Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5046 West Bay Shore Dr Suttons Bay, MI 49682

    For Lease
    $9,000 /Mo ($14 SF/Yr)

    Restaurant/Food Service,Office Building,Retail Store,Recreational/Resort,Bar

    Property size:
    7,252 SF
    Lot size:
    4.30 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 5046 West Bay Shore Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Office,Retail,Commercial,Restaurant/Food
    Size
    7,252 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# 1940322 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

    M-22 Restaurant/Retail Space Available

    Available for lease is a 7,252 square foot space suitable for a restaurant, tasting room, or retail business. Located along M-22, the property benefits from high visibility and strong traffic. The space, situated on the main level of Units 3 and 4, features a full commercial kitchen, bar, and dining areas with both indoor and outdoor seating options. The lease rate of $15 per square foot includes taxes, insurance, and CAM. There is an option to purchase existing tables and chairs, as well as a transferable Class C liquor license with an owner buyback option after the lease. The location includes ample parking, shared common areas, and landscaping. The property is across from West Grand Traverse Bay and is zoned for Office, Retail, Commercial, and Restaurant/Food use.
    Location Intelligence

    Current Use by Public Records

    Retail 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

    Nearby Similar for Lease

    • $3,500 /Mo
      3,024 SF

      Suttons Bay Office Space Available

      Prime office space in Suttons Bay, adaptable for various businesses.
      73 W Fourth St, Suttons Bay, MI 49682
      View Details
    • $2,700 /Mo
      2,751 SF

      Suttons Bay Retail/Residential Opportunity

      Scenic M-22 location with tasting rooms, kitchen, and apartment.
      5046 West Bay Shore Dr, Suttons Bay, MI 49682
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant/retail space with high visibility and strong traffic counts.
    Where is this restaurant located?
    The property is located at 5046 West Bay Shore Dr Suttons Bay, MI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on M-22 with high visibility and strong traffic counts.; - Turnkey space with **a full commercial kitchen, bar, and dining areas.**; - Lease rate of $15/sq. ft. "all in" including taxes, insurance, and CAM.
    (231) 946-4040
    Request Owner's contact information
    5046 West Bay Shore Dr Suttons Bay, MI 49682
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5046 West Bay Shore Dr
    Suttons Bay, MI 49682
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.