About 151 River Street
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.
Features of 151 River Street
| MLS® # | 1939910 |
|---|---|
| Price | $1,249,000 |
| Bathrooms | 2.00 |
| Square Footage | 5,580 |
| Acres | 0.18 |
| Year Built | 1925 |
| Type | Commercial |
| Sub-Type | Hospitality |
| Status | New |
| Association | N/A |
Community Information
| Address | 151 River Street |
|---|---|
| Subdivision | N/A |
| City | Elk Rapids |
| County | Antrim |
| State | MI |
| Zip Code | 49629 |
Amenities
| Utilities | Municipal Water |
|---|---|
| Features | Security System, Sprinkler System, Furniture/Fixtures, Other |
| Parking | Paved, Street Parking |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Heating | Natural Gas,Forced Air,Central Air |
|---|---|
| Has Basement | Yes |
| Basement | Partial |
| Fireplace | No |
Exterior
| Exterior Features | Brick |
|---|---|
| Lot Description | ~67'x114' |
| Roof | Membrane |
| Construction | Brick |
Additional Information
| Date Listed | October 24th, 2025 |
|---|---|
| Zoning | Commercial, Restaurant/Food |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | 250 |
|---|