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Improved Commercial Land for Sale in Lake Leelanau, Michigan
7338 E Duck Lake Rd, Lake Leelanau, MI 49653
$1,295,000
3.4 acres
Active
$100k drop
Est $7,802/mo90 unit self-storage property with three buildings built from 2020-2025. Available at a 8.2% cap rate with room to further increase rent. Seller has approval to build an additional 30 unit building. Central Leelanau County location on the east side of the Village of Lake Leelanau with signage on M-204. Moveable middle partition walls allow flexibility on unit sizes.
13,500
Sq feet
2022
Built
Location
- Street address
- 7338 E Duck Lake Rd
- County
- Leelanau County
- Elevation
- 607 feet
Directions
South side of E Duck Lake Rd east of N Eagle Hwy.
Property details
- Acreage
- 3.4 acres
- Zoning
- Commercial
- MLS #
- TAAR 1934695
- Posted
Details and features
Listing
- Type
- Commercial Sale
Structure
- Roof
- Metal
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 2, 2025 | Price drop | $1,295,000 | $100,000 -7.2% | TAAR |
| June 4, 2025 | New listing | $1,395,000 | — | TAAR |
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