Sale Brochure 1

Home , 45th parallel north

Carole Higgins—Broker [email protected] 231.633.2577 OfferedOffered ForFor SaleSale 45th45th ParallelParallel CaféCafé // CandyCandy WorldWorld 102,102, 104104 Broadway,Broadway, SuttonsSuttons Bay,Bay, MIMI 4968249682

102 & 104 Broadway, Suons Bay, MI 49682 Allington Commerce Condos Unit 3. Space: 2600 sq P D: L I: Incredible visibility, situated among other high traﬃc businesses.

 Zoned commercial. Township Suons Bay  Business consists of family oriented restaurant and retail shop. County Leelanau  Sale includes business and real estate. Cross Streets M‐22 & Broadway  Parking available onsite and off-street. Average Daily Traﬃc 8000 autos/day‐annual average  Direct TART Trail access. Orientaon Corner unit facing south  Outdoor seating available. Village Locaon South end just entering village P S:

Use Restaurant and Retail T

Building Type Single Story Commercial Tax ID 043‐110‐003‐00 Construcon Block & Wood Frame 2020 Assessed Value $200,980.00 Exterior Stucco 2020 SEV $200,980.00 Foundaon Poured concrete slab 2019 Taxable Value $200,980.00 Roof Membrane 2020 Summer Tax $6,553.98 Water/Sewer Municipal 2020 Winter Tax $1,178.79 Parking Lot Asphalt blacktop 2020 Village Tax $1842.92 Heang/Cooling Natural Gas/HVAC Total Building Size 10,000 sq COA Yes O P:

$1,550,000

www.CygnusRealEstate.com Carole Higgins—Broker [email protected] 231.633.2577 OfferedOffered ForFor SaleSale 45th45th ParallelParallel CaféCafé // CandyCandy WorldWorld 102,102, 104104 Broadway,Broadway, SuttonsSuttons Bay,Bay, MIMI 4968249682

G M V W “45 ?”

The 45th parallel north is a circle of latude that is 45 degrees north of Earth's equator. It crosses Europe, Asia, the Paciﬁc Ocean,

North America, and the Atlanc Ocean. The 45th parallel north is oen called the half‐ way point between the equator and the North Pole, but the true halfway point is 16.0 km (9.9 mi) north of it because Earth is an oblate spheroid; that is, it bulges at the G S V equator and is ﬂaened at the poles.[1] None the less the 45th parallel north runs through Suons Bay, and that is where the café takes it name from.

At this latude, the Sun is visible for 15 hours 37 minutes during the summer sol‐ sce, and 8 hours 46 minutes during the winter solsce. The midday Sun stands 21.6° above the southern horizon at the Decem‐ ber solsce, 68.4° at the June solsce, and exactly 45.0° at either equinox.

G S V

2020 T C Broadway + M‐22 average annual traffic count is 8000+ cars per R E M day. The Dec 12, 2020 issue of the Traverse City Ticker lead arcle pro‐ L P G claimed, “What Crisis? Traverse City’s Real Estate Market Connues Boom.” In fact by all accounts the real estate market connues to be Note: 2020 and 2021 data is projected from 2019. Due to COVID‐ very strong creang a shortage of available inventory. Overall, the total 19 there has been a noceable influx of new residents from units of residenal property sold was up 21%. Total volume of sales large cies so 2020 and 2021 esmates are lower than ancipat‐ (dollar amount) was up over 48% owing to the fact that we connue to ed actual numbers. see housing prices in most of the five (5) up‐north counes increase by double digits year over year. Average home costs in Grand Traverse Year Populaon Growth Growth Rate county topped $386,056 in 2020. Average home costs in Leelanau 2021 21,855 47 0.22% county saw increases to $563,985, Antrim county homes averaged $389,073 and Benzie county saw average sales prices of $313,122. 2020 21,808 47 0.22% Due to the ongoing pandemic and the associated necessity for many 2019 21,761 47 0.22% workers to tele‐commute we are seeing a renaissance in terms of inter‐ 2018 21,714 69 0.32% est in living in smaller more isolated communies. While North‐ 2017 21,645 138 0.64% 2016 21,507 ‐126 ‐0.58% 2015 21,633 37 0.17% 2014 21,596 118 0.55% 2013 21,478 99 0.46% 2012 21,379 ‐49 ‐0.23% 2011 21,428 ‐291 ‐1.34% Western Michigan has proven to be a red hot popular desnaon for potenal residents of all ages, Suons Bay and the Leelanau peninsula 2010 21,719 5,192 31.42% have been special favorites parcularly because of the large number of 1990 16,527 2,520 17.99% mid‐westerners that have spent a lifeme vising here. The opportuni‐ 1980 14,007 3,135 28.84% ty to become a full me resident and partake of all the fun the area has to offer has been a big draw. The Suons Bay community is a year 1970 10,872 1,551 16.64% round community unlike some of the other villages on the peninsula 1960 9,321 674 7.79% which simply adds to the charm and the draw, which in turn adds the potenal for this restaurant offering to not only survive but to thrive and grow as the community around it grows.

