Suttons Bay, MI
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Suttons Bay, MI Mixed-use Properties for Sale

    Notify Me
    List
    Map
    Northport, MI Traverse City, MI Lake Leelanau, MI
    Leased Mixed-Use Condo Building
    $2,999,900
    18,000 SF
    Leased Mixed-Use Condo Building

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

    Fully leased commercial and residential condo building on 4.3 acres.
    • 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.
    Updated: Jun 30, 2023
    View details
    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.

    KOTI Resort Multifamily Development Opportunity
    $4,900,000
    1,780 SF
    KOTI Resort Multifamily Development Opportunity

    9-acre parcel with site plan for 146 units.

    5961 E Oslo Street, Williamsburg, MI 49690

    View details
    Historic Mixed-Use Building Near West Bay
    $1,400,000
    Historic Mixed-Use Building Near West Bay

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

    601 Randolph St, Traverse City, MI 49684

    View details
    Railway Commons Storage Condo
    $395,000
    2,500 SF
    Railway Commons Storage Condo

    Spacious 2,500 sq ft storage condo in Acme Township.

    6357 N Railway Commons, Williamsburg, MI 49690

    View details
    Traverse City Commercial Real Estate Opportunity
    $949,900
    4,608 SF
    Traverse City Commercial Real Estate Opportunity

    Commercial real estate with established business, live-work space, and road frontage.

    6375 E Traverse Highway, Traverse City, MI 49684

    View details

    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.

    Prime Corner Land in Traverse City
    $2,650,000
    1.24 Acres
    Prime Corner Land in Traverse City

    1.2 acre corner lot with high traffic and development potential.

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

    View details
    Development Parcel in Traverse City
    $1,575,000
    1.46 Acres
    Development Parcel in Traverse City

    1.46 acre development parcel in central Traverse City, Michigan.

    520 Railroad Avenue, Traverse City, MI 49686

    View details
    Prime Location Development Opportunity
    $389,000
    3.50 Acres
    Prime Location Development Opportunity

    Expansive parcel ideal for commercial and residential development in Traverse City.

    0 Zimmerman Road, Traverse City, MI 49685

    View details
    Prime Mixed-Use Development Opportunity
    $1,995,000
    12,259 SF
    Prime Mixed-Use Development Opportunity

    Shovel-ready 4.35-acre site with mixed-use potential in Williamsburg, MI.

    4160 E M-72 E, Williamsburg, MI 49690

    View details

    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
    3,600 SF Lot: 5.67 Acres
    Value Estimation by Request

    1878 Bay Shore Dr, Suttons Bay, MI 49682

    View details
    10343 Hilltop Rd
    Restaurants
    11,270 SF Lot: 78.37 Acres
    Value Estimation by Request

    10343 Hilltop Rd, Suttons Bay, MI 49682

    View details
    5046 Bay Shore Dr
    Restaurants
    18,000 SF Lot: 4.30 Acres
    Value Estimation by Request

    5046 Bay Shore Dr, Suttons Bay, MI 49682

    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 $2,999,900.

    Sale prices for multi use buildings in Suttons Bay, MI start at $2,999,900, averaging $2,999,900, and reaching up to $2,999,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    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 $3M

    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%

    Listings Trend

    New vs delisted commercial listings in Leelanau County

    New Delisted

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings