Homes for sale - 7200 E Duck Lake RD, Lake Leelanau, MI 49653

Additional details

Jennifer Allen

jenniferallensells@yahoo.com +1(810) 394-4462

$1,185,000

Est. payment - /mo

7,396 SqFt

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 7,396 sqft

Price per Sqft $160

MLS Listing ID 78080063809

Year Built 2000

Lot Size 2.000 Acres

Acres 2.0

Property Description

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 areaÃ¢â‚¬â„¢s 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 360Ã‚ ° 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.

Location

State MI

County Leelanau

Area Area45021Lelandtwp

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features ParkingLot, Other

Utilities Available NaturalGasConnected

View Y/N No

Roof Type Asphalt

Building

Foundation Slab

Sewer Septic Tank

Water Well

New Construction No

Schools

High Schools Leland

School District Leland

Others

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Special Listing Condition Standard

Virtual Tour https://revolutions-air.aryeo.com/videos/019a9bd0-b042-701d-be42-cc3c129c9ca9

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Listed by Roger P Schaub of Schaub Team Premier Realty

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Jennifer Allen

+1(810) 394-4462

Broker Associate | License ID: 6502419769

Broker Associate License ID: 6502419769

7200 E Duck Lake RD Lake Leelanau, MI 49653

Jennifer Allen

Key Details

Location

Interior

Exterior

Building

Schools

Others

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