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Rita Rathburn

231-409-3035
  • MLS® #: 1858506
  • 110 N Lake Street

  • Leland, Michigan 49654
  • $749,000
  • 2 Bath, 4752 SQ. Feet, 0.23 Acres
  • Commercial

Harbor Square retail shops are situated in a superior Leland location opposite the harbor, Lake Michigan and historic Fishtown. Consisting of two identical buildings with an aggregate walkway between them, there are a total of 5 retails shops all of which are rented to tenants. Each retailer has lockable dry basement storage of equal size to their retail area. Each building has a central hallway with a bathroom that provides each retailer access to their shop from the back of the building and to the basement stairway. Interior walls and electric were designed to allow for expansion or contraction. The original blueprints show 8 spaces, 4 in each building. A private well serves the property and the buildings are connected to the municipal sewer. Tenant pays for water, sewer, gas electric, heating, A/C, janitorial, trash, yard maintenance, landscaping, flowers, exterior lighting, snow removal. The landlord/owner maintains common areas outside the building such a walkways and yard. A property management fee is paid to Schmidt-Rogers. Property taxes are paid by the landlord/owner. The landscape walkway between the buildings leads from Main St (next to the bookstore) through to the Harbor Square shops to the marina beyond. This pedestrian friendly retail plaza has been under one ownership since it was constructed. It is zoned C-1 Village Commercial. Total square footage is approximate, see blueprints.

Essential Information

  • MLS® #1858506
  • Price$749,000
  • Bathrooms2.00
  • Square Footage4,752
  • Acres0.23
  • Year Built1988
  • TypeCommercial
  • StatusActive

Sub-Type

Retail/Commercial, Commercial Sale

Community Information

  • Address110 N Lake Street
  • SubdivisionHarbor Square
  • CityLeland
  • TownshipLeland
  • CountyLeelanau
  • StateMichigan
  • Zip Code49654

Amenities

  • FeaturesSprinkler System
  • ParkingStreet Parking

Utilities

WATER: Private Well SEWER: Municipal

Interior

  • Has BasementYes

Heating

Propane Gas, Forced Air, Central Air

Basement

Full, Block, Entrance Inside, Unfinished

Exterior

  • Exterior FeaturesVinyl
  • Lot Description100 x 100
  • RoofAsphalt
  • ConstructionFrame

Additional Information

  • Days on Market55
  • ZoningCommercial
  • Ownership TypePrivate Owner
  • OfficeColdwell Banker Schmidt-Leland
  • Office Address208 N Main Street

Property Location

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.