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$1,990,000
18 Days On Site
407 S Main StreetLelandTownship_Leelanau, MI 49654
For Sale|Commercial Sale|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
6,875
SqFt
$289
/SqFt
1925
Built
County:
Leelanau
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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!
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Listing Snapshot
Price
$1,990,000
Days On Site
18 Days
Bedrooms
N/A
Inside Area (SqFt)
6,875 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.33 Acres
Year Built
1925
MLS® Number
78080055286
Status
Active Under Contract
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a week ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Status changed to Active Under Contract | |
| 3 weeks ago | Listing first seen on site |
General Features
Acres
0.33
Foundation
Slab
Parking
Parking Lot
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
6875
Utilities
Natural Gas Connected
Water Source
PrivateWell
Zoning
Commercial, Office, Other
Interior Features
Basement
Crawl Space
Heating
Forced AirNatural Gas
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Exterior Features
Construction Details
FrameWood Siding
Frontage
Waterfront
Roof
Asphalt
Waterfront
Yes
Waterfront Features
Waterfront
Community Features
Financing Terms Available
Cash1031 ExchangeTrade
MLS Area
Area45021LelandTwp
School District
Leland
Schools
School District
Leland
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Coldwell Banker Schmidt Traver: 2314990529
IDX provided courtesy of Realcomp II Ltd. via . Copyright © 2025 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
IDX provided courtesy of Realcomp II Ltd. via . Copyright © 2025 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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