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    Lake Leelanau, MI
    Storefront

    Lake Leelanau, MI Storefront Properties for Sale

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    Traverse City, MI Cedar, MI Suttons Bay, MI Maple City, MI Leland, MI Empire, 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.

    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.

    View details
    Historic Mixed-Use Building
    Historic Mixed-Use Building

    601 Randolph Street, Traverse City, MI 49684

    $1,400,000
    3,250 sqft 0.06 AC lot

    Standalone brick property combines commercial space with two one-bedroom apartments.

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    Storefront with Large Windows
    Storefront with Large Windows

    106 W Nagonaba Street, Northport, MI 49670

    Contact for pricing

    Visible retail setting with large display windows, rear employee parking, walking traffic, and Village sewer and water.

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    Retail Property with Apartment
    Retail Property with Apartment

    6375 Traverse Highway, Traverse City, MI 49684

    $949,900
    4,608 sqft 1.07 AC lot

    Commercial building with retail, service, parts, warranty, and residential components on a sizable commercial parcel.

    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.

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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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    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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    Commercial Land with Utilities
    Commercial Land with Utilities

    V/L Zimmerman Road, Traverse City, MI 49685

    $145,000
    1.48 AC lot

    Commercially zoned land with municipal water and sewer available at the site.

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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

    Value Estimation by Request
    7,260 sqft 1.40 AC lot
    View details
    7334 Duck Lake Rd
    Individual retail properties

    7334 Duck Lake Rd, Lake Leelanau, MI 49653

    Value Estimation by Request
    7,200 sqft 1.40 AC lot
    View details

    Lake Leelanau, MI Storefront Properties Market Trends and Statistics

    Explore 3 storefront properties 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 retail units 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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    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)

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