Mixed-Use

Suttons Bay, MI Mixed-use 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
Leased Mixed-Use Condo Building
Updated: Jun 30, 2023
Leased Mixed-Use Condo Building

5046 S W Bay Shore Dr, Suttons Bay, MI 49682

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18,000 sqft 4.30 AC lot
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.**
Features 6 condo units with 2 additional condo pads available for further development.
Four residential units currently occupied as cash‑flowing rentals.
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Suttons Bay, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Downtown Mixed-Use Building
Downtown Mixed-Use Building

201 River Street, Elk Rapids, MI 49629

$1,200,000
8,355 sqft

Multi-tenant mixed-use building with retail and office suites on the lower level plus two renovated residential units upstairs.

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Mixed-Use Building with Dedicated Parking
Mixed-Use Building with Dedicated Parking

116 Front Street, Traverse City, MI 49684

$4,800,000
28,928 sqft

Includes a separate paved parking lot across Front Street, plus central air and a membrane roof.

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Historic Mixed-Use Building Near West Bay
Historic Mixed-Use Building Near West Bay

601 Randolph St, Traverse City, MI 49684

$1,400,000

Unique mixed-use property in prime location near shopping and dining.

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Historic Mixed-Use Building with Gallery
Historic Mixed-Use Building with Gallery

128 River Street, Elk Rapids, MI 49629

$1,305,000

Historic mixed-use building with original bank vault and an established fine art gallery plus an owner’s residence.

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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.

Corner Commercial Development Land
Corner Commercial Development Land

1054-1060 E Front Street, Traverse City, MI 49686

$2,650,000
1.24 AC lot

Zoned C-3 for flexible development with height and impervious limits at a SW corner on major corridors.

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Development Land Parcel
Development Land Parcel

520 Railroad Avenue, Traverse City, MI 49686

$1,575,000
1.46 AC lot

1.46-acre development parcel offered as two lots with access via E Eighth Street and Woodmere Avenue.

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Commercial Land with Mixed-Use Flexibility
Commercial Land with Mixed-Use Flexibility

Zimmerman Road, Traverse City, MI 49685

$389,000
3.50 AC lot

Zoned commercial land at a road intersection, allowing residential above commercial with a footprint limit.

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Mixed-Use Development Site with Theatre
Mixed-Use Development Site with Theatre

4160 M-72 E, Williamsburg, MI 49690

$1,995,000
12,259 sqft 4.35 AC lot

Shovel-ready mixed-use parcel with fully developed utilities and an included former dinner theatre building.

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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.

1878 Bay Shore Dr
Mixed-use properties

1878 Bay Shore Dr, Suttons Bay, MI 49682

Value Estimation by Request
3,600 sqft 5.67 AC lot
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10343 Hilltop Rd
Restaurants

10343 Hilltop Rd, Suttons Bay, MI 49682

Value Estimation by Request
11,270 sqft 78.37 AC lot
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5046 Bay Shore Dr
Restaurants

5046 Bay Shore Dr, Suttons Bay, MI 49682

Value Estimation by Request
18,000 sqft 4.30 AC lot
View details

Suttons Bay, MI Mixed-Use Properties Market Trends and Statistics

Explore 4 mixed-use properties for sale in Suttons Bay, MI on our real estate platform. These investment opportunities span a total of 18,000 square feet of properties for sale.

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Demographics Overview

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

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Leelanau County

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