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Price: $ 3,700,000.00Listing # 1926704 Address 5046 West Bay Shore City: Suttons Bay State: MI Zip: 49682 Square Ft.: 18000 Acres: 4.3
One of a kind fully-leased commercial and residential building with a beautifully built restaurant, multiple wine tasting rooms, retail and office spaces, and four successful airbnb rentals totaling over 18,000 square feet! With a full bar and (class C) liquor license, commercial kitchen, food and beverage store/market, indoor and outdoor seating for up to 300, and space for on-site brewery and event barn, the potential in this property is huge. No additional licensing is needed for a full brewpub operation with beer and wine takeout! Set on 4.3 acres with lengthy frontage on highly-traveled M-22, this building is just across the street from West Grand Traverse Bay including a popular public waterfront park and boat launch! There are beautiful bay views from many spots on the property, on the covered, 3-season, 1700+ square foot wrap around porch and in the building. The existing building is beautifully restored but also has value add potential, including a possible barn event space and two development parcels on the south side of the building - great possible brewery production building or additional residences. Ample parking, covered outdoor seating, and meticulous landscaping add to the phenomenal setting. Seller financing is a possibility - this property and opportunity are like no other in the Traverse City region!
Basic Features: Acres: 4.3 Area: Leelanau Neighborhood: Type: Mixed Use Square Ft: 18000
Additional Features: Basement: Crawl Space,Slab Business Included: Yes Business Name: 22 Vines LLC Construction: Frame Current Zoning: Office,Retail,Commercial,Restaurant/Food Deeded Water: No Dimensions: irregular Directions: S. West Bayshore Drive 9 miles north of Traverse City on the corner of Hilltop Road. Days On Market: 98 Days On MLS: 98 ECO Features: No Extras: Other Financing: Floor Type: Heating/Cooling: Natural Gas Heating/Cooling Type: Forced Air,Central Air Included In Rent: Inventory Included: No Licenses: Liquor Location: Corner Lot,Freestanding Lot: Miscellaneous: Documents: Possession: At Closing,Subject to Tenants Rights Property Status: Active Real Estate Included: Yes Remodeled: 2023 Road Frontage: Public Maintained Roofing: Asphalt For Sale Or Lease: For Sale For Sale Or Rent: For Sale Special Assessment: Township: Bingham Vacant: No Waste: Water: Private Well Year Built: 1960 Zoning: Office,Retail,Commercial,Restaurant/Food Listing courtesy of REO-TCRandolph-233022 521 Randolph St ,
Traverse City, MI 49684 |
