Homes for sale - 1757 N Manitou Trail, Leland, MI 49654-9719

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Chollie Houghtaling

chollie@realtorsinmichigan.com +1(248) 764-0614

Listed by Drew Warner • Key Realty One-TC

$5,600,000

Est. payment - /mo

9,244 SqFt

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UPDATED:

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

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Chollie Houghtaling

+1(248) 764-0614

Broker | License ID: 431484

Broker License ID: 431484

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1757 N Manitou Trail Leland, MI 49654-9719

Chollie Houghtaling

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1757 N Manitou Trail