104 W Main St - Restaurant FOR SALE


Lake Leelanau, MI 49653 | 
$1,600,000 USD
231-929-7900
104 W Main St, Lake Leelanau, MI for Sale
$1,600,000 USD
Restaurant - FOR SALE
1/59
null | Request Cap Rate

104 W Main St
Lake Leelanau, MI 49653


HIGHLIGHTS

  • Class C Liquor License - subject to transfer approval
  • Corner Lot
  • Upper level apartmant

OVERVIEW

Former home of Bella Fortuna and, more recently, Nittolo’s, this 6,294-square-foot commercial property offers a rare opportunity in the heart of Leelanau County. Currently configured for restaurant use, the building offers generous interior space, multiple dining and event areas, an upper-level apartment, and an inviting outdoor terrace. The sale includes existing furniture, fixtures, and equipment (FF&E), along with a Class C liquor license, subject to applicable transfer approvals. The size and layout offer flexibility for a new restaurant concept or other creative commercial uses, subject to township approval. Located in the heart of Lake Leelanau, with convenient access to Suttons Bay, Leland, area wineries, and the surrounding Leelanau Peninsula, this property offers strong appeal for both local operators and out-of-town investors looking for a distinctive opportunity in one of Northern Michigan’s most desirable destinations.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$254 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

Commercial

APN/PARCEL ID

009-770-304-00

ASK ABOUT THIS PROPERTY

Sebastian GarbschCENTURY 21 NorthlandMore Info
231-929-7900

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Sebastian GarbschCENTURY 21 NorthlandMore Info
231-929-7900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.