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Lake Leelanau, MI Multifamily Properties for Sale

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Versatile Income Property in Lake Leelanau
$429,000
5,320 SF

Versatile Income Property in Lake Leelanau

300 W Philip Street, Lake Leelanau, MI 49653

Commercial property with storage units and rental cottage near Lake.

  • Versatile commercial/income property with multiple income streams.
  • Fully rented self‑storage units provide immediate and consistent income.
  • 24 fully rented self‑storage units offer strong local demand.
  • Charming 2‑bedroom cottage offers additional income potential as a short‑term rental.
  • Cottage is approximately 900 sq ft with 2 bedrooms and 1 bath.
Updated: Apr 7
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Lake Leelanau Income Property
$429,000
900 SF

Lake Leelanau Income Property

300 W Philip St, Lake Leelanau, MI 49653

Versatile commercial property with storage units and rental cottage.

  • 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.
  • Versatile commercial/income property with multiple income streams.
  • Cottage is approximately 900 sq ft and suitable for short‑term or long‑term use.
Updated: Apr 11
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Leelanau, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI
$750,000
3,715 SF

Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI

Cedar Ridge Cabins – Turnkey 8-Unit Cabin Resort on Nearly 10 Acres with Expansion Potential in Honor, Michigan

11481 Main St, Honor, MI 49640
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Historic Mixed-Use Building in Traverse City
$1,400,000
3,250 SF

Historic Mixed-Use Building in Traverse City

Unique mixed-use property in prime Traverse City location.

601 Randolph Street, Traverse City, MI 49684
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Historic Mixed-Use Building For Sale
$1,400,000
3,464 SF

Historic Mixed-Use Building For Sale

Unique mixed-use property in prime location with business and residential.

601 Randolph Street, Traverse City, MI 49684
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Turnkey Cabin Resort Near Sleeping Bear
$750,000
5,000 SF

Turnkey Cabin Resort Near Sleeping Bear

Northern Michigan cabin resort with immediate income potential near Sleeping Bear.

11481 Main St, Honor, MI 49640
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Breathtaking Farmland Development Opportunity
$2,950,000
74.20 Acres

Breathtaking Farmland Development Opportunity

72 acres of high-elevation farmland with sweeping, multi-directional views.

Parcel C E Duck Lake Road, Suttons Bay, MI 49682
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Vista Green RV Resort Lot
$119,900
0.11 Acres

Vista Green RV Resort Lot

RV resort lot with concrete pad, coach house, and amenities.

6100 Larson Road, South Boardman, MI 49680
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RV Lot in Vista Green Resort
$62,500
0.07 Acres

RV Lot in Vista Green Resort

Premium RV lot with full hook-ups in resort community.

Lot 83 Green Acres Drive, South Boardman, MI 49680
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Vista Green RV Resort Lot
$62,500
0.07 Acres

Vista Green RV Resort Lot

Premium RV lot in Vista Green Resort with full hookups.

Lot 83 Green Park Dr, Vista Green RD, South Boardman, MI 49680
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Lake Leelanau, MI Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Lake Leelanau, MI on our real estate platform. These investment opportunities span a total of 10,454 square feet of properties for sale, with an estimated market value of $429,000.

Sale prices for multifamily properties in Lake Leelanau, MI start at $429,000, averaging $429,000, and reaching up to $429,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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