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
Status Active

Community Information

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

Amenities

Parking Common, Parking Lot, On Street
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air, Ductless, Electric, Multi Units
Has Basement Yes
Basement Crawl Space
Fireplace No

Exterior

Lot Description Interior Lot
Roof Membrane
Construction Other, Vinyl Siding, Wood Siding
Foundation Slab

Additional Information

Days on Market 142
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeCENTURY 21 Northland

Listing Map

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