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$ 1,249,000
Est. payment /mo
Active
151 River ST Elk Rapids, MI 49629
5,580 SqFt
UPDATED:
Key Details
Property Type Commercial
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
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 Area88111Elkrapidstwp
Interior
Heating ForcedAir, NaturalGas
Cooling CentralAir
Fireplace No
Exterior
Utilities Available NaturalGasConnected
View Y/N No
Building
Foundation Basement
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Elkrapids
School District Elkrapids
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition Standard
©2025 Realcomp II Ltd. Shareholders
Listed by Alex MacKenzie of Coldwell Banker Schmidt Traver
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