10
See all 10 photos
$794,000
Est. payment /mo
2,947 SqFt
Pending
127 River ST Elk Rapids, MI 49629
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Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 2,947 sqft
Price per Sqft $269
Subdivision Plat Of The Elk Rapids Village
MLS Listing ID 78080056074
Year Built 1910
Lot Size 5,227 Sqft
Acres 0.12
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 Area88111Elkrapidstwp
Interior
Heating Electric, ForcedAir, NaturalGas
Cooling CentralAir
Fireplace No
Exterior
Parking Features ParkingLot
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Building
Foundation CrawlSpace, Slab
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Elkrapids
School District Elkrapids
Others
Acceptable Financing Cash, Other, Trade1031Exchange
Listing Terms Cash, Other, Trade1031Exchange
Special Listing Condition Standard
©2025 Realcomp II Ltd. Shareholders
Listed by Deirdre Carroll of Century 21 Northland
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