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Elk Rapids, MI 49629,127 River Street
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Elk Rapids, MI 49629,127 River Street
Elk Rapids, MI 49629,127 River Street
Elk Rapids, MI 49629,127 River Street
Elk Rapids, MI 49629,127 River Street
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Tricia Boerma

Tricia Boerma

+1(989) 560-5779
Listed by Deirdre Carroll • CENTURY 21 Northland
$ 794,000
Est. payment /mo
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Price Dropped by $5K

127 River Street Elk Rapids, MI 49629

2,947 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,947 sqft

Price per Sqft $269

Subdivision Mi

MLS Listing ID 1932738

Year Built 1910

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 44X116

Property Sub-Type Retail/Commercial

Property Description

Seize a unique investment opportunity in downtown Elk Rapids! The beloved River Street Market, is for sale. This successful business is known for its delicious food offerings, including sandwiches, wraps, and pizza, along with a wide selection of beverages and specialty items. The market's prime location in a bustling shopping district ensures a steady flow of customers, from both the community and tourists. The sale includes a valuable package liquor license, which opens the door to multiple growth opportunities such as delivery, catering, and on-site tastings. The business benefits from its proximity to popular attractions, including beaches, marinas, and tennis courts, providing consistent foot traffic. The property itself, a captivating 1910 storefront with original hardwood floors, was thoughtfully updated in 2023 to offer the perfect blend of historic charm and modern functionality. Its highly visible and accessible location offers exceptional potential for a new owner. This is an ideal opportunity for an entrepreneur looking to acquire a thriving business and property in a desirable community with a strong local economy.For information on Elk Rapids Village Zoning Codes, please visit www.elkrapids.org/planning-zoning. Showings are by appointment only. To maintain business operations, please refrain from discussing this listing with the employees. Business can purchase alone with lease option, please see MLS 1920593 for details.

Location

State MI

County Antrim

Zoning Other,Commercial

Rooms

Basement Crawl Space, Slab

Interior

Heating Forced Air, Central Air, Ductless A/C

Cooling Forced Air, Central Air, Ductless A/C

Exterior

Exterior Feature Vinyl, Wood

Roof Type Membrane

Present Use Restaurant/Food Service,Retail Store,Convenience Store

Road Frontage Public Maintained, Blacktop

Building

Sewer Municipal

Water Municipal Water

Others

Tax ID 05-43-010-008-00

Ownership Private Owner

Acceptable Financing Commercial Loan, Cash, 1031 Exchange

Listing Terms Commercial Loan, Cash, 1031 Exchange

agent

Tricia Boerma

Broker

+1(989) 560-5779

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127 River Street