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Historic Riverside Restaurant & Inn
For Sale
Contact for pricing
Pending

302 E River Street, Leland, MI 49654

Turnkey historic property with remodeled restaurant, four guest suites, offices, and riverfront deck with dock.

Days on Market113

Property Features for 302 E River Street

General Information

Standard status Pending
Property subtype Special Purpose
Zoning C-2

Additional Details

Furnished Yes
Business Included Yes
Liquor License Yes

Amenities

riverfront deck
west terrace
large dock

Building Details

Year Built 1902
Year Renovated 2019
Listing Agency: Coldwell Banker Commercial Schmidt, Realtors Leland
Listed By: Robin Vilter · License #MI
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Jul 31 at 3:35AM

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 Coldwell Banker Commercial Schmidt, Realtors Leland

Investment Insights

Based on property information with market context.

Welcome to the Riverside Inn, a historic property originally built in 1902 and completely remodeled and updated in 2019. The building includes restaurant space overlooking the river and a neighboring park, along with an upper level featuring four guest suites and an office. Outdoor amenities include a spacious riverfront deck, a west terrace, and a large dock.

The property is located on the corner of River Street and Chandler, with directions noting access from M22 by turning east onto River Street.

This is offered as a turnkey package that includes the real estate, business, inventory, furnishings, and licenses. The property is zoned C-2, supporting a mix of hospitality and dining uses consistent with the property’s existing configuration as a restaurant and B&B.

Key Highlights

  • Historic Riverside Inn built in 1902, located on the corner of River St and Chandler
  • Completely remodeled and updated in 2019 with new furnishings and fixtures throughout
  • Over 3,600 SF of restaurant space overlooking the river and neighboring park

Property Analytics

Current Use

The Riverside Inn Restaurant

Suggested Use

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

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

Turnkey business
Opportunity
Yes
Liquor license

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Falling Waters Lodge — 200 A Ave, Leland, MI 49654

Frequently Asked Questions

What type of property is this?
Bed & breakfast - Turnkey historic property with remodeled restaurant, four guest suites, offices, and riverfront deck with dock.
Where is this bed & breakfast located?
The property is located at 302 E River Street Leland, MI.
What are key features of this property?
This property features: Historic Riverside Inn built in 1902, located on the corner of River St and Chandler; Completely remodeled and updated in 2019 with new furnishings and fixtures throughout; Over 3,600 SF of restaurant space overlooking the river and neighboring park
More about this property
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