Restaurant Building with Upper-Level
104 W Main Street, Lake Leelanau, MI 49653
For Sale
$1,600,000
Existing FF&E and a Class C liquor license are included, subject to transfer approval.
Property Size6,294 SF
Price / SF$254.21
Days on Market53
Property Features for 104 W Main Street
General Information
Standard status
Size
Property subtype
Zoning
Restaurant
Patio
Equipment Included
Liquor License
Additional Details
Furnished
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Century 21 Northland
Listed By:
Sebastian Garbsch
(231) 929-7900
Source:
Centralmirealty
Added: Sep 18
Changed: Nov 7
Last Checked: Nov 8 at 5:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Northland
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Investment Insights
Based on property information with market context.
This 6,294-square-foot commercial building is configured for restaurant use, with multiple dining and event areas, an upper-level apartment, and an outdoor terrace. The sale includes furniture, fixtures, and equipment, as well as a Class C liquor license subject to applicable transfer approvals. The building dates to 1920, and the property is zoned Commercial. Other commercial uses may be considered subject to township approval.
At 104 W Main Street in Lake Leelanau, the property has access to Suttons Bay, Leland, area wineries, and destinations across the Leelanau Peninsula.
At 104 W Main Street in Lake Leelanau, the property has access to Suttons Bay, Leland, area wineries, and destinations across the Leelanau Peninsula.
Key Highlights
- 6,294‑square‑foot building configured for restaurant use
- Multiple dining and event areas, plus an outdoor terrace
- Upper‑level apartment
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
796
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Bunek True Value Hardware
Home Improvements & Furnishings
796 visits/mo
0.3 miles
Demographics for 49653, MI
2,020
Population
1,523
Households
1.3
Avg Household Size
54
Median Age
51%
College-Educated
99%
High-School Grad
27.8 sq mi
ZIP Area
73
Density / Sq Mi
$84,954
Median Household Income
$35,993
Median Earnings
$889
Median Rent
$532,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing FF&E and a Class C liquor license are included, subject to transfer approval.
Where is this conventional restaurant located?
The property is located at 104 W Main Street Lake Leelanau, MI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 6,294‑square‑foot building configured for restaurant use; Multiple dining and event areas, plus an outdoor terrace; Upper‑level apartment
