Leland, MI 49654,302 E River Street
$2,100,000
$2,125,000
1.2%
Est.Price: ?

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4 BD
7 BA
5,322 SqFt

302 E River Street Leland, MI 49654

Est. payment /mo
SOLD DATE : 06/17/2021

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Key Details

Sold Price $2,100,000

Property Type Single Family Home

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 5,322 sqft

Price per Sqft $394

MLS Listing ID 78001204396

Sold Date 06/17/21

Style Other

Bedrooms 4

Full Baths 6

Half Baths 2

HOA Y/N no

Originating Board Aspire North REALTORS®

Year Built 1902

Annual Tax Amount $12,265

Lot Size 0.610 Acres

Acres 0.61

Lot Dimensions 88x60x107x50x200

Property Description

Welcome to the Riverside Inn! This is a rare opportunity to own one of the most iconic businesses in Leelanau. Originally built in 1902, this historic restaurant and B&B has been completely remodeled and updated in 2019 with all new furnishings and fixtures throughout. The building consists of over 3600 square feet of restaurant space overlooking the river and neighboring park, 1700 square foot upper level with 4 exquisite guests suites and office, spacious riverfront deck, the west terrace, and large dock. “The Riv† truly is part of the fabric of the community with families returning to dine for generations. Currently operating as a chic, fine dining restaurant and B&B - the waterfront property offers so much more potential. Use the existing 2nd bar license to add a waterfront beer garden? Kayak rentals on the large dock? Catering? Potential retail revenue from sales of bakery items or other epicurean delights? All day charcuterie? Food and beverage dockside "to-go"? No ne

Location

State MI

County Leelanau

Area Leland Twp

Rooms

Kitchen Dishwasher, Dryer, Freezer, Microwave, Oven, Range/Stove, Refrigerator, Washer

Interior

Interior Features Water Softener (owned), Other, Security Alarm

Heating Baseboard, Forced Air

Cooling Ceiling Fan(s)

Fireplaces Type Gas

Fireplace yes

Appliance Dishwasher, Dryer, Freezer, Microwave, Oven, Range/Stove, Refrigerator, Washer

Heat Source Natural Gas

Exterior

Waterfront Description River Front,Water Front

Water Access Desc Dock Facilities

Porch Deck, Patio

Garage no

Building

Lot Description Corner Lot, Water View, Sprinkler(s)

Sewer Shared Septic (Common)

Water Well (Existing)

Architectural Style Other

Level or Stories 2 Story

Structure Type Vinyl

Schools

School District Leland

Others

Tax ID 00900901210

Ownership Corporate/Relocation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Robin Vilter of Coldwell Banker Schmidt-Leland
Bought with Coldwell Banker Schmidt-Leland

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David Elwood

Broker Associate | License ID: 6506045662

+1(248) 568-5958

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