5046 S W Bay Shore Dr Suttons Bay, MI 49682
Fully leased commercial and residential condo building on 4.3 acres.
Type:Hospitality, Mixed Use, Office, Retail
Property size:
18,000 SFLot size:
4.30 Acres- Added:
- Jun 30, 2023
- Days on Market:
- 1024
- Last Refresh:
- Mar 17 at 1:22 pm
Property Features for 5046 S W Bay Shore Dr
General Information
- Standard status
- Active
- Size
- 18,000 SF
- Lot size
- 4.30 Acres
- Property subtype
- Hospitality, Mixed Use, Office, Retail
Listing agent Blake Bernard License #T6501380347
Listing office REO-TC/Randolph
Listing date Jun 30, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of REO-TC/Randolph
Overview
Leased Mixed-Use Condo Building
This fully-leased mixed-use condo building offers over 18,000 square feet of restaurant, retail, and office spaces. Situated on 4.3 acres with frontage on M-22, the property is located across the street from West Grand Traverse Bay, near a public waterfront park and boat launch. The building comprises 6 condo units, with two additional condo pads available for further development. Ample parking, covered outdoor seating, and landscaping enhance the setting. The property includes four residences of varying sizes, currently occupied by owners or used as rentals. Additionally, the property features the Bear Den gallery on the main floor and a large insurance office on the second floor, both with existing leases.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Suttons Bay
- County
- Leelanau
- State
- Michigan
- Longitude
- -85.6488
- Latitude
- 44.9784
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Fully leased commercial and residential condo building on 4.3 acres.
Where is this mixed-use property located?
The property is located at 5046 S W Bay Shore Dr Suttons Bay, MI.
What is the asking price?
The asking price for this property is $2,999,900.
What are key features of this property?
This property features: Fully leased commercial and residential condo building generating immediate income.; Prime location on 4.3 acres with frontage on M‑22, across from West Grand Traverse Bay, a waterfront park, and a boat launch.; **Restaurant, retail, and office spaces totaling over 18,000 square feet.**
