Active

5046 S West Bay Shore

Suttons Bay MI, 49682

$3,700,000


$205.56 per sqft

Active

18,000 sqft

Commercial

Built in 1960

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!

1920629

MLS ID

March 30, 2024

Listed

April 2, 2024

Updated

Map

5046 S West Bay Shore
Suttons Bay MI, 49682

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

4.3 Acres


Exterior Features

Wood


Roof

Asphalt


Sewer

Private Septic

School Information

School District

2

Other Property Details

Area Name

Leelanau


Days on Market

3


Garage

No


Parking

Parking Lot


View

No


County

Leelanau


Municipality

Bingham


Water Source

Private Well


Pool

No


Zoning

Office,Retail,Commercial,Restaurant/Food


Buyer Agency Compensation

2%

Listed by Blake Bernard with REO-TCRandolph-233022
Listing Contact: 231-946-4040 

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 4/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 4/2/2024 at 9:06 AM UTC

 

Powered byLuxury Presence