Mixed-Use

Suttons Bay, MI Mixed-use Properties for Sale

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Northport, MI Lake Leelanau, MI Traverse City, MI Leland, MI Kewadin, MI Cedar, MI Elk Rapids, MI Central Lake, MI
Leased Mixed-Use Condo Building
Updated: Oct 21, 2025
Leased Mixed-Use Condo Building

5046 South W Bay Shore Drive, Suttons Bay, MI 49682

$199,000
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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1 active listing matches your search: Mixed-Use for sale in Suttons Bay, MI. Based on your search, we've also compiled 11 Potential Opportunities for your consideration: 4 properties in nearby cities, 3 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Private Self Storage Condominium, Traverse City, MI
Private Self Storage Condominium, Traverse City, MI

13972 S Robinson Rd, Unit 6, Traverse City, MI 49684

$114,900
800 sqft

Own It. Use It. Rent It. Invest In It! Storage Barn Unit for Sale - 10 mins from West Bay!

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Mixed-Use Building with Elevator
Mixed-Use Building with Elevator

201 River St, Elk Rapids, MI 49629

$999,000
8,355 sqft

The upper floor contains two renovated apartments connected by an interior door, with elevator access between levels.

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

601 Randolph Street, Traverse City, MI 49684

$1,400,000
3,250 sqft

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

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Mixed-Use Property with Garage
Mixed-Use Property with Garage

312 Pine Street, Elk Rapids, MI 49629

$495,000
3,475 sqft

R-2-zoned property with grandfathered commercial use and potential for residential or approved community-oriented conversion.

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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 Land
Corner Commercial Land

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

$2,250,000
1.24 AC lot

Development site positioned where two primary routes meet, serving traffic from Traverse City’s east and south.

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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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Signalized Corner Commercial Land
Signalized Corner Commercial Land

Zimmerman Road, Traverse City, MI 49685

$389,000
3.50 AC lot

Commercially zoned development site with municipal utilities at a controlled intersection.

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Mixed-Use Development Site
Mixed-Use Development Site

4160 M-72 E, Williamsburg, MI 49690

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

Approved mixed-use plan with an existing building and fully developed underground site infrastructure.

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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

Estimated value: by Request
3,600 sqft 5.67 AC lot
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10343 Hilltop Rd
Restaurants

10343 Hilltop Rd, Suttons Bay, MI 49682

Estimated value: by Request
11,270 sqft 78.37 AC lot
View details
5046 Bay Shore Dr
Restaurants

5046 Bay Shore Dr, Suttons Bay, MI 49682

Estimated value: 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, with an estimated market value of $199,000.

Sale prices for multi use buildings in Suttons Bay, MI average $199,000 — 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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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 $199K

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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