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.
4.33 Private Acres Lot Size
investment
Built in 1906
MLS/Listing ID 78080053399
19 Units
Waterfront
Deck
Porch
Heating - Baseboard
Heating - Electric
Heating - Forced Air
Heating - Hot Water
Heating - Natural Gas
Heating - Wall Furnace
Basement
Slab
Stone
Hardwood
Lot - Sprinklers
Crawlspace
Cooling - Exhaust Fan
Washer
Refrigerator
Range
Oven
Microwave
Freezer
Dryer
Dishwasher
Construction - Wood Siding
Cooling - Wall/window unit(s)
Wood Burning Stove Fireplace
TOTAL MONTHLY COST
$0
$0
$0