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300 W Philip St Lake Leelanau, MI 49653

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For Sale
$429,000

Versatile commercial property with storage units and rental cottage.

Type:Commercial
Property size:
900 SF
Added:
Apr 11, 2026
Days on Market:
5
Last Refresh:
Apr 11 at 6:18 am

Property Features for 300 W Philip St

General Information

Standard status
Active
Size
900 SF
Property subtype
Commercial

Building Details

Year Built
2000

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Listing Contact
Roger P Schaub
Roger P Schaub

Listing agent Roger P Schaub License #6501304308

Listing office Schaub Team Premier Realty

Listing date Apr 11, 2026

Source Elliman

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 Schaub Team Premier Realty


Overview

Lake Leelanau Income Property

This Lake Leelanau property presents a unique investment opportunity, featuring 24 fully rented self-storage units and a 2-bedroom, 1-bath cottage offering approximately 900 sq ft. The cottage is currently utilized as a short-term rental. The property is ideally located near the Narrows of Lake Leelanau, with close proximity to restaurants, wineries, and nearby lake access. The location makes it an attractive option for both visitors and long-term use. With all storage units fully occupied, this property offers immediate and consistent income, along with additional revenue potential from the cottage. The property is positioned in a desirable Lake Leelanau location. The square footage includes both the storage units and the cottage. The year built is approximate for the storage units; the house was relocated to the property and its exact age is unknown. The bike score is 49, indicating it is somewhat bikeable, and the walk score is 37, indicating car-dependent accessibility.
Location Intelligence

Current Use by Public Records

Lake Leelanau Self ... Storage Facility

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Gym & Fitness Center Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lake Leelanau
County
Leelanau
State
Michigan
Longitude
-85.717455
Latitude
44.981056

FAQs

What type of property is this?
Self storage facility - Versatile commercial property with storage units and rental cottage.
Where is this self storage facility located?
The property is located at 300 W Philip St Lake Leelanau, MI.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Immediate and consistent income from 24 fully rented self‑storage units.; Additional income potential from a charming 2‑bedroom, 1‑bath cottage currently used as a short‑term rental.; Desirable Lake Leelanau location near the Narrows, restaurants, wineries, and lake access.
More about this property
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