1878 Bay Shore Dr Suttons Bay, MI 49682
- Mixed-use properties
- 3,600 SF
- 5.67 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 1878 Bay Shore Dr
- Year built
- 1995
- Lot size
- 5.67 lot acres
- Property size
- 3,600 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property, located at 1878 S West Bay Shore Drive in Suttons Bay, Michigan, presents a unique investment opportunity. The 3,600 square foot building, constructed in 1995 and renovated in 2003, sits on a generous 5.67-acre lot. Currently zoned Rural Residential, it offers considerable flexibility for a variety of uses, including but not limited to educational facilities, multi-family dwellings, or other permitted uses with a special use permit. The building features four bathrooms, a full kitchen, and a laundry room, making it ideal for conversion into a multi-unit residential property. Its prime location along M-22 provides excellent visibility and accessibility. The expansive lot allows for potential expansion and further development. An independent appraisal supports the asking price of $599,000, indicating significant value. This property is poised for a quick sale and represents a compelling investment opportunity in a desirable location. The property's versatility and potential for future growth make it an attractive prospect for discerning investors. Don't miss this chance to acquire a substantial property with significant upside potential in the thriving Suttons Bay market. The zip code is 49682.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Suttons Bay
- County
- Leelanau
- State
- Michigan
- Longitude
- -85.6313
- Latitude
- 44.9539
