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407 S Main Street, Leland, MI 49654
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$1,990,000
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Home Details for 407 S Main Street
Price
$1,990,000
Type
Commercial/Industrial
Year Build
1925
Sq. Ft.
6875
Lot Size
0.33
County
Leelanau
Basement
Crawl Space
MLS®️ Listing#
1931931
On exitrealty.com
234 days
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!
- Water Features
- Well
- Private
- Heating Information
- Forced Air
- Utilities
- Natural Gas Available
- Basement
- Crawl Space
Listing Courtesy: Coldwell Banker Schmidt Traver - Cell: 231-499-0529
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright ©2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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$1,990,000
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EXIT NORTHERN SHORES REALTY
515 W Fourteenth St., Traverse City, MI 49684