Homes for sale - 7200 E Duck Lake Road, Lake Leelanau, MI 49653

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Chollie Houghtaling

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

Listed by Roger P Schaub • Schaub Team Premier Realty

$1,185,000

Est. payment - /mo

7,396 SqFt

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,396 sqft

Price per Sqft $160

Subdivision Mi

MLS Listing ID 1940608

Year Built 2000

Lot Size 2.000 Acres

Acres 2.0

Lot Dimensions 200 x 436

Property Sub-Type Mixed Use

Property Description

Unique opportunity to invest in a growing community in the heart of Leelanau County. This offering includes two acres and two commercial buildings located along the high-visibility business corridor of Lake Leelanau. The primary building, totaling 4,840 sq ft, is currently leased to the Leelanau Enterprise through October 2028 and includes a reception area, conference room, multiple offices, workstations, manufacturing/production space, two ADA-compliant restrooms, and storage. Note: Sale includes real estate & buildings only. Business, furniture, equipment, and printing machinery are not included. The second building, 2,556 sq ft, & offers flexible potential and is primarily used for storage, with approximately half utilized by the tenant with current lease. The structure is in framed-shell condition with exposed studs and no interior finishes, offering flexibility for future build-out and is rough-plumbed for a restroom. This property benefits from strong traffic counts, steady year-round activity, and demographics that support continued commercial growth in Lake Leelanau. Market potential is enhanced by the area's mix of local businesses, tourism-driven demand, and a central position within the Leelanau Peninsula. Due to the nature of highly classified materials within the leased business operation, interior showings are not permitted. An extensive library of photos, videos, and 360° tours is available for buyer review. Prospective purchasers may schedule a grounds-only tour on weekends via ShowingTime with a licensed agent. The property currently generates $54,024 in annual lease income, with the tenant responsible for all operating expenses except property taxes, which are paid by the owner. Offers will be considered beginning Dec 18th to allow prospective buyers adequate time to complete due diligence and review all available materials. See assoc documents for building dimensions, survey, Commercial zoning ordinance, traffic data, and demographic overview.

Location

State MI

County Leelanau

Zoning Residential,Office,Retail,Commercial,Manufacture/Warehouse,Restaurant/Food,Motel/Hotel,Planned Unit Development,Special Use,Automotive Service

Rooms

Basement Slab

Interior

Heating Forced Air, Central Air

Cooling Forced Air, Central Air

Exterior

Exterior Feature Vinyl, Stone

Roof Type Asphalt

Present Use Manufacture/Warehouse,Office Building

Road Frontage Public Maintained, Blacktop

Total Parking Spaces 20

Building

Sewer Private Septic

Water Private Well

Others

Tax ID 45-009-024-018-20

Ownership Private Owner

Acceptable Financing Commercial Loan, Cash

Listing Terms Commercial Loan, Cash

Virtual Tour https://www.zillow.com/view-imx/b055241e-8525-4c94-bac5-3d0cdae20160?initialViewType=pano

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Chollie Houghtaling

+1(248) 764-0614

Broker | License ID: 431484

Broker License ID: 431484

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7200 E Duck Lake Road Lake Leelanau, MI 49653

Chollie Houghtaling

Key Details

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Rooms

Interior

Exterior

Building

Others

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7200 E Duck Lake Road