512 S Lake Shore Drive, Lake Leelanau, MI 49653

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List Price
$499,000
Days on Market
8
Status
ACTIVE
MLS#
1951814
Bathrooms
3
Living Area
2,056
Lot Size (Acres)
2.51
Style
Mobile - Single Wide, Ranch
Year Built
1900

Property Description

Explore the potential of this 2.51-acre property ideally located in Lake Leelanau, within walking distance of local restaurants, wineries, distillery, grocery store, school, and church. Zoned R-3 High Density Residential in Leland Township, this property offers an exciting opportunity for investors looking to expand their portfolio or explore future development possibilities. The property currently features three rental units, including one studio-style unit, along with two trailers, each offering 2 bedrooms and 1 bathroom. With its convenient location, existing rental accommodations, and generous acreage, this property offers plenty of potential to generate income, enhance the existing rentals, or investigate future development opportunities. A rare opportunity to invest in the heart of desirable Lake Leelanau! The property has access off both S Lake Shore Drive and St. Joseph Street.

Additional Information

Building Name
N/A
Taxes
$2,656
Stories
1
Interior Features
None, Cable TV, High Speed Internet, WiFi
Amenities
None
Exterior Features
None
Heating
Forced Air, Natural Gas
Cooling
Ductless
Water
Private
Sewer
Private Sewer
School District
Leland Public School District
Elementary School
Leland Public School
Middle School
Leland Public School
High School
Leland Public School

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Calculator source: Real Geeks

Listing Courtesy of Schaub Team Premier Realty. 231-674-5950