151 River Street new

Elk Rapids Twp,MI 49629

$ 1249000

0 Bed

- Bath

5580 SqFt


Key Details

Property Type Commercial

Sub Type Business Opportunity

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

Lot Dimensions ~67'x114'

Property Sub-Type Business Opportunity

Source Aspire North REALTORS®

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 Elk Rapids Twp

Zoning Commercial

Interior

Heating Forced Air,Central Air

Heat Source Natural Gas

Exterior

Accessibility Disabled Access

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Elk Rapids

Others

Tax ID 054301001700

Ownership Private Owned

Acceptable Financing Cash,Other

Listing Terms Cash,Other

Financing Cash,Other

Special Listing Condition Unknown/Data Share Listings

View More
Favorite Go Tour