201 River Street, Elk Rapids, MI 49629
201 River Street, Elk Rapids, MI 49629
201 River Street, Elk Rapids, MI 49629
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Catherine McMurray

Catherine McMurray

+1(586) 291-1492
$1,200,000
Est. payment /mo
8,355 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 8,355 sqft

Price per Sqft $143

Subdivision Mi

MLS Listing ID 80066177

Year Built 1924

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 69x115.6

Property Sub-Type Commercial/Industrial

Property Description

Prime Mixed-Use Historic Property | Downtown Elk Rapids Secure a cornerstone of Elk Rapids history with this versatile mixed-use asset. This 8,355-square-foot building is strategically located on the active River Street corridor, offering high-visibility retail and premium residential components. *Property Highlights: • Lower Level: ±4,000 sq. ft. of versatile retail space and two dedicated office suites. • Upper Level: Two modern, fully renovated residential units with elevator access. Units are designed with an interconnecting door for flexible leasing configurations. • Investment Stability: Most of the current tenants are on month-to-month leases, allowing for seamless transition or market-rate adjustments. • Transparency: Full financial disclosures (P&L and Rent Roll) provided upon signed NDA. *Viewing Information: View the Interactive Floor Plan for a realistic view of the interior. All physical tours must be scheduled through the listing agent.

Location

State MI

County Antrim

Area Elk Rapids Twp (05006)

Zoning Professional Office,Commercial

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Roof Type Asphalt

Building

Water Public Water

Structure Type Brick,Frame,Wood

Others

Ownership Private

Energy Description Electric,Natural Gas

Financing Cash,Commercial Loan,Conventional,Exchange/Trade

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by REO-TCFront-233021

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Catherine McMurray

Catherine McMurray

+1(586) 291-1492

Agent | License ID: 6501395313

Agent License ID: 6501395313

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