REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Chollie Houghtaling

chollie@realtorsinmichigan.com +1(248) 764-0614

$4,750,000

Est. payment - /mo

9,244 SqFt

Save

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,244 sqft

Price per Sqft $513

Subdivision Whaleback Inn

MLS Listing ID 78080053398

Year Built 1906

Lot Size 4.330 Acres

Acres 4.33

Property Description

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 2026 bookings must be honored. The current operating schedule is mid April to late October but in the past the hotel has operated all 12 months. 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.

Location

State MI

County Leelanau

Area Area45021Lelandtwp

Interior

Heating Baseboard, Electric, Forced Air, Hot Water, Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Other

Utilities Available ElectricityConnected, NaturalGasConnected

Waterfront Description Waterfront

View Y/N No

Roof Type Asphalt

Building

Foundation Basement, CrawlSpace, Slab

Sewer Septic Tank

Water Well

New Construction No

Schools

School District Leland

Others

Acceptable Financing Cash, Other, Trade1031Exchange

Listing Terms Cash, Other, Trade1031Exchange

Special Listing Condition CorporateRelocation

Read Less Info

Listed by Drew Warner of Key Realty One-TC

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Chollie Houghtaling

+1(248) 764-0614

Broker | License ID: 431484

Broker License ID: 431484

QUICK SEARCH

1757 N Manitou TRL Leland, MI 49654

Chollie Houghtaling

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Go tour this home

1757 N Manitou TRL