73 W Fourth St
Suttons Bay, MI 49682
Property For Lease

Positioned in the heart of Suttons Bay’s charming downtown corridor, 71 W 4th St offers a rare opportunity to own a versatile commercial property in one of Northern Michigan’s most vibrant lakeside communities. This freestanding building sits just steps from M-22 and the waterfront, surrounded by boutique shops, restaurants, galleries, and year-round tourism activity. The property’s Village Commercial zoning allows for a wide range of uses including retail, office, service, and residential conversion, making it ideal for owner-users, investors, or developers seeking a foothold in Leelanau County. Estimated property taxes and all expenses paid by the tenant under a NNN lease are 50% of the total - As of 2024, here is the estimated breakdown/annual cost of utilities: property insurance is $2,000/year, Consumer's Energy is $831.26/year, DTE Energy is $446.81/year, GFL/garbage pick up is $498.46, and Association Dues are $893.14/year. Owner is open to sub dividing the space depending on terms. Any lease will include a CPI annual rent increase of 2% annually.