Unique investment opportunity in Lake Leelanau to own a versatile commercial/income property featuring 24 fully rented self-storage units and a charming 2-bedroom, 1-bath cottage offering approximately 900 sq ft. The cottage is currently utilized as a short-term rental and is ideally located near the Narrows of Lake Leelanau, with close proximity to restaurants, wineries, and nearby lake accessâ??making it an attractive option for both visitors and long-term use. With all storage units fully occupied, this property offers immediate and consistent income, along with additional revenue potential from the cottage. Ideally positioned in a desirable Lake Leelanau location, this is a unique opportunity to invest in a property with multiple income streams and strong local demand. Square footage includes both the storage units and the cottage. Year built is approximate for the storage units; the house was relocated to the property and its exact age is unknown.
Listed By
Agency Name: Schaub Team Premier Realty
Agency Phone: 231-674-5950
Shown By
Agent Name: Tina Dykes
Agent Phone: (734) 915-9341
Agency Title: Key Realty
Estimated Payment
$ 2,524.83 per month $2,399.70 Principal & Interest $0.00 Property Tax (data not provided by mls) $125.13 Homeowner's Insurance
300 Philip Street W | MLS# 1943541
This single family home located at 300 Philip Street W, Lake Leelanau, MI 49653 is currently listed for sale with an asking price of $429,000. This property was built in 2000 and has 2 bedrooms with 5320 sq. ft. Philip Street W is located in the MI subdivision within the Leland Public School District school district. Search MI real estate on tinadykes.ikeyrealty.com today.