1757 N Manitou Trail Active Save Request In-Person Tour Request Virtual Tour
Leland,MI 49654-9719
Key Details
Property Type Commercial
Sub Type Hospitality
Listing Status Active
Purchase Type For Sale
Square Footage 9,244 sqft
Price per Sqft $605
Subdivision Mi
MLS Listing ID 1929993
Year Built 1906
Lot Size 4.330 Acres
Acres 4.33
Lot Dimensions Irregular
Property Sub-Type Hospitality
Property Description
Say hello to an amazing and iconic investment opportunity in coveted Leelanau County, one mile south of historic Leland, Michigan. Boasting five buildings totaling 9,244 square ft, 18 short term rental units, 4-plus beautiful acres, world class lake views and 200 ft of across-the-road private frontage on North Lake Leelanau, this is a stunning property currently run as a profitable hotel with an average of 4.8 star reviews. The historic 1906 main lodge functions as an innkeeper's quarters and main office/gift shop. Kayak and paddle board rentals are offered at the lakefront. Please note that all 2025 bookings must be honored. The current operating schedule is mid April to late October. Detailed list of property and building improvements as well as financials are available upon request. Owner is a licensed real estate agent in the state of Michigan.
Location
State MI
County Leelanau
Zoning Residential,Commercial,Motel/Hotel
Body of Water North Lake Leelanau
Rooms
Basement Partial,Crawl Space,Slab,Stone
Interior
Heating Forced Air,Hot Water,Baseboard,Wall
Cooling Forced Air,Hot Water,Baseboard,Wall
Exterior
Exterior Feature Wood,Shingle
Roof Type Asphalt,Membrane
Present Use Recreational/Resort
Road Frontage Public Maintained
Total Parking Spaces 28
Building
Sewer Private Septic
Water Private Well
Others
Tax ID 45-009-016-052-00
Ownership Corporate Owned
Acceptable Financing Commercial Loan,Cash,1031 Exchange
Listing Terms Commercial Loan,Cash,1031 Exchange