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Riverfront Land with Buildable Parcels
For Sale
$5,000,000

204 S Chandler Street, Leland, MI 49654

LAND - Leland, MI

Property SizeContact for details
Lot Size1.31 Acres
Days on Market92

Property Features for 204 S Chandler Street

General Information

Property type Land
Property subtype Other
Zoning Residential,Commercial,Sp
Zoning description Residential, Commercial, Splits Available
Exterior features Garage(s)
Lot features Level, Sloping, Hardwoods, Cleared, Level, Sloping, Hardwoods, Cleared
Elementary school district Leland Public School District
Middle school district Leland Public School District
High school district Leland Public School District
Directions from Main Street turn southeast onto River St and then south onto S Chandler St
Subdivision Leelanau
Standard status Active
Lot size 1.31 Acres

Taxes and HOA fees

Tax Description Long Legal - See docs
Legal Description Long Legal - See docs

Utilities

Water source Private
Water front 1
Listing Agency: Berkshire Hathaway Homeservices - TC
Listed By: Jonathan Crane · License #6501400690
Added: May 23 Changed: Aug 4 Last Checked: Aug 22 at 9:06AM
MLS# 1945619

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.

Offered for sale are two adjoining parcels in downtown Leland, each buildable and presented together for a combined total of approximately 1.31 acres. Together, the parcels provide approximately 343 feet of combined river frontage along the Leland River. An existing home and garage are on-site, with the option to remodel or remove them to support a custom estate or other development plan. The property includes an existing well and municipal sewer.

The location provides direct access by boat to North Lake Leelanau. The remarks also note immediate access to shops, dining, and summer activity along Main Street, along with a short walk to the beach. The property is positioned to support a range of uses given the available zoning designations.

Zoning is listed as Residential, Commercial, and Sp, allowing buyers to consider either continuing use as residential lots or pursuing a commercial direction for future business endeavors. This is a good fit for buyers looking for a riverfront development site with existing improvements and utilities, or for those seeking an estate-sized parcel in downtown Leland with meaningful waterfront frontage.

Key Highlights

  • Two adjoining parcels offered together or individually: 0.99 +/− acres and 0.32 +/− acres
  • Approximately 343' of combined river frontage on the Leland River
  • Existing home and garage on‑site, available to remodel or remove

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Catering Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

169
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Two adjoining parcels with substantial river frontage and existing utilities for residential or commercial use.
Where is this waterfront land located?
The property is located at 204 S Chandler Street Leland, MI.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Two adjoining parcels offered together or individually: 0.99 +/− acres and 0.32 +/− acres; Approximately 343' of combined river frontage on the Leland River; Existing home and garage on‑site, available to remodel or remove
More about this property
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