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5046 West Bay Shore, Suttons Bay, MI

Price: $3,700,000.00
Square Ft.: 18000
Price/SQFT: $205.56

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!

Basic Information

MLS ID: 1929799
City: Suttons Bay
State: MI
ZIP: 49682
Area: Leelanau
Acres: 4.3
Square Feet: 18000

Additional Information

  • Basement: Crawl Space Location: Corner Lot,Freestanding
  • Business Included: Food & Beverage,Professional/Office,Retail,Recreation,Bar/Tavern/Lounge
  • Lot:
  • Business Name: 22 Vines LLC
  • Property Status: Active
  • Construction: Frame,Wood Siding
  • Documents: Legal Description
  • Zoning: Office,Retail,Commercial,Restaurant/Food
  • Possession: Close Of Escrow,Subject To Tenant Rights
  • Dimensions:
  • For Sale Or Lease: Commercial Sale
  • Directions: S. West Bayshore Drive 9 miles north of Traverse City on the corner of Hilltop Road.
  • Road Frontage:
  • Days On Market: 13
  • Roofing: Asphalt
  • Days On MLS: 414
  • Township: Bingham
  • Financing:
  • Water: Private
  • Floor Type:
  • Licenses: Liquor
  • Heating: Forced Air,Natural Gas
  • Year Built: 1960
  • Cooling: Central Air

Listing courtesy of REO-TCRandolph-233022, 521 Randolph Street Traverse City, MI 49684

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