Skip To Content

102 Broadway , #3

Suttons Bay, MI 49682
  • $1,474,500
  • STATUS: Active
  • ON SITE: 134 days
  • MLS #: 1885012
UPDATED: 40 min ago
$1,474,500
  • 0
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,300
    SQFT
  • $641
    $/SQFT
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

BEST LOCATION in the village of Suttons Bay on the busiest corner in Leelanau county! Suttons Bay's premier breakfast & lunch spot: the iconic 45th Parallel Cafe and Candy World is for sale. Established profitable restaurant loved by locals and tourists alike offered for sale turnkey. The charming candy and fudge shop, Candy World, which keeps guests who are waiting for a table at The 45th Parallel Cafe busy and spending money with the business, is included in the sale. This is a great opportunity to acquire 2 businesses with multiple revenue streams and ample opportunity to grow those revenue streams. The real estate is included in the sale as well as all equipment, domain names, web sites, ecommerce and recipes for existing menu as well as Fudge Recipes and supplier info. Almost all decor seasonal as well as year round decor included in sale, too. This is a killer opportunity to get out of the city, move to bucolic Leelanau County in North-Western Michigan on the lower peninsulas and take over an Award Winning, revenue producing, business. The current owners, who started the business 24 years ago in the same location, are willing to stay on to train and facilitate the smooth transition to the new owners after which it is their intention to retire. Signed NDA will get full marketing package and sale memorandum.

Monthly Payment Calculator



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-07-28T20:51:52.78.
www.brickcorbett.com/homes/115120243
Print Image

102 Broadway , #3 Suttons Bay, MI 49682

  • Price: $1,474,500
  • Status: Active
  • Updated: 40 min ago
  • MLS #: 1885012
0
Beds
2
Baths
0
½ Baths
N/A
Acres
2,300
SQFT
$641
$/SQFT
1950
Built
Neighborhood:
Allington Commerce Condos
County:
Leelanau
Area:
Leelanau
Property Description
BEST LOCATION in the village of Suttons Bay on the busiest corner in Leelanau county! Suttons Bay's premier breakfast & lunch spot: the iconic 45th Parallel Cafe and Candy World is for sale. Established profitable restaurant loved by locals and tourists alike offered for sale turnkey. The charming candy and fudge shop, Candy World, which keeps guests who are waiting for a table at The 45th Parallel Cafe busy and spending money with the business, is included in the sale. This is a great opportunity to acquire 2 businesses with multiple revenue streams and ample opportunity to grow those revenue streams. The real estate is included in the sale as well as all equipment, domain names, web sites, ecommerce and recipes for existing menu as well as Fudge Recipes and supplier info. Almost all decor seasonal as well as year round decor included in sale, too. This is a killer opportunity to get out of the city, move to bucolic Leelanau County in North-Western Michigan on the lower peninsulas and take over an Award Winning, revenue producing, business. The current owners, who started the business 24 years ago in the same location, are willing to stay on to train and facilitate the smooth transition to the new owners after which it is their intention to retire. Signed NDA will get full marketing package and sale memorandum.
Exterior Features

Construction Block Exterior Features Block Foundation Slab Lot Dimensions 0X0 Parking CommonParking Lot Road Public Maintained Roof MembraneTar/Gravel

Interior Features

Heating Cooling Type Forced Air

Property Features

Business Incl Yes Business Name The 45th Parallel Cafe Deeded Waterfront No Documents On File Agency DisclosureFinancialFurniture &Amp; FixturesLegal DescriptionMaster DeedPersonal Property ListSoils TestSurveyTax Returns Eco Features No Energy Efficient Not Applicable Extras Furniture/FixturesSecurity System Gross Sales 700000 Heating Cooling Source Natural Gas Included In Lease None Inventory Incl Yes Licenses Food Listing Agreement Type Exclusive Right To Sell Location Corner LotOther Other Taxes 1077 Percent Of Remodel 95 Possession At ClosingNegotiable Present Use Restaurant/Food ServiceRetail Store Real Estate Incl Yes Renewable Not Applicable Sale Or Lease For Sale Sale Rent For Sale Section Number 28 Sewer Municipal Summer Taxes 6554 Terms CashCommercial LoanOther Total Taxes 9409 Township Suttons Bay Type Hospitality Type Of Ownership Private Owner Univs Design Barrier Free No Steps Entry Vacant Land No Water Municipal Water Water Conservation Not Applicable Winter Taxes 1778 Year Remodeled 2020 Zoning CommercialRestaurant/FoodRetail



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-07-28T20:51:52.78.
 
https://bt-photos.global.ssl.fastly.net/nglrmls/orig_boomver_1_1885012-2.jpg https://bt-photos.global.ssl.fastly.net/nglrmls/orig_boomver_1_1885012-2.jpg https://bt-photos.global.ssl.fastly.net/nglrmls/orig_boomver_1_1885012-2.jpg
Logo
Brick & Corbett
500 S Union Street
Traverse City MI, 49686