Suttons Bay, MI 49682-0001,102 Broadway
$1,399,000
$1,474,500
5.1%
Est.Price: ?

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2,300 SqFt

102 Broadway Suttons Bay, MI 49682-0001

Est. payment /mo
SOLD DATE : 06/15/2022

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Key Details

Sold Price $1,399,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 2,300 sqft

Price per Sqft $608

MLS Listing ID 1329082

Sold Date 06/15/22

Year Built 1950

Annual Tax Amount $9,409

Property Description

BEST LOCATION in the village of Suttons Bay on the busiest corner in Leelanau county! Suttons Bay's premier breakfast & lunch spot: the iconic 45th Parallel Cafe and Candy World is for sale. Established profitable restaurant loved by locals and tourists alike offered for sale turnkey. The charming candy and fudge shop, Candy World, which keeps guests who are waiting for a table at The 45th Parallel Cafe busy and spending money with the business, is included in the sale. This is a great opportunity to acquire 2 businesses with multiple revenue streams and ample opportunity to grow those revenue streams. The real estate is included in the sale as well as all equipment, domain names, web sites, ecommerce and recipes for existing menu as well as Fudge Recipes and supplier info. Almost all decor seasonal as well as year round decor included in sale, too. This is a killer opportunity to get out of the city, move to bucolic Leelanau County in North-Western Michigan on the lower peninsulas and take over an Award Winning, revenue producing, business. The current owners, who started the business 24 years ago in the same location, are willing to stay on to train and facilitate the smooth transition to the new owners after which it is their intention to retire. Signed NDA will get full marketing package and sale memorandum.

Location

State MI

County Leelanau

Area Suttons Bay Twp (45011)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Parking Features Parking Lot

Roof Type Tar/Gravel

Building

Foundation Slab

Water Public Water

Structure Type Block

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Other

Listing Terms Other

Financing Cash,Commercial Loan

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Cygnus Real Estate
Bought with Cygnus Real Estate

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agent

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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