110 N Lake Street
Leland, MI 49654

Description

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.

Details

MLS#1858506
StyleRetail
Sub-TypeResale
StatusActive
Year1988
Days On Site112

Features

SQ Feet4,752
Story(s)1
ZoningCommercial

Market Activity 49654

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Area Information

StateMI
CountyLeelanau
CityLeland
Zip Code49654
AreaLeelanau
Listing VS Median (in 49654)
Price:
$749,000
low | high
Med:
$424,500
93.324432576769% of Average
SqFt:
4,752
low | high
Med:
0
100% of Average
$ / SqFt:
$158
low | high
Med:
$0
100% of Average
On Site:
112
low | high
Med:
186.5
60.053619302949% of Average
Listing Updated: 07/16/2019
MLS Number: 1858506
Listing Provided By:
Mitchell 749000  of  Coldwell Banker Schmidt-Leland
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