5046 S West Bay Shore
Suttons Bay, MI 49682

$100,000

Description

**Business For Sale** Sale is for Class C - SDM liquor license and all of the restaurant equipment, furniture & fixtures only. Restaurant space is available for lease on beautiful M-22. Formerly the home of 22 Vines, Thai Restaurant between Traverse City and Suttons Bay. It is a 2,619 sq feet sit down restaurant with full bar and kitchen. The Class C - SDM liquor license is for sale at $70,000 and all the restaurant equipment, furniture & fixtures are available for sale for $30,000. Buyer/Tenant must sign minimum of 5 year lease at current location. There is also an option to lease the apartment adjacent to the restaurant, perfect for housing owner or staff. Neighbors on the property include 2 wine tasting businesses, an art gallery, 3 air BNB rentals and an insurance office. A beautiful creek runs behind property and decks surround the building for peacefully enjoying the scenery. Across the street is Grand Traverse Bay and a park with public boat launch. 100+ parking spaces on site. See MLS# 1850852 for lease information.

Details

MLS#1850994
StyleRetail
Sub-TypeResale
StatusActive
Year1960
Days On Site171

Features

SQ Feet2,619
Story(s)1
ZoningRetail,Commercial

Market Activity 49682

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Area Information

StateMI
CountyLeelanau
CitySuttons Bay
Zip Code49682
AreaLeelanau
Listing VS Median (in 49682)
Price:
$100,000
low | high
Med:
$77,000
73% of Average
SqFt:
2,619
low | high
Med:
0
100% of Average
$ / SqFt:
$38
low | high
Med:
$0
100% of Average
On Site:
171
low | high
Med:
156.5
100% of Average
Listing Updated: 03/22/2019
MLS Number: 1850994
Listing Provided By:
Stiebel 100000  of  Coldwell Banker Schmidt-522
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.