407 S Main Street, Leland, MI 49654

$1,525,000
6,875
SqFt

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Sold Price
$1,525,000
List Price
$1,750,000

Property Description

Unique opportunity to own on the river! Prime 0.33 acre redevelopment property with almost 50' of river frontage in Downtown Leland. The L-shaped lot is well suited for residential redevelopment, and includes approximately 178' of frontage on S Main St/M-22. The existing building features approximately 6,875 SF of mixed-use space, including a restaurant/cafe up-front, office space in the middle, and a residential townhome on the river, which is currently being used as a short-term rental unit. With commercial zoning and existing income from leases, this property provides plenty of flexibility to a new owner. Don't miss this rare opportunity to own in Downtown Leland!

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Listing Courtesy of Coldwell Banker Schmidt Traver. 231-922-2350

Selling Office: LVR Realty, LLC.