Advertise
    Lake Leelanau, MI
    Restaurants

    Lake Leelanau, MI Restaurants for Sale

    Notify Me
    List
    Map
    Traverse City, MI Cedar, MI Suttons Bay, MI Maple City, MI Leland, MI Empire, MI Lake Ann, MI
    Multi-Tenant Storefront Building
    Updated: Aug 27
    Multi-Tenant Storefront Building

    116 E Philip St, Lake Leelanau, MI 49653

    $699,000
    2,740 sqft
    2,740‑square‑foot single‑story storefront building
    Multiple‑tenant configuration
    C1 zoning
    116 E Philip St, Lake Leelanau, MI
    Land division approved by the road commission, MDOT, and Leland Township
    View details
    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.

    Restored Victorian Bed & Breakfast
    Restored Victorian Bed & Breakfast

    18599 Mission Road, Traverse City, MI 49686

    $4,260,000
    5,644 sqft 10.86 AC lot

    Guest accommodations pair dining areas with a commercial kitchen and covered porch.

    View details
    Commercial Land with Existing Car Wash
    Commercial Land with Existing Car Wash

    4220 E M 72, Williamsburg, MI 49690

    $795,000
    1,330 sqft 1.59 AC lot

    Commercially zoned parcel with an operating-style car wash improvement, paved parking, and access near major regional routes.

    View details
    Victorian Hotel with Lake Michigan Views
    Victorian Hotel with Lake Michigan Views

    18599 Mission Road, Traverse City, MI 49686

    $4,260,000
    10.00 AC lot

    Historic Victorian hotel on about 10 acres with 13 guest rooms, commercial kitchen, and a cafe open to the public.

    View details
    Scandinavian-Inspired Resort and Event Center
    Scandinavian-Inspired Resort and Event Center

    5961 E Oslo Street, Williamsburg, MI 49690

    $12,900,000
    1,780 sqft 18.16 AC lot

    Resort campus with cottages, hospitality facilities, event space, and approved mixed-use expansion capacity near Grand Traverse Bay.

    View details

    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 Land Parcel
    Commercial Land Parcel

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

    $399,000
    0.38 AC lot

    Two separate lots create a commercial site along a major regional east-west corridor.

    View details
    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

    Three-lot parcel combines vacant land with an existing office building and on-site parking.

    View details
    Commercial Land with Office Building
    Commercial Land with Office Building

    1040 E Front Street, Traverse City, MI 49686

    $1,148,000
    0.63 AC lot

    Three-lot commercial offering with office zoning and an existing office improvement.

    View details
    Retail Space with Parking Lot
    Retail Space with Parking Lot

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

    $2,250,000
    3,726 sqft 1.24 AC lot

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

    View details

    Lake Leelanau, MI Restaurants Market Trends and Statistics

    Explore 1 restaurants 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 restaurant 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Coffee shops 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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Restaurants for Sale Near Lake Leelanau, MI

    Popular Searches in Lake Leelanau, MI

    Popular Categories

    Most Searched ZIP Codes in Lake Leelanau, MI

    • 49653

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!