Say hello to an amazing and iconic investment opportunity in coveted Leelanau County, one mile south of historic Leland, Michigan. Boasting five buildings totaling 9,244 square ft, 18 short term rental units, 4-plus beautiful acres, world class lake views and 200 ft of across-the-road private frontage on North Lake Leelanau, this is a stunning property currently run as a profitable hotel with an average of 4.8 star reviews. The historic 1906 main lodge functions as an innkeeper's quarters and main office/gift shop. Kayak and paddle board rentals are offered at the lakefront. Please note that all 2025 bookings must be honored. The current operating schedule is mid April to late October. Detailed list of property and building improvements as well as financials are available upon request. Owner is a licensed real estate agent in the state of Michigan.

Leland is located in Michigan. Leland, Michigan has a population of 311. Leland is more family-centric than the surrounding county with 34.25% of the households containing married families with children. The county average for households married with children is 21.28%.
The median household income in Leland, Michigan is $61,571. The median household income for the surrounding county is $72,709 compared to the national median of $69,021. The median age of people living in Leland is 63.3 years.
The average high temperature in July is 77.9 degrees, with an average low temperature in January of 17.2 degrees. The average rainfall is approximately 30.5 inches per year, with 115.1 inches of snow per year.