5046 S West Bay Shore, Suttons Bay, MI

$3,490,000

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11

Baths

18,000

Square feet

4.30

Acres

About 5046 S West Bay Shore

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!

Features of 5046 S West Bay Shore

MLS® # 1929799
Price $3,490,000
Bathrooms 11.00
Square Footage 18,000
Acres 4.30
Year Built 1960
Type Commercial
Status Active

Community Information

Address 5046 S West Bay Shore
Subdivision West Bay Shore Village
City Suttons Bay
County Leelanau
Province MI
Postal Code 49682

Amenities

Parking Spaces 100
Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Has Basement Yes
Basement Crawl Space

Exterior

Lot Description Corner Lot, Freestanding
Roof Asphalt
Construction Frame, Wood Siding
Foundation Slab

Additional Information

Days on Market 245
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeREO-TCRandolph-233022

Listing Map

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