MI > Leelanau > Suttons Bay > 102 Broadway

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102 Broadway Map / directions

Suttons Bay, MI

49682 Market info

$1,474,500

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  • MLS# 1885012
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800-871-9992

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248-208-3883

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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.

Property Information

Status
Active 
Address
102 Broadway 
City
Suttons Bay 
Zip
49682 
Year Built
1950 
Listing Date
03/15/2021 
County
Leelanau 
Possession
At Closing,Nego 
Parking
Common,Parking Lot 
Price/SqFt
641.09 

Taxes

Summer Taxes
$6,554 
Winter Taxes
$1,778 

Features

Current Use
Restaurant/Food Service,Retail Store 
Features
Furniture/Fixtures, Security System 
Zoning
Commercial, Restaurant/Food, Retail 
Water
Municipal Water 
Sub Property Type
Hospitality 
Licenses
Food 
Exterior Features
Block 
Cooling
Forced Air, Natural Gas 
Heating
Forced Air, Natural Gas 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1885012 Jun 29 2021 4:17PM $1,474,500 $1,549,500 139
1885012 Apr 8 2021 3:30PM $1,549,500 $1,550,000 139
1885012 Active Mar 15 2021 4:27PM $1,550,000 139
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

800-871-9992

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MITAAR Logo

Listing Courtesy of Cygnus Real Estate
Office Address 508 N. Saint Joseph PO Box 991

Real Estate One Family of Companies

102 Broadway Suttons Bay
Contact us
$1,474,500
For Sale • Acres: 0.0 • Zoning: Commercial,Restaurant/Food,Retail