127 River Street, Elk Rapids, MI

$794,000

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2,947

Square feet

0.12

Acres

About 127 River Street

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.

Features of 127 River Street

MLS® # 1932738
Price $794,000
Square Footage 2,947
Acres 0.12
Year Built 1910
Type Commercial
Sub-Type Retail/Commercial
Status Active
Association Plat Of The Elk Rapids Village

Community Information

Address 127 River Street
Subdivision Plat Of The Elk Rapids Village
City Elk Rapids
County Antrim
State MI
Zip Code 49629

Amenities

Utilities Municipal Water
Features Security System
Parking Common, Parking Lot, Street Parking
Is Waterfront No
Has Pool Yes

Interior

Heating Natural Gas,Electric,Mutiple Units,Forced Air,Central Air,Ductless A/C
Has Basement No
Basement Crawl Space, Slab
Fireplace No

Exterior

Exterior Features Vinyl, Wood
Lot Description 44X116
Windows Not Applicable
Roof Membrane
Construction Other

Additional Information

Date Listed April 22nd, 2025
Days on Market 142
Zoning Other, Commercial
Short Sale No
RE / Bank Owned No

Listing Details

Office799

Listing Map

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