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5046 S West Bay Shore

Suttons Bay, MI 49682
  • $3,700,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 1920629
$3,700,000
  • 0
    BEDS
  • 4.3
    ACRES
  • 11
    BATHS
  • 0
    1/2 BATHS
  • 18,000
    SQFT
  • $206
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

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!

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-04-03T23:52:00.493.
www.brickcorbett.com/homes/149044160
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5046 S West Bay Shore Suttons Bay, MI 49682

  • Price: $3,700,000
  • Status: Active
  • On Site: 16 Days
  • MLS #: 1920629
0
Beds
11
Baths
0
½ Baths
4.3
Acres
18,000
SQFT
$206
$/SQFT
1960
Built
Neighborhood:
West Bay Shore Village
County:
Leelanau
Area:
Leelanau
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!
Exterior Features

Construction Frame Exterior Features Wood Foundation Crawl SpaceSlab Lot Dimensions irregular Parking Parking Lot Parking Spaces 100 Road Public Maintained Roof Asphalt

Interior Features

Heating Cooling Type Forced AirCentral Air

Property Features

Business Incl Yes Business Name 22 Vines LLC Deeded Waterfront No Documents On File Legal Description Eco Features No Extras Other Heating Cooling Source Natural Gas Included In Lease Other Inventory Incl No Licenses Liquor Listing Agreement Type Exclusive Right to Sell Location Corner LotFreestanding Percent Of Remodel 25 Possession At ClosingSubject to Tenants Rights Present Use Restaurant/Food ServiceOffice BuildingRetail StoreRecreational/ResortBar Real Estate Incl Yes Sale Or Lease For Sale Sale Rent For Sale Section Number 21 Sewer Private Septic Terms Conventional MortgageCommercial LoanCashOwner Assist (L/C) Township Bingham Type Mixed Use Type Of Ownership Private Owner Univs Design Barrier Free None Vacant Land No Water Private Well Year Remodeled 2023 Zoning OfficeRetailCommercialRestaurant/Food

Listing information © 2024 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of REO-TCRandolph-233022: 231-946-4040.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-04-03T23:52:00.493.
 
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Brick & Corbett
500 S Union Street
Traverse City MI, 49686