See all 45 photos
$1,990,000
Est. payment /mo
6,875 SqFt
Contingent
407 S Main Street Leland, MI 49654
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Contingent
Purchase Type For Sale
Square Footage 6,875 sqft
Price per Sqft $289
Subdivision Mi
MLS Listing ID 80055286
Year Built 1925
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 50x128
Property Sub-Type Commercial/Industrial
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
Area Leland Twp (45009)
Zoning Professional Office,Commercial,Other
Interior
Heating Forced Air
Exterior
Parking Features Parking Lot
Roof Type Asphalt
Building
Foundation Crawl, Slab
Water Private Well
Structure Type Frame,Wood
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Commercial Loan,Exchange/Trade

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Listed by Coldwell Banker Schmidt Traver