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    Leland, MI Hotels for Sale

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    Lake Leelanau, MI Glen Arbor, MI Northport, MI Cedar, MI Maple City, MI Suttons Bay, MI Empire, MI Traverse City, MI
    Multi-Building Hotel Property
    Updated: Aug 6
    Multi-Building Hotel Property

    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 across the property
    4.33‑acre hospitality property in Leland, Michigan
    200 feet of private frontage across the road from North Lake Leelanau
    Historic 1906 lodge with innkeeper quarters, office, and gift shop
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    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 hospitality property
    200 feet of private frontage across the road from North Lake Leelanau
    Historic 1906 main lodge with innkeeper quarters, office, and gift shop
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    Multi-Building Lakefront Hotel
    Multi-Building Lakefront Hotel

    1757 N Manitou Trl, Leland, MI 49654

    $4,200,000
    9,244 sqft

    Hospitality property with short-term lodging, a historic lodge, guest services, and recreational rental operations.

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    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 9 Potential Opportunities for your consideration. Besides 3 Active listings in Leland, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Restored Victorian Bed & Breakfast
    Restored Victorian Bed & Breakfast

    18599 Mission Road, Traverse City, MI 49686

    $4,260,000
    5,644 sqft 10.86 AC lot

    Guest accommodations pair dining areas with a commercial kitchen and covered porch.

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    21-Room Motel with Residence
    21-Room Motel with Residence

    4290 S W Bay Shore Drive, Suttons Bay, MI 49682

    $2,790,000
    9,729 sqft 4.10 AC lot

    Lodging accommodations include an owner or caretaker residence for convenient on-site management.

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    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.

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    21-Room Bay-View Hotel
    21-Room Bay-View Hotel

    4290 S West Bay Shore Drive, Suttons Bay, MI 49682

    $2,790,000

    Established lodging property with varied accommodations, outdoor space, and an onsite owner or caretaker residence.

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    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.

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    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

    Three-lot parcel combines vacant land with an existing office building and on-site parking.

    View details

    Leland, MI Hotels Market Trends and Statistics

    Explore 3 hotels 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 resorts 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 4

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Leland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49654 $4.2M

    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)

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