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102 Broadway Suttons Bay, MI 49682-0001
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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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