1757 Manitou Trl Leland, MI 49654
Property profile & analytics
1757 Manitou Trl Leland, MI 49654
- Commercial real estate
- 5.36 lot acres
Property ID
US43-3743755
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 1757 Manitou Trl
- Lot size
- 5.36 lot acres
- Property type
- Commercial real estate
- APN
- 009-016-052-00
- APU
- 901605200
Description
This exceptional investment opportunity presents a profitable, established hotel in desirable Leelanau County, Michigan. Situated just one mile south of historic Leland, the property boasts five buildings encompassing 9,244 square feet on a 4.33-acre lot. Eighteen short-term rental units generate substantial revenue, supported by an average 4.8-star guest rating. The property includes 200 feet of private frontage across the road on North Lake Leelanau, offering breathtaking lake views and access to recreational activities such as kayak and paddleboard rentals (currently offered). The main lodge, a historic 1906 structure, serves as the innkeeper's residence, main office, and gift shop. The current operational period runs from mid-April to late October. This turnkey operation offers a rare combination of established profitability, stunning location, and significant potential for future growth. Detailed financial records and a comprehensive list of property and building improvements are available to qualified buyers upon request. The property's prime location and exceptional amenities make it an ideal investment for discerning buyers seeking a high-return, established business in a sought-after tourist destination. This is a truly unique opportunity to acquire a well-regarded and profitable hospitality business with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Leland
- County
- Leelanau
- State
- Michigan
- Longitude
- -85.768
- Latitude
- 45.0074
- CBSA code
- 45900
- CBSA name
- TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,647
$0.00
$0.00
$1,092,100
-
$0.00
$0.00
$2,184,200
