Retail

Lake Leelanau, MI Retail Properties & Spaces for Sale

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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
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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 11 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Leelanau, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

Leased Mixed-Use Condo Building
Leased Mixed-Use Condo Building

5046 South W Bay Shore Drive, Suttons Bay, MI 49682

$199,000
18,000 sqft 4.30 AC lot

Fully leased commercial and residential condo building on 4.3 acres.

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Retail Building with Farm Market
Retail Building with Farm Market

11184 N Mill Street, Northport, MI 49670

$499,000
1,900 sqft 7.88 AC lot

Existing farm market with private water, septic service, and a dedicated parking area.

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Commercial Land with Existing Building
Commercial Land with Existing Building

11184 N Mill Street, Northport, MI 49670

$499,000
7.88 AC lot

Buildable acreage includes an existing commercial building, well, septic system, and garden area near Northport.

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Self-Service Car Wash with 4 Bays
Self-Service Car Wash with 4 Bays

83 4th St, Suttons Bay, MI 49682

Contact for pricing
2,080 sqft 1.00 AC lot

Commercially zoned operation combines self-service and automated vehicle-cleaning facilities within an active business plaza.

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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.

Two-Lot Commercial Land
Two-Lot Commercial Land

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

$399,000
0.38 AC lot

Commercial land along US-31 in Traverse City, arranged as two separate lots for future development planning.

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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.

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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

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

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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.

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Off-Market Properties in Lake Leelanau, MI

Consider similar Off-Market properties in Lake Leelanau, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

7334 Duck Lake Rd
Individual retail properties

7334 Duck Lake Rd, Lake Leelanau, MI 49653

Estimated value: by Request
7,260 sqft 1.40 AC lot
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7334 Duck Lake Rd
Individual retail properties

7334 Duck Lake Rd, Lake Leelanau, MI 49653

Estimated value: by Request
7,200 sqft 1.40 AC lot
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Lake Leelanau, MI Retail Properties & Spaces Market Trends and Statistics

Explore 3 retail properties & spaces 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 stores 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

Storefront properties 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Lake Leelanau submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49653 $699K

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)

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