7200 E Duck Lake Road
Lake Leelanau, MI, 49653 $ 1,185,000
Bedrooms-- Baths-- Sq 7,396 Monthly Estimate*
$ 7,393
for $1,185,000. This 7,396 square foot building was built in 2000 on a lot size of 2.
Unique opportunity to invest in a growing community in the heart of Leelanau County. This offering includes two acres and two commercial buildings located along the high-visibility business corridor of Lake Leelanau. The primary building, totaling 4,840 sq ft, is currently leased to the Leelanau Enterprise through October 2028 and includes a reception area, conference room, multiple offices, workstations, manufacturing/production space, two ADA-compliant restrooms, and storage. Note: Sale includes real estate & buildings only. Business, furniture, equipment, and printing machinery are not included. The second building, 2,556 sq ft, & offers flexible potential and is primarily used for storage, with approximately half utilized by the tenant with current lease. The structure is in framed-shell condition with exposed studs and no interior finishes, offering flexibility for future build-out and is rough-plumbed for a restroom. This property benefits from strong traffic counts, steady year-round activity, and demographics that support continued commercial growth in Lake Leelanau. Market potential is enhanced by the areaâs mix of local businesses, tourism-driven demand, and a central position within the Leelanau Peninsula. Due to the nature of highly classified materials within the leased business operation, interior showings are not permitted. An extensive library of photos, videos, and 360° tours is available for buyer review. Prospective purchasers may schedule a grounds-only tour on weekends via ShowingTime with a licensed agent. The property currently generates $54,024 in annual lease income, with the tenant responsible for all operating expenses except property taxes, which are paid by the owner. Offers will be considered beginning Dec 18th to allow prospective buyers adequate time to complete due diligence and review all available materials. See assoc documents for building dimensions, survey, Commercial zoning ordinance, traffic data, and demographic overview.
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FeaturesGeneralRoof Asphalt
Zoning Residential Office Retail Commercial Manufacture/Warehouse Restaurant/Food Motel/Hotel Planned Unit Development Special Use Automotive Service
Sewer Private Septic
Construction Frame
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ExteriorExterior Features Vinyl Stone
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* Excluded FeaturesList BySchaub Team Premier RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,393
- Monthly Property Taxes
- --
- Monthly 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.
Learn more about how to save NearbyCommerical listings in Lake Leelanau, MI
Average List Price $657,583
Percent of Sale Price 45%
About Lake Leelanau, MI 215 Population
11% Since 2002
$ 59,004 Median Income
50.27 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/18/2025 | $1,185,000 | | Listed Price |