7338 E Duck Lake Road Lake Leelanau, MI ^$ 1,295,000

7338 E Duck Lake Road

^$ 1,295,000

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7338 E Duck Lake Road

Lake Leelanau, MI, 49653

^$ 1,295,000

Bedrooms-- Baths-- Sq 13,500

Monthly Estimate*

^$ 8,079

7338 E Duck Lake Road, Lake Leelanau, MI 49653 - Image 1

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7338 E Duck Lake Road, Lake Leelanau, MI 49653 - Image 3

7338 E Duck Lake Road, Lake Leelanau, MI 49653 - Image 4

7338 E Duck Lake Road, Lake Leelanau, MI 49653 - Image 5

7338 E Duck Lake Road, Lake Leelanau, MI 49653 - Image 6

7338 E Duck Lake Road, Lake Leelanau, MI 49653 - Image 7

7338 E Duck Lake Road, Lake Leelanau, MI 49653 - Image 8

7338 E Duck Lake Road, Lake Leelanau, MI 49653 - Image 9

7338 E Duck Lake Road, Lake Leelanau, MI 49653 - Image 10

7338 E Duck Lake Road, Lake Leelanau, MI 49653 - Image 11

7338 E Duck Lake Road, Lake Leelanau, MI 49653 - Image 12

Commercial Property for sale in Lake Leelanau, MI

for $1,295,000. This 13,500 square foot building was built in 2022 on a lot size of 3.4.

90 unit self-storage property with three buildings built from 2020-2025. Available at a 8.2% cap rate with room to further increase rent. Seller has approval to build an additional 30 unit building. Central Leelanau County location on the east side of the Village of Lake Leelanau with signage on M-204. Moveable middle partition walls allow flexibility on unit sizes.

Commercial Active

Price

^$ 1,295,000

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

3.4

Year Built

2022

Town/City

Lake Leelanau

County/Region

Leelanau

MLS | Web ID

80058027

Features

General

Heating None

Cooling None

Possession At Close

Roof Metal

Status Active Active

Year Built 2022

Parking Parking Lot

Subdivision none

County Leelanau

Class COM/IND/BUS OPP

Type Business

Business Name none

Ownership Private

Municipality Leland

Section 24

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Commercial Features Overhead Doors

Area Leland Twp (45009)

Directions South side of E Duck Lake Rd east of N Eagle Hwy.

City Lake Leelanau

Financial Terms Cash Commercial Loan Conventional

Legal Description TBD upon spilt from parent parcel. Parent parcel lengthy description in documents.

DOM 182

Price Per Sq Ft Total AG 95.93

Public Remarks 90 unit self-storage property with three buildings built from 2020-2025. Available at a 8.2% cap rate with room to further increase rent. Seller has approval to build an additional 30 unit building. C

Exterior

Exterior Steel

Lot Size Area 3.4

Lot Dimensions TBD after split

Roads Private Road

* Excluded Features

List By

Bill Somerville

Listing Agent

Three West, Llc

Broker

bsomerville@threewest.com

Affordability Calculator

$8,079

Per Month

Monthly Principal & Interest: $8,079
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

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Nearby

Trends
Schools

Commerical listings in Lake Leelanau, MI

Average List Price ^$657,583

Percent of Sale Price 49%

About Lake Leelanau, MI

215 Population

11% Since 2002

^$59,004 Median Income

50.27 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/2/2025	$1,295,000	-7.17%	Price Down
6/4/2025	$1,395,000		Listed Price

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7338 E Duck Lake Road, Lake Leelanau, MI, 49653 is a Commercial Property for sale at $1,295,000 with 13,500 sqft and a lot size of 3.4. 7338 E Duck Lake Road was built in 2022. The property's zip code is 49653 which is in Lake Leelanau, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

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7338 E Duck Lake Road

Commercial Property for sale in Lake Leelanau, MI

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