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1757 Manitou Trail, Leland, MI

Price: $5,600,000.00
Square Ft.: 9244
Price/SQFT: $605.80

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.

Basic Information

MLS ID: 1929993
City: Leland
State: MI
ZIP: 49654
Area: Leelanau
Acres: 4.33
Square Feet: 9244

Additional Information

  • Basement: Partial,Crawl Space Location:
  • Business Included: Recreation
  • Lot:
  • Business Name: Whaleback Inn
  • Property Status: Active
  • Construction: Frame,Wood Siding,Shingle Siding
  • Documents: Legal Description,Survey
  • Zoning: Residential,Commercial,Motel/Hotel
  • Possession: Close Of Escrow
  • Dimensions:
  • For Sale Or Lease: Commercial Sale
  • Directions: From Suttons Bay go west on M-204, N on M-22 to location on left 1 mile south of town of Leland.
  • Road Frontage:
  • Days On Market: 32
  • Roofing: Asphalt,Membrane
  • Days On MLS: 32
  • Township: Leland
  • Financing:
  • Water: Private
  • Floor Type:
  • Licenses: None
  • Heating: Forced Air,Hot Water,Baseboard,Wall Furnace,Natural Gas
  • Year Built: 1906
  • Cooling: Electric,Multi Units

Listing courtesy of Key Realty One-TC, 310 W. Front Street, Ste.310F Traverse City, MI 49684

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