Advertise
    Leland, MI
    Hospitality

    Leland, MI Hospitality Properties for Sale

    Notify Me
    List
    Map
    Lake Leelanau, MI Glen Arbor, MI Northport, MI Cedar, MI Maple City, MI Suttons Bay, MI Empire, MI Traverse City, MI
    Hotel Property with Lake Views
    Updated: Aug 6
    Hotel Property with Lake Views

    1757 N Manitou Trail, Leland, MI 49654

    $4,200,000
    9,244 sqft 4.33 AC lot
    Five buildings totaling 9,244 square feet
    18 short‑term rental units
    4.33‑acre property with 200 feet of private frontage across the road on North Lake Leelanau
    Historic 1906 main lodge with innkeeper’s quarters, office, and gift shop
    Lake views with kayak and paddle board rentals offered
    View details
    Hotel Property With Lake Views
    Updated: Aug 6
    Hotel Property With Lake Views

    1757 N Manitou Trail, Leland, MI 49654

    $4,200,000
    9,244 sqft 4.33 AC lot
    Five‑building hotel property totaling 9,244 square feet
    18 short‑term rental units across the property
    4.33‑acre site in Leland, Michigan
    200 feet of private frontage across the road from North Lake Leelanau
    1906 main lodge with innkeeper quarters, office, and gift shop
    View details
    Historic Hotel with Lake Views
    Historic Hotel with Lake Views

    1757 N Manitou Trail, Leland, MI 49654

    $4,200,000
    9,244 sqft

    Five-building hospitality property with 18 short-term rental units and seasonal operations near North Lake Leelanau.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Leland, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Victorian Hotel
    Historic Victorian Hotel

    18599 Mission Road Unit SourceFi, Traverse City, MI 49686

    $4,260,000
    5,644 sqft 10.00 AC lot

    Restored Victorian hotel with 13 guest rooms and an on-site cafe open to the public.

    View details
    Historic Inn with Restaurant & B&B
    Historic Inn with Restaurant & B&B

    149 E Harbor Highway, Maple City, MI 49664

    $1,600,000
    7,500 sqft 3.17 AC lot

    Turn-key Leelanau County landmark with restaurant, bar, and lodging.

    View details
    Boutique Motel with On-Site Cafe
    Boutique Motel with On-Site Cafe

    7097 S Dunns Farm Road, Maple City, MI 49664

    $1,150,000
    4,957 sqft 5.90 AC lot

    Updated in 2024, this 8-room boutique motel includes a cafe and in-room HVAC, plus an on-site apartment.

    View details
    Victorian Hotel with Lake Michigan Views
    Victorian Hotel with Lake Michigan Views

    18599 Mission Road, Traverse City, MI 49686

    $4,260,000
    10.00 AC lot

    Historic Victorian hotel on about 10 acres with 13 guest rooms, commercial kitchen, and a cafe open to the public.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Buildable Land
    Waterfront Buildable Land

    6785 Fouch Road, Traverse City, MI 49684

    $250,000
    2.69 AC lot

    Buildable waterfront lot with an existing pole building, paved drive, and utilities in place for a range of uses.

    View details
    Commercial Land with Existing Office
    Commercial Land with Existing Office

    1040 E Front Street, Traverse City, MI 49686

    $1,148,000
    1,864 sqft 0.63 AC lot

    0.63-acre parcel with three lots, including an existing office building and two vacant lots on US-31.

    View details
    Commercial Development Land Parcel
    Commercial Development Land Parcel

    M-72, Williamsburg, MI 49690

    $650,000
    11.00 AC lot

    Development-ready commercial land on M-72 with utility access nearby and available engineering reports.

    View details
    Vacant Commercial Land with Highway Frontage
    Vacant Commercial Land with Highway Frontage

    11640 US 31 N Highway, Charlevoix, MI 49720

    $449,000
    6.00 AC lot

    Build-ready commercial parcel with shared access, utilities, and highway frontage on US 31.

    View details

    Leland, MI Hospitality Properties Market Trends and Statistics

    Explore 3 hospitality properties for sale in Leland, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 27,732 square feet of properties for sale, with an estimated market value of $12,600,000.

    Sale prices for hospitality properties in Leland, MI average $4,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 4
    Bed & breakfasts 1
    Resorts 1

    Demographics Overview

    Population 737
    Population Growth (5Y) +42.0%
    Median Household Income $119,107
    College Educated 72.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.37%
    Tax Rate vs County Average 0.13 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Leelanau County

    Retail

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Hospitality properties for Sale Near Leland, MI

    Popular Searches in Leland, MI

    Most Searched ZIP Codes in Leland, MI

    • 49654

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!