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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
    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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Suttons Bay, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Lake Leelanau Retail/Office/Storage Building
    Contact for pricing
    2,640 SF

    Lake Leelanau Retail/Office/Storage Building

    Retail/office/storage space with high ceilings and good visibility.

    7334 E Duck Lake Rd, Lake Leelanau, MI 49653
    View details
    Traverse City Commercial Investment Opportunity
    $502,230
    1,768 SF

    Traverse City Commercial Investment Opportunity

    Class A commercial property in thriving Traverse City area.

    607 Randolph Street, Traverse City, MI 49684
    View details
    Established Hardware Store in Cedar
    $580,000
    3,858 SF

    Established Hardware Store in Cedar

    Well-established hardware store for sale in Leelanau County.

    8925 S Kasson Street, Cedar, MI 49621
    View details
    Traverse City Commercial Real Estate Opportunity
    $949,900
    4,608 SF

    Traverse City Commercial Real Estate Opportunity

    Commercial real estate with established business, live-work space, and road frontage.

    6375 E Traverse Highway, Traverse City, MI 49684
    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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF

    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033
    View details

    Suttons Bay, MI Retail Space Investment Opportunities Market Analysis

    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 $2,999,900.

    Sale prices for retail space 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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    Top Commercial Asset Segments

    Grocery and convenience stores 2

    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 median 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%

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