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Hotel Property With Lake Views
New
For Sale
$4,200,000

1757 N Manitou Trail, Leland, MI 49654

COMMERCIAL - Leland, MI

Property Size9,244 SF
Lot Size4.33 Acres
Price / SF$454.35
Days on Market4

Property Features for 1757 N Manitou Trail

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential, Commercial, Motel/Hotel
Bathrooms 20
Full bathrooms 20
Rooms Bathroom 3, Bathroom 13, Bathroom 11, Bathroom 14, Bathroom 6, Bathroom 20, Bathroom 1, Bathroom 16, Bathroom 15, Bathroom 8, Bathroom 2, Bathroom 17, Bathroom 10, Bathroom 19, Bathroom 9, Bathroom 12, Bathroom 4, Bathroom 18, Bathroom 7, Bathroom 5
Parking 28
Parking features Assigned
Exterior features Wood, Shingle
Directions From Suttons Bay go west on M-204, N on M-22 to location on left 1 mile south of town of Leland.
Subdivision Leelanau
Standard status Active
Size 9,244 SF
Lot size 4.33 Acres

Taxes and HOA fees

Tax Description Lengthy Legal See Survey
Legal Description Lengthy Legal See Survey

Utilities

Water source Private
Water front 1

Building Details

Building materials Frame
Roof type Asphalt, Membrane
Listing Agency: Key Realty One-TC
Listed By: Drew Warner
Added: Aug 6 Changed: Aug 9 Last Checked: Aug 9 at 6:06PM
MLS# 1948995

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This hotel property includes five buildings with a combined 9,244 square feet and 18 short-term rental units on 4.33 acres. The 1906 main lodge provides innkeeper quarters, a primary office, and a gift shop. Frame construction, wood and shingle exterior elements, membrane and asphalt roofing, assigned parking, and a private water source are also included in the property improvements.

The property is located at 1757 N Manitou Trail in Leland, Michigan, with views of North Lake Leelanau and 200 feet of private frontage situated across the road from the lake. Kayak and paddle board rentals are offered at the lakefront. Current hotel operations run from mid-April through late October, while the property has also operated throughout the year in the past.

Key Highlights

  • Five‑building hotel property totaling 9,244 square feet
  • 18 short‑term rental units across the property
  • 4.33‑acre site in Leland, Michigan

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 49654, MI

689
Population
675
Households
1
Avg Household Size
56
Median Age
61%
College-Educated
100%
High-School Grad
11.7 sq mi
ZIP Area
59
Density / Sq Mi
$119,107
Median Household Income
$33,958
Median Earnings
$691,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Hospitality property comprising multiple buildings and short-term lodging units near North Lake Leelanau.
Where is this hotel located?
The property is located at 1757 N Manitou Trail Leland, MI.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Five‑building hotel property totaling 9,244 square feet; 18 short‑term rental units across the property; 4.33‑acre site in Leland, Michigan
More about this property
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