9580 E Shady Lane Suttons Bay, MI ^$ 5,000,000

9580 E Shady Lane

^$ 5,000,000

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9580 E Shady Lane

Suttons Bay, MI, 49682

^$ 5,000,000

Bedrooms-- Baths-- Sq 25,612

Monthly Estimate*

^$ 31,193

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Commercial Property for sale in Suttons Bay, MI

for $5,000,000. This 25,612 square foot building was built in 1987 on a lot size of 171.57.

Nestled amidst the scenic splendor of the Leelanau Peninsula in Northern Michigan, Shady Lane Cellars stands as a beacon of artisanal wine making and natural beauty. Includes 171.57 acres between 4 properties, 70 acres of vines, a first class winery, charming tasting room and several other building including a classic home. This winery has won numerous award for its wines and continues to innovate with new cultivars and estate bottled wines. This opportunity is turn-key and fully staffed.

Commercial Pending

Price

^$ 5,000,000

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

171.57

Year Built

1987

Town/City

Suttons Bay

County/Region

Leelanau

MLS | Web ID

80046978

Features

General

Heating Hot Water

Cooling Central A/C

Possession At Close

Roof Asphalt Metal

Water Private Well

Status Pending Pending

Year Built 1987

Parking Parking Lot

Subdivision Shady Lane Cellars MI

County Leelanau

Class COM/IND/BUS OPP

Type Business

Business Name Shady Lane Cellars

Ownership Corporation

Municipality Bingham Twp

Section 29

Zoning Agricultural

Sale/Rent For Sale

Status Detail 0

Commercial Features 3 Phase Power Concrete Floor Fixtures Outbuilding(s) Overhead Doors

Area Bingham Twp (45001)

Primary City Suttons Bay

Directions From Traverse City north on M-22 to west (left) on Shady Lane 1/2 mile to subject property on south side of road.

City Suttons Bay

Financial Terms Cash Commercial Loan

Legal Description Includes tax numbers: 45-001-029-002-00; 45-001-029-001-00; 45-001-029-001-08; 45-002-009-001-10 for a total of 171.57 acres.

DOM 357

Postal Code 49682

Price Per Sq Ft Total AG 195.22

Public Remarks Nestled amidst the scenic splendor of the Leelanau Peninsula in Northern Michigan

Exterior

Exterior Frame Steel Stone Wood

Lot Size Area 171.57

Lot Dimensions Irreg

Interior

Fuel Type Electric LP/Propane Gas

* Excluded Features

List By

Doug Meteyer

Listing Agent

Keller Williams Northern Michigan

Broker

doug@dougmeteyer.com

Affordability Calculator

$31,193

Per Month

Monthly Principal & Interest: $31,193
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Suttons Bay, MI

Average List Price ^$2,053,589

Percent of Sale Price 59%

About Suttons Bay, MI

635 Population

3% Since 2002

^$58,542 Median Income

50.95 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/12/2024	$5,000,000		Listed Price

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9580 E Shady Lane, Suttons Bay, MI, 49682 is a Commercial Property for sale at $5,000,000 with 25,612 sqft and a lot size of 171.57. 9580 E Shady Lane was built in 1987. The property's zip code is 49682 which is in Suttons Bay, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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9580 E Shady Lane

Commercial Property for sale in Suttons Bay, MI

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