Incredible opportunity to own on the river! Unique multi-unit property featuring approximately 6,875 SF in total on a 0.33 acre lot. The ~1,700 SF 2 bed/2bath townhouse has a history as a short-term rental, and features approximately 50' of frontage directly on the Leland River with room to dock your boat. The middle section of the building includes approximately 3,125 SF of office space between several suites. The front section, directly on the famous M-22, features a 2,050 SF restaurant space, which is currently home to local hotspot Trish's Dishes. The property itself offers a lot of flexibility and has great potential for redevelopment. With commercial zoning, this is the perfect opportunity to live on the river and generate some passive income from the other units. Don't miss out on this rare riverfront opportunity in Downtown Leland!
For sale
Price cut: $240K (8/5)
$1,750,000
407 S Main St, Leland, MI 49654
--beds
--baths
6,875sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$1,598,600 Zestimate®
$255/sqft
$-- HOA
What's special
Office spaceRestaurant space
- 60 days
- on Zillow |
- 1,857 |
- 65 |
Zillow last checked: 7 hours ago
Listing updated: August 07, 2025 at 11:09pm
Listed by:
Alex MacKenzie Cell:231-499-0529,
Coldwell Banker Schmidt Traver 231-922-2350
Source: NGLRMLS,MLS#: 1935122

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Forced Air, Natural Gas
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher
Features
- Other, Cable TV, High Speed Internet, WiFi
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 6,875
- Total interior livable area: 6,875 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: Two,One
- Stories: 2
- Patio & porch: Deck
- Exterior features: Other, Dock
- Waterfront features: River
- Body of water: Leland River
- Frontage length: 50
Lot
- Size: 0.33 Acres
- Dimensions: 50 x 128
Details
- Additional structures: None
- Parcel number: 009-730-200-00
- Zoning description: Residential,Multi-Family,Commercial,Other,Office,Rental History
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Wood Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Private
Community & HOA
Community
- Features: None
- Subdivision: N/A
Location
- Region: Leland
Financial & listing details
- Price per square foot: $255/sqft
- Price range: $1.8M - $1.8M
- Date on market: 6/13/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash,1031 Exchange
- Ownership type: Private Owner
- Lease term: Other
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