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    5046 West Bay Shore Dr Suttons Bay, MI 49682

    For Sale
    $899,900

    Office Building - Suttons Bay, MI

    Property size:
    4,032 SF
    Lot size:
    4.30 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 5046 West Bay Shore Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential,Office,Commercial
    Parking
    8
    Size
    4,032 SF
    Lot size
    4.30 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Roof type
    Asphalt
    Architectural style
    Other

    Real Estate One, Inc. (231) 946-4040 [email protected]

    Listing agent Blake Bernard (231) 946-4040

    Listing date Nov 17, 2025

    MLS# 1940321 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Suttons Bay

    This mixed-use building offers modern comfort in a unique setting across from West Grand Traverse Bay. The property includes multiple condo spaces with a rent with purchase option available. Two units on the main floor can be used for short-term rentals, and an upstairs office space has been occupied by a long-term tenant for over 20 years. The well-maintained building features quality finishes, abundant natural light, and spacious layouts suitable for full-time living or short-term rental use. The property includes a covered wrap-around porch with partial bay views, ample parking, and landscaped grounds. Situated on heavily traveled M-22, directly across from a public park and boat launch, the location provides convenient access to downtown Traverse City and nearby wineries, beaches, and attractions. The building is zoned for residential, office, and commercial use and is 4,032 square feet in size, situated on a 4.3-acre lot.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Hotel & Motel Department Store Bar & Pub Discount Store Wine and Liquor Store Travel Agency Bed & Breakfast Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Suttons Bay
    County
    Leelanau
    State
    Michigan
    Longitude
    -85.632892
    Latitude
    44.906581

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    • $699,000
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    FAQs

    What type of property is this?
    Office space - Modern mixed-use building with rental options near West Grand Traverse Bay.
    Where is this office space located?
    The property is located at 5046 West Bay Shore Dr Suttons Bay, MI.
    What is the asking price?
    The asking price for this property is $899,900.
    What are key features of this property?
    This property features: - Prime location directly across from West Grand Traverse Bay, a public park, and a boat launch.; - Mixed-use building with two short-term rentable condo units and a long-term tenant in the upstairs office space.; - Option to rent with purchase.
    (231) 946-4040
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    5046 West Bay Shore Dr Suttons Bay, MI 49682
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5046 West Bay Shore Dr Suttons Bay, MI 49682
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