102 W Philip Street Lake Leelanau, MI ^$ 925,000

102 W Philip Street

^$ 925,000

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102 W Philip Street

Lake Leelanau, MI, 49653

^$ 925,000

Studio Baths0.0 Sq 2,006

Monthly Estimate*

^$ 6,461

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Studio

Commercial Property for sale in Lake Leelanau, MI

for $925,000. This 2,006 square foot building was built in 1900 on a lot size of 0.4.

Fabulous income opportunity in the heart of the village of Lake Leelanau! Currently the house is being used as a 5 bedroom 2 bath long term rental, but this listing boasts not one, but 2 commercial lots within walking distance to the boat launch, wineries, distilleries, restaurants and shops! Both lots (over .5 acres combined) are zoned Commercial C-1 and so there are many, possibilities for future endeavors! These parcels are being sold together and will not be sold separately. The parcel #'s are 45-009-770-200-50 and 45-009-770-202-00. All measurements and tax information have been taken from 3rd party sources and are deemed reliable but should be verified by Buyer or Buyer's Agent. Also listed as Residential MLS 1921552

Commercial Active

Price

^$ 925,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

0.4

Year Built

1900

Town/City

Lake Leelanau

County/Region

Leelanau

MLS | Web ID

80017004

Features

General

Heating Hot Water

Possession Negotiable (Possession)

Roof Asphalt

Water Private Well

Status Active Active

Year Built 1900

Subdivision None MI

County Leelanau

Class COM/IND/BUS OPP

Type Business

Business Name None

Percent Ownership Private

Municipality Leland

Section 26

Zoning Commercial

Commercial Features Bath

Area Leland Twp (45009)

Primary City Lake Leelanau

Location Corner Lot

Directions Heading into Lake Leelanau from Suttons Bay on M2-4 the house will be on your right at the intersection of 204 and St. Mary's St

City Lake Leelanau

Street Name Philip

Financial Terms Cash Commercial Loan Conventional

Legal Description 2 separate parcels see associated documents

DOM 16

Postal Code 49653

Price Per Sq Ft 461.12

Coming Soon Fabulous income opportunity in the heart of the village of Lake Leelanau! Currently the house is being used as a 5 bedroom 2 bath long term rental but this listing boasts not one

Exterior

Exterior Frame Vinyl Siding Wood

Lot Size Area 0.4

Lot Dimensions 100x184x99x184

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Robin Vilter

Listing Agent

Five Star Real Estate - Front St Tc

Broker

robinvilter@gmail.com

Affordability Calculator

$6,461

Per Month

Monthly Principal & Interest: $6,461
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% 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.

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Nearby

Trends
Schools

Commerical listings in Lake Leelanau, MI

Average List Price ^$496,831

Percent of Sale Price 46%

About Lake Leelanau, MI

215 Population

11% Since 2002

^$59,004 Median Income

50.27 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/29/2024	$925,000		Listed Price

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102 W Philip Street, Lake Leelanau, MI, 49653 is a Commercial Property for sale at $925,000 with 2,006 sqft and a lot size of 0.4. 102 W Philip Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 49653 which is in Lake Leelanau, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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102 W Philip Street

Commercial Property for sale in Lake Leelanau, MI

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