5046 S West Bay Shore Suttons Bay, MI $ 3,700,000
5046 S West Bay Shore
$ 3,700,000
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5046 S West Bay Shore

Suttons Bay, MI, 49682
$ 3,700,000
Baths0.0 Sq 18,000

Monthly Estimate*

$ 24,591

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Studio

Commercial Property for sale in Suttons Bay, MI

for $3,700,000. This 18,000 square foot building was built in 1960 on a lot size of 4.3.

One of a kind fully-leased commercial and residential building with a beautifully built restaurant, multiple wine tasting rooms, retail and office spaces, and four successful airbnb rentals totaling over 18,000 square feet! With a full bar and (class C) liquor license, commercial kitchen, food and beverage store/market, indoor and outdoor seating for up to 300, and space for on-site brewery and event barn, the potential in this property is huge. No additional licensing is needed for a full brewpub operation with beer and wine takeout! Set on 4.3 acres with lengthy frontage on highly-traveled M-22, this building is just across the street from West Grand Traverse Bay including a popular public waterfront park and boat launch! There are beautiful bay views from many spots on the property, on the covered, 3-season, 1700+ square foot wrap around porch and in the building. The existing building is beautifully restored but also has value add potential, including a possible barn event space and two development parcels on the south side of the building - great possible brewery production building or additional residences. Ample parking, covered outdoor seating, and meticulous landscaping add to the phenomenal setting. Seller financing is a possibility - this property and opportunity are like no other in the Traverse City region!

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Commercial Active

Price

$ 3,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

4.3

Year Built

1960

Town/City

Suttons Bay

County/Region

Leelanau

MLS | Web ID

1920629

Features
General
Roof Asphalt
Zoning Office Retail Commercial Restaurant/Food
Sewer Private Septic
Construction Frame
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Interior
Basement Crawl Space Slab
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Exterior
Exterior Features Wood
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* Excluded Features
List By
Reo-Tcrandolph-233022

Broker

(231) 714-4787

Phone

Affordability Calculator

$24,591
Per Month
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0%
Monthly Principal & Interest
$24,591
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/30/2024$3,700,000 Listed Price

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5046 S West Bay Shore, Suttons Bay, MI, 49682 is a Commercial Property for sale at $3,700,000 with 18,000 sqft and a lot size of 4.3. 5046 S West Bay Shore is a studio with 0.0 baths and was built in 1960. The property's zip code is 49682 which is in Suttons Bay, MI