300 W Philip Street, Lake Leelanau

$429,000

202 N. First St.
Leland, MI    49654

(415 ) 254-1622
info@manitou-life.com

Listing is courtesy of Schaub Team Premier Realty
231-674-5950

• Bedrooms: 2
• Bathrooms: 1
• Style: Cottage
• Condo: No
• Square Feet: 5,320
• Acres: 0.24
• School District: Leland Public School District
• Year Built: 2000
• Township: Leland
• County: Leelanau
• Basement: Block, Slab
• Garage: Gravel, None
• Interior: None, Ceiling Fan(s), High Speed Internet, WiFi
• Exterior: Rain Gutters
• Appliances: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Exhaust Fan
• Out Buildings: Other
• Heating/Cooling Source: Forced Air
• Heating/Cooling Type: Electric

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 access—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.