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Leland,MI 49654
Key Details
Property Type Commercial
Sub Type Retail/Commercial
Listing Status Contingency
Purchase Type For Sale
Square Footage 6,875 sqft
Price per Sqft $289
Subdivision Mi
MLS Listing ID 1931931
Year Built 1925
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 50x128
Property Sub-Type Retail/Commercial
Property Description
Unique opportunity to own on the river! Prime 0.33 acre redevelopment property with almost 50' of river frontage in Downtown Leland. The L-shaped lot is well suited for residential redevelopment, and includes approximately 178' of frontage on S Main St/M-22. The existing building features approximately 6,875 SF of mixed-use space, including a restaurant/cafe up-front, office space in the middle, and a residential townhome on the river, which is currently being used as a short-term rental unit. With commercial zoning and existing income from leases, this property provides plenty of flexibility to a new owner. Don't miss this rare opportunity to own in Downtown Leland!
Location
State MI
County Leelanau
Zoning Office,Other,Commercial,Restaurant/Food
Body of Water Leland River
Rooms
Basement Crawl Space,Slab
Interior
Heating Forced Air
Cooling Forced Air
Exterior
Exterior Feature Wood
Roof Type Asphalt
Present Use Restaurant/Food Service,Office Building,Bed & Breakfast,Other
Road Frontage Public Maintained
Building
Sewer Municipal
Water Private Well
Others
Tax ID 009-730-200-00
Ownership Private Owner
Acceptable Financing Commercial Loan,Cash,1031 Exchange
Listing Terms Commercial Loan,Cash,1031 Exchange