Suttons Bay, MI
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    Suttons Bay, MI Residential Income Properties for Sale

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    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
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    Based on your search, we've compiled 11 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 2 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

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    Resort and Multifamily Investment Opportunity
    $12,900,000
    1,780 SF
    Resort and Multifamily Investment Opportunity

    Scandinavian-inspired resort near Grand Traverse Bay with income-generating assets.

    5961 E Oslo Street, Williamsburg, MI 49690

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    Historic Mixed-Use Building For Sale
    $1,400,000
    3,464 SF
    Historic Mixed-Use Building For Sale

    Unique mixed-use property in prime location with business and residential.

    601 Randolph Street, Traverse City, MI 49684

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    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

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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.

    Expansive Farmland with Water Views
    $1,600,000
    46.40 Acres
    Expansive Farmland with Water Views

    Remarkable 46.5-acre tract of rolling farmland with water views.

    Parcel B E Duck Lake Road, Suttons Bay, MI 49682

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    Breathtaking Farmland Development Opportunity
    $2,950,000
    74.20 Acres
    Breathtaking Farmland Development Opportunity

    72 acres of high-elevation farmland with sweeping, multi-directional views.

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

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    Suttons Bay Vacant Land Opportunity
    $198,500
    1.00 Acre
    Suttons Bay Vacant Land Opportunity

    Premier building site with water views near Suttons Bay.

    1881 N Blue Water Court, Suttons Bay, MI 49682

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    Vacant Land in Blue Water Ridge
    $60,000
    1.51 Acres
    Vacant Land in Blue Water Ridge

    Residential land to build your dream home in Northern Michigan.

    1909 N Blue Water Court, Suttons Bay, MI 49682

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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.

    9226 Duck Lake Rd
    Farms
    Lot: 149.82 Acres
    Value Estimation by Request

    9226 Duck Lake Rd, Suttons Bay, MI 49682

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

    10343 Hilltop Rd, Suttons Bay, MI 49682

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    Suttons Bay, MI Residential Income Properties Market Trends and Statistics

    Explore 3 residential income 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 residential income properties 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.

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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 $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)

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