1757 N Manitou Trail Leland, MI $ 5,600,000
1757 N Manitou Trail
$ 5,600,000
Share Save

1757 N Manitou Trail

Leland, MI, 49654
$ 5,600,000
Bedrooms-- Baths20.0 Sq 9,244

Monthly Estimate*

$ 34,480

1757 N Manitou Trail, Leland, MI 49654 - Image 1
1757 N Manitou Trail, Leland, MI 49654 - Image 2
1757 N Manitou Trail, Leland, MI 49654 - Image 3
1757 N Manitou Trail, Leland, MI 49654 - Image 4
1757 N Manitou Trail, Leland, MI 49654 - Image 5
1757 N Manitou Trail, Leland, MI 49654 - Image 6
1757 N Manitou Trail, Leland, MI 49654 - Image 7
1757 N Manitou Trail, Leland, MI 49654 - Image 8
1757 N Manitou Trail, Leland, MI 49654 - Image 9
1757 N Manitou Trail, Leland, MI 49654 - Image 10
1757 N Manitou Trail, Leland, MI 49654 - Image 11
1757 N Manitou Trail, Leland, MI 49654 - Image 12
1757 N Manitou Trail, Leland, MI 49654 - Image 13
1757 N Manitou Trail, Leland, MI 49654 - Image 14
1757 N Manitou Trail, Leland, MI 49654 - Image 15
1757 N Manitou Trail, Leland, MI 49654 - Image 16
1757 N Manitou Trail, Leland, MI 49654 - Image 17
1757 N Manitou Trail, Leland, MI 49654 - Image 18
1757 N Manitou Trail, Leland, MI 49654 - Image 19
1757 N Manitou Trail, Leland, MI 49654 - Image 20
1757 N Manitou Trail, Leland, MI 49654 - Image 21
1757 N Manitou Trail, Leland, MI 49654 - Image 22
1757 N Manitou Trail, Leland, MI 49654 - Image 23
1757 N Manitou Trail, Leland, MI 49654 - Image 24

Commercial Property for sale in Leland, MI

for $5,600,000 with 20 full baths. This 9,244 square foot building was built in 1906 on a lot size of 4.33.

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.

See more

Commercial Active

Price

$ 5,600,000

Full Bath

20

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

4.33

Year Built

1906

Town/City

Leland

County/Region

Leelanau

MLS | Web ID

1929993

Features
General
Sewer Private Sewer
Heating Forced Air Hot Water Baseboard Wall Furnace Natural Gas
Cooling Electric Multi Units
Possession Close Of Escrow
Roof Asphalt Membrane
Security Features Fire Sprinkler System
Construction Materials Frame Wood Siding Shingle Siding
Year Built 1906
Township Leland
Property Subtype Hospitality
Business Type Recreation
Accessibility None
Assoc Fee Paid Per Annually
Business Name Whaleback Inn
County Leelanau
New Construction N
Property Type Commercial Sale
Attached Garage N
Energy Efficient Not Applicable
Subdivision Name Whaleback Inn
Garage Y/N N
Building Features Phone System
Green Water Conservation Not Applicable
Rent Includes None
Status Active
Directions From Suttons Bay go west on M-204 N on M-22 to location on left 1 mile south of town of Leland.
City Leland
Body of Water North Lake Leelanau
Zoning Description Residential Commercial Motel/Hotel
Lot Size Units Acres
Lot Size Square Feet 188614.8
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 672379
Ownership Type Corporation
Lease Amount Frequency Annually
Legal Description Lengthy Legal See Survey
Year Built Effective 2024
Freehold IDX
See more
Interior
Basement Partial Crawl Space
Furnished Y/N Furniture/Fixtures
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 20
See more
Exterior
Parking Features Assigned Common
Water Source Private
Total Parking 28
Lot Size Area 4.33
Foundation Details Slab Stone
Spa N
Lot Size Acres 4.33
Other Parking Assigned Common
Frontage Length 203
Frontage Type Waterfront
Waterfront Y/N Y
Road Responsibility Public Maintained Road
Horse Y/N N
See more
* Excluded Features
List By
Key Realty One-Tc

Broker

Cell: 231-342-9381

Contact

Affordability Calculator

$34,480
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,480
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2025$5,600,000 Listed Price

Map


See all

1757 N Manitou Trail, Leland, MI, 49654 is a Commercial Property for sale at $5,600,000 with 9,244 sqft and a lot size of 4.33. 1757 N Manitou Trail has 20.0 baths and was built in 1906. The property's zip code is 49654 which is in Leland, MI