T G Naonal Cherry Fesval The Naonal Cherry Fesval is a fesval in Traverse City, Michi‐ Traverse City's tourism industry is a major contributor to the gan. Every year more than 500,000 aendees enjoy the Naonal area's economy and connues to show strong growth ‐ gener‐ Cherry Fesval, which has been an annual tradion for 93 years. ang increased spending, employment and an enhanced quality of life for local residents, according to a study conducted by An‐ Traverse City Film Fesval derson Economic Group of East Lansing which was released this week by Traverse City Tourism. The Traverse City Film Fesval is an annual film fesval held at the end of July in Traverse City, Michigan. The mission of the According to the study: Fesval is to show "Just Great Movies" that represent excellence In 2012 over 3.3 million visitor trips were made to the Traverse in filmmaking, parcularly those rare independent films and doc‐ City area umentaries by both noted and new filmmakers, that do not re‐ These visitor trips resulted in $1.18 billion in direct spending to ceive mainstream distribuon. our area businesses Desnaon Weddings Tourism is responsible for creang and maintaining nearly 12,000 jobs in the Traverse City area represenng nearly 30 per‐ The Traverse City area has dozens of wedding venues which cent of our areas employment bring thousands if not tens of thousands of guests from early May to late October. Tourism generated more than $1.23 billion in economic acvity for the Traverse City area Vineyard/Brewery/Cider Tours

Almost $67 million in sales tax revenue was generated from The Traverse City area has a big reputaon for wine, beer, ciders tourism for the State of Michigan and other alcohol. Those ﬁgures reﬂect a growth rate of some 4.5 percent per year  40 or more local vineyards. in the economic contribuon made by Traverse City’s tourism  22 micro-breweries in the area economy since 2006, when a similar study showed a total eco‐ nomic impact of $937 million.  10 Cideries call this portion of the lower peninsulas home  2 Micro-Distilleries

T V

Sleeping Bear Dunes Naonal Lakeshore

Sleeping Bear Dunes has counted 1,697,940 recreaon visitors in 2020, through the end of November. By comparison, the park saw 1,570,001 visitors in all of 2019.

S B

Suons Bay is located about 30 miles north of Sleeping Bear Dunes Naonal Lakeshore, midway up the eastern shore of the Leelanau Peninsula.

It has a quality all on its own, with Michigan wine country tours, nature ride trails and a historic shopping district. There's plenty of acvies year‐round in Suons Bay.

Whether coming by boat or car, the rolling landscapes and tur‐ quoise waters provide a stunning backdrop for a whole host of acvies. There is something special for everyone.

www.CygnusRealEstate.com 45th Parallel Café & Candyworld Reviews

Bryan Jennings says , The wait to get in was worth it! Hung out in the candy store in the adjoining building. Staﬀ was very friendly and service was excellent. Food choices were relatively standard with a few house specialists [sic] Food presentation was perfect, ﬂavors fresh and delicious . House made salsa and bread/toast really stands out and was a great compliment to the entire meal. Fall 2020

George Bishton says, great food, wonderful aached fudge and novelty candie shop. Try the pumpkin pan- cakes. Fall 2020