5046 S West Bay Shore Suttons Bay, MI 49682

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!

Property Information

Current Price$3,700,000.00
Sq. Ft.18,000 ft²
Lot Size4.3 acres

Details

Listing StatusActive
Year Built1,960

Financial Data

Current Price$3,700,000.00
Original Price$3,700,000.00

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Fred Schmidt
Broker
Michigan | Ohio | Florida | St Croix

    Additional Information

    CitySuttons Bay
    StateMI
    CountyLeelanau
    MLS ID1920629
    WaterfrontNo
    BrokerageREO-TCRandolph-233022
    521 Randolph St Traverse City MI 49684