1757 N Manitou Trl Leland, MI 49654

Property Details for 1757 N Manitou Trl

Lot size

5.36 lot acres

Property type

Commercial real estate

APN

009-016-052-00

APU

901605200

Description

This exceptional investment opportunity presents a profitable, established hotel in desirable Leelanau County, Michigan. Situated just one mile south of historic Leland, the property boasts five buildings encompassing 9,244 square feet on a 4.33-acre lot. Eighteen short-term rental units generate substantial revenue, supported by an average 4.8-star guest rating. The property includes 200 feet of private frontage across the road on North Lake Leelanau, offering breathtaking lake views and access to recreational activities such as kayak and paddleboard rentals (currently offered). The main lodge, a historic 1906 structure, serves as the innkeeper's residence, main office, and gift shop. The current operational period runs from mid-April to late October. This turnkey operation offers a rare combination of established profitability, stunning location, and significant potential for future growth. Detailed financial records and a comprehensive list of property and building improvements are available to qualified buyers upon request. The property's prime location and exceptional amenities make it an ideal investment for discerning buyers seeking a high-return, established business in a sought-after tourist destination. This is a truly unique opportunity to acquire a well-regarded and profitable hospitality business with significant upside potential.

Location Insight

City

Leland

County

Leelanau

State

Michigan

Longitude

-85.768

Latitude

45.0074

CBSA code

45900

CBSA name

TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments