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- LoopNet Team
102 W Broadway St
Suttons Bay, MI 49682
Office Property For Sale
Investment Highlights
- Prime location in a tourist destination village, charming patio located on major thoroughfare around the Leelanau Peninsula
Executive Summary
The well loved 45th Parallel Cafe and its candy shop- The Candy World- are offered for sale. The restaurant has operated in the same location under the same ownership for 24 years. The businesses are anchors in the community of Leelanau county Michigan, frequented by locals and tourists alike. Located at one of the busiest intersections in the entire county in Suttons Bay, (the hub of the county) these businesses have consistently produced strong income from the deceptively small footprint. The Allington Commerce Condos houses another restaurant and the Suttons Bay Post Office. The competing restaurant currently only has overlap on lunch; it is open for lunch and dinner and the 45th is a breakfast & lunch spot. From this vantage point the restaurant can only grow. Current owners are willing to stay on and train new owners.
PROPERTY FACTS
| Property Type | Year Built/Renovated | 1960/1996 | |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.41 AC | Parking Ratio | 5.22/1,000 SF |
| Rentable Building Area | 2,300 SF | APN / Parcel ID | 043-110-003-00 |
| No. Stories | 1 |
| Property Type | |
| Building Class | C |
| Lot Size | 0.41 AC |
| Rentable Building Area | 2,300 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/1996 |
| Tenancy | Single |
| Parking Ratio | 5.22/1,000 SF |
| APN / Parcel ID | 043-110-003-00 |
Amenities
- Restaurant
- Security System
- Signage
- Air Conditioning
zoning
| Zoning Code | C-1 (The building is divided into multiple office condos. Zoning is commercial retail allowing a variety of uses however, COA dictates must be restaurant) |
| C-1 (The building is divided into multiple office condos. Zoning is commercial retail allowing a variety of uses however, COA dictates must be restaurant) |
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