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    Suttons Bay, MI
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    Suttons Bay, MI Retail Space 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
    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.
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    Corner Retail Building with Offices
    Updated: Apr 11
    Corner Retail Building with Offices

    223 N Saint Joseph, Suttons Bay, MI 49682

    Contact for pricing
    Iconic corner retail building on the north side of 2nd business block (west side), at Jefferson & Joseph St in Suttons Bay Village
    Unfinished upper level with bay views, plus shared breakroom and bath and private office areas on the main floor
    Flat roof recently replaced by Bloxsom Roofing
    Remodeled in 2001 and in 2012 divided into 2 sides
    Addition of Needlepoint Bipolar Ionization (NBPI) on the HVAC system
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    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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Suttons Bay, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Downtown Retail Condo Unit
    Downtown Retail Condo Unit

    141 W Front St, Unit 101, Traverse City, MI 49684

    $773,400
    2,578 sqft

    Retail condo unit offering 2,578 SF and C-4c zoning, scheduled for completion in March 2026.

    View details
    Retail Building with Farm Market
    Retail Building with Farm Market

    11184 N Mill Street, Northport, MI 49670

    $499,000
    1,900 sqft 7.88 AC lot

    Existing farm market with private water, septic service, and a dedicated parking area.

    View details
    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    144 Hall Street, Traverse City, MI 49684

    $2,950,000
    18,454 sqft 0.72 AC lot

    Brick-and-block retail property with an adaptable open floor plan, exposed beams, and on-site parking.

    View details
    Storefront with Large Windows
    Storefront with Large Windows

    106 W Nagonaba Street, Northport, MI 49670

    Contact for pricing

    Visible retail setting with large display windows, rear employee parking, walking traffic, and Village sewer and water.

    View details

    Suttons Bay, MI Retail Space Market Trends and Statistics

    Explore 2 retail space 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Grocery and convenience stores 4
    Automotive properties 1
    Car washes 1
    Self service car washes 1
    Storefront properties 1

    Demographics Overview

    Population 4,528
    Population Growth (5Y) +10.6%
    Median Household Income $89,688
    College Educated 66.3%

    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

    Retail

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