Views - Seller Financing
Address
5046 S West Bay Shore, Suttons Bay, MI
Price
$ 3,700,000
Property Attributes
  • MLS#1920629
  • TypeCommercial
  • CountyLEELANAU
  • CitySuttons Bay
  • AreaLeelanau
  • NeighborhoodBingham
  • Zip49682
  • StyleMixed Use
  • Price$ 3,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18000
  • Lot Size4.3 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
Property Description

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!

Price History
3/30/2024 Listed $3,700,000

General Features

Roof Asphalt
Zoning Office,Retail,Commercial,Restaurant/Food
Sewer Private Septic
Construction Frame

Interior Features

Basement Crawl Space,Slab

Exterior Features

Exterior Features Wood

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 49682

Price
AVG $1.26M
$3.7M
Visits
AVG 42
60
Data Provided by Inside Real Estate®
Year Built
AVG 1965
1960

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