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    Suttons Bay, MI
    Residential Income

    Suttons Bay, MI Residential Income 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
    End-Unit Duplex Condo with Fireplace
    Updated: Jun 26
    End-Unit Duplex Condo with Fireplace

    723 N Apple Tree Drive, Suttons Bay, MI 49682

    $599,000
    1,504 sqft
    1504 SF end‑unit duplex condo with main‑floor living and bedroom
    Year built 1995 with frame construction and asphalt roof
    Fireplace plus skylights and vaulted ceilings
    Loft and extra storage on the second level
    Patio for grilling, plus landscaped exterior with gutters
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    Leased Mixed-Use Condo Building
    Updated: Jun 30, 2023
    Leased Mixed-Use Condo Building

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

    Contact for pricing
    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.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 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.

    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.

    View details
    Mixed-Use Downtown Building
    Mixed-Use Downtown Building

    1-144 River St, Elk Rapids, MI 49629

    $549,000
    2,953 sqft

    Ground-floor commercial space with a garden studio apartment and lower-level storage, supported by B2 zoning.

    View details
    Agricultural Land with Barndominium
    Agricultural Land with Barndominium

    11751 Center Road, Traverse City, MI 49686

    $2,500,000
    90.00 AC lot

    90 acres with existing wells, solar power, and productive plantings for agriculture, multi-home development, or private estate use.

    View details
    Remodeled 4-Plex with Flexible Use
    Remodeled 4-Plex with Flexible Use

    607 W Front St, Traverse City, MI 49684

    $1,700,000

    Fully remodeled 4-plex offers multiple unit configurations and flexible C-2 zoning for a variety of commercial and housing uses.

    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.

    Rolling Farmland Parcel with Water Views
    Rolling Farmland Parcel with Water Views

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

    $1,350,000
    46.40 AC lot

    46.4-acre agricultural parcel with rolling terrain and water views near Grand Traverse Bay and downtown Suttons Bay.

    View details
    Elevated Farmland Development Parcel
    Elevated Farmland Development Parcel

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

    $2,600,000
    74.20 AC lot

    Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

    View details
    Suttons Bay Vacant Land Opportunity
    Suttons Bay Vacant Land Opportunity

    1881 N Blue Water Court lot: 12, Suttons Bay, MI 49682

    $185,000
    1.00 AC lot

    Premier building site with water views near Suttons Bay.

    View details
    Wooded Lot with Bay Frontage
    Wooded Lot with Bay Frontage

    1722 S Cherry Blossom Lane, Suttons Bay, MI 49682

    $79,900
    0.62 AC lot

    Wooded lot featuring shared West Bay frontage in Suttons Bay.

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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

    9226 Duck Lake Rd, Suttons Bay, MI 49682

    Value Estimation by Request
    149.82 AC lot
    View details
    10343 Hilltop Rd
    Restaurants

    10343 Hilltop Rd, Suttons Bay, MI 49682

    Value Estimation by Request
    11,270 sqft 78.37 AC lot
    View details

    Suttons Bay, MI Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Suttons Bay, MI on our real estate platform. These investment opportunities span a total of 19,504 square feet of properties for sale, with an estimated market value of $599,000.

    Sale prices for residential income properties in Suttons Bay, MI average $599,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Multifamily properties 1

    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 $599K

    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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