302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
302 River St
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$2,100,000

302 River St

4 Beds 7 Baths 5,233 Sq.Ft.

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 need to rebrand - with the restaurant and inn being so well established, just add some imagination to make it yours and bring it to the next level! Completely turnkey and includes real estate, business, inventory, furnishings, all licenses, and a ton of nostalgia. Zoned C-2. Under current zoning part of the building or all of the building could be converted to a private residence.

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Location

302 E River Street, Leland, MI 49654

Status

Sold
Robin Vilter

Robin Vilter

TITLE

Realtor®

Property Amenities

Interior
Fireplace Fireplace(s), Gas
Appliances Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Security System, Freezer, Exhaust Fan, Ceiling Fan, Smoke Alarms(s)
Flooring No
Total Bedrooms: 4
Half Bathrooms: 2
Full Bathrooms: 4
Other Interior Features Foyer Entrance, Pantry, Island Kitchen, Formal Dining Room, Beamed Ceilings
Area & Lot
Lot Area 0.61 Acres
Living area 5,233 Sq.Ft.
MLS® ID 1883727
Year Built 1902
School District Leland Public School District
Architecture Styles 2 Story, Other, Bed amp Breakfast
Type Residential
Status Sold
Exterior
Air conditioning Natural Gas
Heat type Forced Air, Baseboard
Water Source Private Well
Sewer Municipal
Other Exterior Features Vinyl, Sprinkler System, Deck, Multi-Level Decking, Patio, Handicap Access, Landscaped, Garden Area
Parking None
Lot Features Corner Lot
Roof Asphalt
Finance
Sales Price $2,100,000

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Whether you are an experienced investor or a first-time buyer, our team can help you in finding the property of your dreams. Please feel free to browse our website or let us guide you every step of the way by calling or e-mailing us to set up an appointment today.