5046 West Bay Shore

Price: $ 3,700,000.00
Square Ft.: 18000
Price/SQFT: $ 205.56

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:

Listing # 1920629
City: Suttons Bay
State: MI
Zip: 49682
Area: Leelanau
Neighborhood:
Acres: 4.3
Square Ft: 18000

Additional Features:
Basement: Crawl Space,Slab Location: Corner Lot,Freestanding
Business Included: Yes Lot:
Business Name: 22 Vines LLC Miscellaneous:
Construction: Frame Documents:
Zoning: Office,Retail,Commercial,Restaurant/Food Possession: At Closing,Subject to Tenants Rights
Deeded Water: No Property Status: Active
Dimensions: irregular Real Estate Included: Yes
Directions: S. West Bayshore Drive 9 miles north of Traverse City on the corner of Hilltop Road. Remodeled: 2023
Days On Market: 43 Road Frontage: Public Maintained
Days On MLS: 43 Roofing: Asphalt
ECO Features: No For Sale Or Lease: For Sale
Extras: Other For Sale Or Rent: For Sale
Financing: Special Assessment:
Floor Type: Township: Bingham
Heating/Cooling: Natural Gas Vacant: No
Heating/Cooling Type: Forced Air,Central Air Water:
Inventory Included: No Year Built: 1960
Licenses: Liquor  

Listing courtesy of REO-TCRandolph-233022
521 Randolph St , Traverse City , MI 49684