MI > Leland > Mi
Leland, MI 49654,407 S Main Street
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Leland, MI 49654,407 S Main Street
Leland, MI 49654,407 S Main Street
Leland, MI 49654,407 S Main Street
Leland, MI 49654,407 S Main Street
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Tricia Boerma

Tricia Boerma

Boerma Realty LLC

+1(989) 560-5779
Listed by Alex MacKenzie • Coldwell Banker Schmidt Traver
$ 1,990,000
Est. payment /mo
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407 S Main Street Leland, MI 49654

6,875 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,875 sqft

Price per Sqft $289

Subdivision Mi

MLS Listing ID 1931931

Year Built 1925

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 50x128

Property Sub-Type Retail/Commercial

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

Zoning Office,Other,Commercial,Restaurant/Food

Body of Water Leland River

Rooms

Basement Crawl Space, Slab

Interior

Heating Forced Air

Cooling Forced Air

Exterior

Exterior Feature Wood

Roof Type Asphalt

Present Use Restaurant/Food Service,Office Building,Bed & Breakfast,Other

Road Frontage Public Maintained

Building

Sewer Municipal

Water Private Well

Others

Tax ID 009-730-200-00

Ownership Private Owner

Acceptable Financing Commercial Loan, Cash, 1031 Exchange

Listing Terms Commercial Loan, Cash, 1031 Exchange

agent

Tricia Boerma

Broker

+1(989) 560-5779

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407 S Main Street