AnnArbor Real Estate Associates
MLS#1943536
STATUSActive U/C Taking Backups
PROPERTY TYPECommercial - Business
SUBDIVISIONMI
Property Description
Unique investment opportunity in Lake Leelanau to own a versatile commercial/income property featuring 24 fully rented self-storage units and a charming 2-bedroom, 1-bath cottage offering approximately 900 sq ft. The cottage is currently utilized as a short-term rental and is ideally located near the Narrows of Lake Leelanau, with close proximity to restaurants, wineries, and nearby lake access???making it an attractive option for both visitors and long-term use. With all storage units fully occupied, this property offers immediate and consistent income, along with additional revenue potential from the cottage. Ideally positioned in a desirable Lake Leelanau location, this is a unique opportunity to invest in a property with multiple income streams and strong local demand. Square footage includes both the storage units and the cottage. Year built is approximate for the storage units; the house was relocated to the property and its exact age is unknown.
Property Features
Property Type: Commercial - Business
Basement: Crawl Space, Slab
Lot Size: 0.24 Acres
Roof Type: Asphalt, Metal/Steel
Year Built: 2000
Feature Descriptions
Business Included: Yes
Business Name: Lake Leelanau Self Storag
Construction: Steel, Frame
Days on Site: 10
Exterior: Steel, Shingle
Heating/Cooling: Forced Air
Lot Dimensions: 0.24 Acre(s)
Parking: Common
Present Use: Educational, Other, Mini-Storage
Real Estate Included: Yes
Road: Public Maintained, Blacktop
Sewer: Municipal, Private Septic
Water: Private Well
Waterfront Type: No
Listed By / Shown By
Listed By
Agency Name: Schaub Team Premier Realty
Agency Phone: 231-674-5950
Shown By
Agent Name: Ann Arbor Real Estate Associates
Agent Phone: (734) 395-4990
Agency Title: Key Realty
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Agency License Information: 1-877-539-7589 | Ohio Lic# REC.2010002888 6800 W Central Ave #B, Toledo, OH 43617 | Michigan Lic# 6505366134 8040 Summerfield Rd, Lambertville, MI 48144 | Indiana Lic# RC52400106 3029 W Smith Valley Rd #211, Greenwood, IN 46142 | West Virginia LIC# 010306 Erin Rickman, Broker. 410 Market St #3, Parkersburg, WV, 26101 | Colorado LIC# EC.100108419 603 Rood Ave, Grand Junction, CO 81501 | Nevada LIC# B.0146350.LLC 9190 Double Diamond Pwky, Reno, NV 89521 | Florida LIC# CQ1073507 16638 Mooner Plank Cir, Wimauma, FL 33598
Agent License Information: Brokerage/Company License Number: MI-65-05366134
300 Philip Street W | MLS# 1943536
This commercial property located at 300 Philip Street W, Lake Leelanau, MI 49653 is currently listed for sale with an asking price of $429,000. Search Lake Leelanau real estate on caitlinphillips.ikeyrealty.com today.