Improved Land for Sale in Leland, Michigan
1757 N Manitou Trl, Leland, MI 49654
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
- Street address
- 1757 N Manitou Trl
- County
- Leelanau County
- Elevation
- 607 feet
Directions
From Suttons Bay go west on M-204, N on M-22 to location on left 1 mile south of town of Leland.
Property details
- Acreage
- 4.33 acres
- Zoning
- Residential, Commercial, Motel/Hotel
- MLS #
- TAAR 1929993
- Posted
Parcels
- 009-016-052-00
Details and features
Listing
- Type
- Commercial Sale
- Subtype
- Other
Lot
- Features
- Waterfront
Exterior
- Parking Spaces
- 28
Structure
- Heating
- Baseboard, Forced Air, Hot Water
- Roof
- Asphalt, Membrane
Interior
- Rooms
- Bathroom x 5
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 9, 2025 | New listing | $5,600,000 | — | TAAR |