Hospitality

Suttons Bay, MI Hospitality Properties for Sale

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Northport, MI Traverse City, MI Lake Leelanau, MI Leland, MI Cedar, MI Kewadin, MI Elk Rapids, MI Central Lake, MI
21-Room Motel with Residence
Updated: Aug 21
21-Room Motel with Residence

4290 S W Bay Shore Drive, Suttons Bay, MI 49682

$2,790,000
9,729 sqft 4.10 AC lot
21 guest rooms in varied layouts
9,729 SF motel on 4.1 acres
Owner or caretaker residence included
Views of West Grand Traverse Bay
Near public water access and boat launches
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21-Room Bay-View Hotel
Updated: Aug 21
21-Room Bay-View Hotel

4290 S West Bay Shore Drive, Suttons Bay, MI 49682

$2,790,000
21 guest rooms in a variety of layouts
Just over four acres with views of West Grand Traverse Bay
Onsite owner or caretaker residence
Nearby public water access and boat launches
Between Traverse City and Suttons Bay in Leelanau County
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Suttons Bay, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restored Victorian Bed & Breakfast
Restored Victorian Bed & Breakfast

18599 Mission Road, Traverse City, MI 49686

$4,260,000
5,644 sqft 10.86 AC lot

Guest accommodations pair dining areas with a commercial kitchen and covered porch.

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Boutique Hotel With Covered Porch
Boutique Hotel With Covered Porch

18599 Mission Road, Traverse City, MI 49686

$4,260,000
5,644 sqft 10.86 AC lot

Hotel property with guest accommodations, a commercial kitchen, dining areas, and an operating public café.

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Multi-Building Hotel Property
Multi-Building Hotel Property

1757 N Manitou Trail, Leland, MI 49654

$4,200,000
9,244 sqft 4.33 AC lot

Hospitality property combining short-term lodging, an innkeeper residence, office space, and seasonal recreational rentals.

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Hotel Property with Lake Views
Hotel Property with Lake Views

1757 N Manitou Trail, Leland, MI 49654

$4,200,000
9,244 sqft 4.33 AC lot

Hospitality property with multiple buildings, short-term rental accommodations, and private frontage across the road from North Lake Leelanau.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Buildable Land
Waterfront Buildable Land

6785 Fouch Road, Traverse City, MI 49684

$250,000
2.69 AC lot

Buildable waterfront lot with an existing pole building, paved drive, and utilities in place for a range of uses.

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Commercial Land With Existing Office
Commercial Land With Existing Office

1040 E Front Street, Traverse City, MI 49686

$1,148,000
1,864 sqft 0.63 AC lot

Three-lot parcel combines vacant land with an existing office building and on-site parking.

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Commercial Land Parcel
Commercial Land Parcel

M-72, Williamsburg, MI 49690

$650,000
11.00 AC lot

Commercially zoned land with an established access plan and utility availability along the east side.

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Wooded Resort Homesite Land Parcel
Wooded Resort Homesite Land Parcel

207 Shadow Glen, Bellaire, MI 49615

Contact for pricing
0.75 AC lot

Build a private home on a wooded homesite with a perk test on file and key utilities available.

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Off-Market Properties in Suttons Bay, MI

Consider similar Off-Market properties in Suttons Bay, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

10343 Hilltop Rd
Restaurants

10343 Hilltop Rd, Suttons Bay, MI 49682

Estimated value:
No data
11,270 sqft 78.37 AC lot
View details
5046 Bay Shore Dr
Restaurants

5046 Bay Shore Dr, Suttons Bay, MI 49682

Estimated value:
No data
18,000 sqft 4.30 AC lot
View details

Suttons Bay, MI Hospitality Properties Market Trends and Statistics

Explore 4 hospitality properties for sale in Suttons Bay, MI on our real estate platform. These investment opportunities span a total of 9,729 square feet of properties for sale, with an estimated market value of $5,580,000.

Sale prices for hospitality properties in Suttons Bay, MI average $2,790,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 2
Motels 1

Demographics Overview

Population 4,528
Population Growth (5Y) +10.6%
Median Household Income $89,688
College Educated 66.3%

High-Yield Neighborhoods for Investment

Identify Suttons Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49682 $2.8M

Taxes & Financing

Tax Rate (average for all types) 2.68%
Tax Rate vs County Average 0.44 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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