MLS#1939910
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONMI
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.
Property Features
Property Type: Commercial - Business
Basement: Partial
Lot Size: 0.18 Acres
Roof Type: Membrane
Year Built: 1925
Feature Descriptions
Business Included: No
Construction: Brick
Days on Site: 129
Exterior: Brick
Heating/Cooling: Forced Air, Central Air
Lot Dimensions: ~67'x114'
Parking: Paved, Street Parking
Present Use: Restaurant/Food Service
Road: Public Maintained
Sewer: Municipal
Water: Municipal Water
Waterfront Type: No
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Schmidt Traverse City
Agency Phone: 231-922-2350
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
151 River Street | MLS# 1939910
This commercial property located at 151 River Street, Elk Rapids, MI 49629 is currently listed for sale with an asking price of $1,224,000. Search Elk Rapids real estate on www.ikeyrealty.com today.