407 S Main Street

Leland, Michigan 49654

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.33
    Acre(Lot)
$1,990,000

Description

Incredible opportunity to own on the river! unique multi-unit property featuring approximately 6,875 sf in total on a 0.33 acre lot. the ~1,700 sf 2 bed/2bath townhouse has a history as a short-term rental, and features approximately 50' of frontage directly on the leland river with room to dock your boat. the middle section of the building includes approximately 3,125 sf of office space between several suites. the front section, directly on the famous m-22, features a 2,050 sf restaurant space, which is currently home to local hotspot trish's dishes. the property itself offers a lot of flexibility and has great potential for redevelopment. with commercial zoning, this is the perfect opportunity to live on the river and generate some passive income from the other units. don't miss out on this rare riverfront opportunity in downtown leland!

  • Property Type

    Multifamily

  • County

    Leelanau

  • Style

    Multifamily

  • AD ID

    50160064

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Property Details

  • Room Information

    • Porches: Deck

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1925
    • Building Stories: 1 Story
    • Total Units: 7
    • Foundation/Basement: Crawl,Slab

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Well (Existing)

  • Lot Information

    • Lot Size: 0.33
    • Dimensions: 50x128
    • Waterfront: Dock Facilities
    • Waterfront Description: River Front,Water Front

    Property Information

    • Subdivision: N/A
    • Financing: Cash,Trade/Exchange

  • Listing Price Information

    • Original List Price: $1,990,000

    Listing Information

    • Possession: At Close
    • Legal Description: partial from tax ID: L226 P414 L366 P208 L505 P028 L641 P34 NLY 200 FT BLK 20 EXC LELAND RIVER CONDOMINIUMS & EXC PRT COM SW COR BLK 20 THN 21 DEG 30' 00" E 100 FT FOR POB TH CONT N 21 DEG 30' 00" E 22.58 FT TH S 68DEG 34' 26" E 68 FT TO WLY LN LELAND RIV

  • Tax Information

    • Parcel Number: 00973020000

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: partial from tax ID: L226 P414 L366 P208 L505 P028 L641 P34 NLY 200 FT BLK 20 EXC LELAND RIVER CONDOMINIUMS & EXC PRT COM SW COR BLK 20 THN 21 DEG 30' 00" E 100 FT FOR POB TH CONT N 21 DEG 30' 00" E 22.58 FT TH S 68DEG 34' 26" E 68 FT TO WLY LN LELAND RIV

  • Utility Information

    • Water:Well (Existing)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 06/27/2025 @ 21:57

  • MLS: 628630361
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.