Improved Land for Sale in Suttons Bay, Michigan

5046 S West Bay Shr Suttons Bay, MI 49682

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$3,700,000
4.3 acres
Active sale agoEst $22,504/mo

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!

18,000
Sq feet
11
Full baths
1960
Built

Directions

S. West Bayshore Drive 9 miles north of Traverse City on the corner of Hilltop Road.

Location

Street Address
5046 S West Bay Shr
Elevation
604 feet
Coordinates
44.9066, -85.6329

Property details

Zoning
Office, Retail, Commercial, Restaurant/Food
MLS Number
TAAR 1926704
Date Posted

Resources

This 4.3-acre property is located at 5046 S West Bay Shr in Suttons Bay, MI 49682 with latitude 44.9066 and longitude -85.6329. The property is currently available for sale for $3,700,000. It has a 18,000 sq ft structure built in 1960. Listing data is sourced from Northern Great Lakes Realtors MLS # 1926704.

Verify sale details at the property source or contact Real Estate One at (231) 946-4040.

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Copyright (C) 2024 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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