1757 N Manitou Trail Active

Leland,MI 49654-9719

$ 5600000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 80053399

Style 1 Story

Year Built 1906

Lot Size 4.330 Acres

Acres 4.33

Lot Dimensions Irregular

Property Sub-Type Multi-Family

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

Area Leland Twp (45009)

Zoning Commercial,Residential

Rooms

Basement Partial,Stone

Dining Room Breakfast Nook/Room

Kitchen Breakfast Nook/Room

Interior

Interior Features Hardwood Floors

Heating Wall Heat,Baseboard,Forced Air,Hot Water

Cooling Exhaust Fan,Wall/Window A/C

Fireplaces Type Wood Stove

Appliance Dishwasher,Dryer,Freezer,Microwave,Range/Oven,Refrigerator,Washer

Exterior

Exterior Feature Wood

Building

Story 1 Story

Foundation Crawl,Slab

Water Private Well

Structure Type Wood

Schools

School District Leland Public School District

Others

Ownership Corporation

Energy Description Electric,Natural Gas

Financing Cash,Exchange/Trade

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