About This Home

This 0-bedroom, 0-bathroom commercial at 116 E Philips Street in Lake Leelanau, MI is listed for $699,000 ($255 per sqft). the home offers 2,740 sqft of living space on a 0.47 acres lot.

Key Features

  • 0.47 acre lot
Listing Description

Lake Leelanau Village: Charming single story building with multiple tenants. Great visibility, great access, great parking! C1 Zoning (the best). Here is an opportunity to own a sweet income property in Leelanau County and even make future expansion plans.

Subject to tenant's rights. Land division recently approved by road commission, MDOT and Leland Twp. (see associated documents). Creativity wins here. All listing information is deemed reliable, but not guaranteed and has been obtained from seller and/or third-party sources. Buyer and its agent to verify all details. For adjacent vacant parcel (009-024-041-00) see listing number 1949877

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

116 E Philips Street

Lake Leelanau, MI 49653

Features & Amenities

Exterior Features

Block

Property Details

Construction

Block Frame

Parking

Parking Lot

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 116 E Philips Street is listed at $699,000 ($255/sqft). The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.47 acre lot. Exterior Features: Block.

This property is listed by Thomas Alflen and can be reached at 2316496797.

TA

Thomas Alflen

Agent at EXIT Realty Paramount

(231) 649-6797

Listed by EXIT Realty Paramount · Broker phone: (231) 946-4404 · Broker website

MLS# 1949876· Source: Northern Great Lakes Realtors MLS· 53 days on PropertySimple

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

116 E Philips Street, Lake Leelanau, MI 49653

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