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$429,000
19 Days On Site

300 W Philip Street
Leland Township, MI 49653

For Sale|Single Family Residence|Pending
2
Beds
1
Total Bath
1
Full Bath
5,320
SqFt
$81
/SqFt
2000
Built
County:
Leelanau
Call Now: 810-923-9505
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810-923-9505
300 W Philip Street300 W Philip Street300 W Philip Street300 W Philip Street
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Monthly Payment (Est.)

$1,957
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Unique investment opportunity in Lake Leelanau to own a versatile commercial/income property featuring 24 fully rented self-storage units and a charming 2-bedroom, 1-bath cottage offering approximately 480 sq ft. The cottage is currently utilized as a short-term rental and is ideally located near the Narrows of Lake Leelanau, with close proximity to restaurants, wineries, and nearby lake access-making it an attractive option for both visitors and long-term use. With all storage units fully occupied, this property offers immediate and consistent income, along with additional revenue potential from the cottage. Ideally positioned in a desirable Lake Leelanau location, this is a unique opportunity to invest in a property with multiple income streams and strong local demand. Square footage includes both the storage units and the cottage. Year built is approximate for the storage units; the house was relocated to the property and its exact age is unknown.

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Listing Snapshot
Price 
$429,000
Days On Site 
19 Days
Bedrooms 
2
Inside Area (SqFt) 
5,320 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.24 Acres
Year Built 
2000
MLS® Number 
78080066677
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
23 hours agoListing updated with changes from the MLS®
yesterdayStatus changed to Pending
3 weeks agoListing first seen on site
General Features
Acres 
0.24
Foundation 
BlockSlab
Levels 
One
Property Sub Type 
Single Family Residence
Sewer 
Septic TankShared Septic
Special Circumstances 
Standard
SqFt Above 
5320
Style 
CottageRanch
Water Source 
PrivateWell
Zoning 
Commercial
Interior Features
Appliances 
DryerMicrowaveOvenRefrigeratorRangeWasher
Basement 
Block
Cooling 
Ceiling Fan(s)Exhaust Fan
Heating 
ElectricForced Air
BathFull 
Bedroom 1 
Dimensions - 12.0 x 9.0Level - Main
Bedroom 2 
Dimensions - 13.0 x 7.0Level - Main
Kitchen 
Dimensions - 9.0 x 8.0Level - Main
Laundry 
Level - Main
Living Room 
Dimensions - 11.0 x 11.0Level - Main
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Exterior Features
Construction Details 
Shingle Siding
Lot Features 
Cleared
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area45021LelandTwp
School District 
Leland
Schools
School District
Leland
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Schaub Team Premier Realty: (231) 883-4644



IDX provided courtesy of Realcomp II Ltd. via AspireNorthREALTORS. Copyright © 2026 Realcomp II Ltd. Shareholders.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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