127 River Street, Elk Rapids, MI 49629
127 River Street, Elk Rapids, MI 49629
127 River Street, Elk Rapids, MI 49629
$734,000
Est. payment /mo
$794,000
7.6%
Est.Price: ?

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2,947 SqFt
SOLD DATE : 12/16/2025

Key Details

Sold Price $734,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,947 sqft

Price per Sqft $249

Subdivision Mi

MLS Listing ID 80056074

Sold Date 12/16/25

Year Built 1910

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 44X116

Property Sub-Type Commercial/Industrial

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

Area Elk Rapids Twp (05006)

Zoning Commercial,Other

Interior

Heating Forced Air

Cooling Central A/C

Exterior

Parking Features Parking Lot

Building

Foundation Crawl, Slab

Water Public Water

Structure Type Other,Vinyl Siding,Wood

Others

Ownership Private

Energy Description Electric,Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Commercial Loan,Exchange/Trade

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Century 21 Northland
Bought with Century 21 Northland

Nearby Locations

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Catherine McMurray

Catherine McMurray

+1(586) 291-1492

Agent | License ID: 6501395313

Agent License ID: 6501395313

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