Elk Rapids, MI 49629,151 River ST
Elk Rapids, MI 49629,151 River ST
Elk Rapids, MI 49629,151 River ST
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$1,249,000
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5,580 SqFt
Active

151 River ST Elk Rapids, MI 49629

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,580 sqft

Price per Sqft $223

MLS Listing ID 78080063139

Year Built 1925

Lot Size 7,840 Sqft

Acres 0.18

Property Description

Prime 5,580 SF single-tenant restaurant building located in the heart of Downtown Elk Rapids. This recently remodeled property features a high-end commercial kitchen, quality interior finishes, and a welcoming outdoor patio area. The inside can accommodate ~100+ guests between dining room and bar seating, and a beautiful patio out front features seating for about 40 more. Positioned along River Street, the town’s main commercial corridor, it offers excellent visibility and foot traffic. The layout supports full-service dining with an efficient back-of-house design, making it ideal for an owner/operator or investor seeking a premium hospitality property. Street parking is available directly in front, with additional public parking nearby. FF&E and liquor license are available and may be negotiated separately. This is a rare opportunity to acquire a fully equipped, turn-key restaurant property with outdoor dining in one of Northern Michigan’s most desirable downtown markets.

Location

State MI

County Antrim

Area Area88111Elkrapidstwp

Interior

Heating Forced Air, Natural Gas

Cooling CentralAir

Fireplace No

Exterior

Utilities Available NaturalGasConnected

View Y/N No

Building

Foundation Basement

Sewer Public Sewer

Water Public

New Construction No

Schools

High Schools Elk Rapids

School District Elkrapids

Others

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Special Listing Condition Standard


Realcomp MLS
Listed by Alex MacKenzie of Coldwell Banker Schmidt Traver

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Ron Otto

Ron Otto

Agent | License ID: 6501430575

+1(989) 370-1245

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151 River ST