The three story Chesterfield Hotel opened in 1902 and was a popular vacation destination for those travelling into town on the interurban railroad.
One of the hotel's most famous guests, Henry Ford celebrated at the Chesterfield with a muscrat dinner after setting a new land speed record on the Anchor Bay ice in 1904.
Prior to the hotel, the Ben Bertha Corset and Hoop Skirt factory built in 1870 was demolished to make way for the construction of the Chesterfield.
The Great Depression brought on the demise of the hotel, which fell into disrepair and abandoned. It was demolished in 1937
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