Active
5046 S West Bay Shore
Suttons Bay MI, 49682
$3,700,000
$205.56 per sqft
Active
11 Baths
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!
1926704
MLSⓇ ID
September 2, 2024
Listed
November 22, 2024
Updated
Map
5046 S West Bay Shore
Suttons Bay MI, 49682
Interior Features
Total Bathrooms
11
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
4.3 Acres
Lot Features
Corner Lot, Freestanding
Roof
Asphalt
Sewer
Private Sewer
Other Property Details
Days on Market
3
Association Fee Frequency
Yearly
Garage
No
Parking
Parking Lot
Parking Total
100
View
No
County
Leelanau
Municipality
Bingham
Water Source
Private
Pool
No
Listed by with REO-TCRandolph-233022
Listing Contact:
The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 11/22/2024. 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.
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Data last updated on 11/22/2024 at 11:19 AM UTC