Retail

Suttons Bay, MI Retail Space for Sale

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Northport, MI Lake Leelanau, MI Traverse City, MI Leland, MI Kewadin, MI Cedar, MI Elk Rapids, MI Central Lake, MI
Leased Mixed-Use Condo Building
Updated: Nov 11, 2025
Leased Mixed-Use Condo Building

5046 South W Bay Shore Drive, Suttons Bay, MI 49682

$199,000
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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

Multi-Tenant Storefront Building
Multi-Tenant Storefront Building

116 E Philip St, Lake Leelanau, MI 49653

$699,000
2,740 sqft

Single-story commercial property with C1 zoning and multiple occupants.

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Downtown Traverse City Retail Condo
Downtown Traverse City Retail Condo

Traverse City, MI 49684

$891,300
2,971 sqft

Retail condo in downtown Traverse City, completion scheduled for June 2026.

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Mixed-Use Building with Atrium
Mixed-Use Building with Atrium

Traverse City, MI 49684

$3,375,000
23,983 sqft

Retail and office tenants occupy a five-level downtown property with a lower-level event space.

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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.

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Suttons Bay, MI Retail Space Market Trends and Statistics

Explore 1 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, with an estimated market value of $199,000.

Sale prices for retail space in Suttons Bay, MI average $199,000 — 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

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%

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 $199K

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)

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