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Lake Leelanau, MI Office Buildings for Sale

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Traverse City, MI Cedar, MI Suttons Bay, MI Maple City, MI Leland, MI Empire, MI
Single-Story Office Building
Updated: Aug 27
Single-Story Office Building

116 E Philips Street, Lake Leelanau, MI 49653

$699,000
2,740 sqft 0.47 AC lot
2,740‑square‑foot single‑story office building
0.47‑acre site in Lake Leelanau
Multiple‑tenant configuration
C1 zoning
On‑site parking lot
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

Opportunities in Nearby Cities

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

Two-Story Medical Office Building
Two-Story Medical Office Building

N 5015 N Royal Drive Unit SourceFi, Traverse City, MI 49684

Contact for pricing
8,098 sqft

Established healthcare setting with professional workspace on Traverse City’s west side.

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Downtown Office Building and Parking Lot
Downtown Office Building and Parking Lot

W 116 W Front Street Unit SourceFi, Traverse City, MI 49684

$4,800,000
28,928 sqft

Office building with dedicated parking lot across Front Street in downtown Traverse City.

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Class A Office Building
Class A Office Building

607 Randolph Street, Traverse City, MI 49684

$502,230
1,768 sqft

Class A office building constructed in 2015, zoned Commercial C-2 and fully leased with an initial term ending March 2026.

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Office Building For Sale
Office Building For Sale

5123 N Royal Dr, Traverse City, MI 49684

Contact for pricing
11,486 sqft

Office building offered for sale, totaling 11,486 SF of office space.

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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.

Commercial Development Land Parcel
Commercial Development Land Parcel

1026-1028 E Front Street, Traverse City, MI 49686

$399,000
0.38 AC lot

Zoned commercial parcel with two separate lots, positioned along a major east-west corridor for flexible development planning.

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Commercial Land with Existing Office
Commercial Land with Existing Office

1040 E Front Street, Traverse City, MI 49686

$1,148,000
1,864 sqft 0.63 AC lot

0.63-acre parcel with three lots, including an existing office building and two vacant lots on US-31.

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Commercial Land with Existing Office Building
Commercial Land with Existing Office Building

1040 E Front Street, Traverse City, MI 49686

$1,148,000
0.63 AC lot

Three-lot commercial parcel with an existing office building, positioned on US-31 for flexible development planning.

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Retail Space with Parking Lot
Retail Space with Parking Lot

1054-1060 E Front Street, Traverse City, MI 49686

$2,650,000
3,726 sqft 1.24 AC lot

C-3 Community Center District zoning supports a range of allowable uses and commercial configurations.

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Lake Leelanau, MI Office Buildings Market Trends and Statistics

Explore 1 office buildings for sale in Lake Leelanau, MI on our real estate platform. These investment opportunities span a total of 2,740 square feet of properties for sale, with an estimated market value of $699,000.

Sale prices for office properties in Lake Leelanau, MI average $699,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 1

Demographics Overview

Population 1,813
Population Growth (5Y) -10.2%
Median Household Income $84,954
College Educated 74.3%

Taxes & Financing

Tax Rate (average for all types) 2.01%
Tax Rate vs County Average 0.24 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Leelanau County

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