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$ 3,700,000
Est. payment /mo
Active
5046 S West Bay Shore Suttons Bay, MI 49682
18,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 18,000 sqft
Price per Sqft $205
Subdivision Mi
MLS Listing ID 80053208
Year Built 1960
Lot Size 4.300 Acres
Acres 4.3
Lot Dimensions irregular
Property Sub-Type Commercial/Industrial
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
Area Bingham Twp (45001)
Zoning Professional Office,Commercial
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Parking Features 100+ Spaces, Parking Lot
Roof Type Asphalt
Building
Foundation Crawl, Slab
Water Private Well
Structure Type Frame,Wood
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Commercial Loan,Conventional
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Listed by REO-TCRandolph-233022