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Jessica A Wilson

jannewilsonrealtor@gmail.com +1(313) 399-5605

$ 4,200,000

Est. payment | -/mo

9,244 SqFt

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$ 4,200,000

Est. payment | -/mo

Save

9,244 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,244 sqft

Price per Sqft $454

Subdivision Whaleback Inn

MLS Listing ID 78080072039

Year Built 1906

Lot Size 4.330 Acres

Acres 4.33

Property Description

Iconic investment property in Leland, Michigan, now offered at recently appraised value. 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. The current operating schedule is mid April to late October but in the past the hotel has operated all 12 months. 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 Area45021Lelandtwp

Interior

Heating Baseboard, Electric, Forced Air, Hot Water, Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Other

Utilities Available ElectricityConnected, NaturalGasConnected

Waterfront Description Waterfront

View Y/N No

Roof Type Asphalt

Building

Foundation Basement, CrawlSpace, Slab

Sewer Septic Tank

Water Well

New Construction No

Schools

School District Leland

Others

Acceptable Financing Cash, Other, Trade1031Exchange

Listing Terms Cash, Other, Trade1031Exchange

Special Listing Condition CorporateRelocation

Listed by Drew Warner of Key Realty One-TC

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 399-5605

jannewilsonrealtor@gmail.com

6838 Park Ave, Allen Park, MI 48101-2036, USA

Learn More About LPT Realty

1757 N Manitou TRL Leland, MI 49654