Homes for sale - 5046 S West Bay Shore, Suttons Bay, MI 49682

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Stacy Allman

stacy@mipropertiesnorth.com +1(231) 944-5296

Listed by Blake Bernard • REO-TCRandolph-233022

$ 3,700,000

Est. payment | -/mo

18,000 SqFt

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$ 3,700,000

Est. payment | -/mo

Save Virtual Tour

18,000 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 18,000 sqft

Price per Sqft $205

Subdivision Mi

MLS Listing ID 1929799

Year Built 1960

Lot Size 4.300 Acres

Acres 4.3

Lot Dimensions irregular

Property Sub-Type Mixed Use

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!

Location

State MI

County Leelanau

Zoning Office,Retail,Commercial,Restaurant/Food

Rooms

Basement Crawl Space, Slab

Interior

Heating Forced Air, Central Air

Cooling Forced Air, Central Air

Exterior

Exterior Feature Wood

Roof Type Asphalt

Present Use Restaurant/Food Service,Office Building,Retail Store,Recreational/Resort,Bar

Road Frontage Public Maintained

Total Parking Spaces 100

Building

Sewer Private Septic

Water Private Well

Others

Tax ID 001-767-001 thru 006-00

Ownership Private Owner

Acceptable Financing Conventional Mortgage, Commercial Loan, Cash, Owner Assist (L/C)

Listing Terms Conventional Mortgage, Commercial Loan, Cash, Owner Assist (L/C)

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Stacy Allman

Broker/Owner | Lic# 6502433438

stacy@mipropertiesnorth.com

+1(231) 944-5296

108 E Main St Kinglsey MI 49649

5046 S West Bay Shore Suttons Bay, MI 49682

Stacy Allman

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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5046 S West Bay Shore