LAKE LEELANAU rent to own home - a commercial property ( beds, baths)

New Lake Leelanau retail/office building with attractive design and high ceilings. Good visibility from E. Duck Lake Rd. (M-204) and centra to all of Leelanau County. C-2 commercial zoning allows for a variety of uses. Well, septic, electric panel, and plumbing for up to four restrooms in place and gas is run to the building. An overhead door on the north side could lead to an outdoor sales or seating area and an overhead door could be added to south side. The building is designed to easily separate into two spaces. Seller would leaseback south portion with up to a 5 year lease or sell as individual condo units. Plans are available to expand the building if more space is needed. Seller will escrow funds to complete driveway and parking paving. All or portion of the building also available to lease.This rent to own home is a commercial property located in LAKE LEELANAU. It offers 1.52 acres in size, beds and baths. Review its detailed information and determine if this LAKE LEELANAU rent to own has the qualities you are looking for.

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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Property Brokerage: Three West, LLC , 1131 E. Eighth Street, Traverse City, MI49686
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