Active U/C Taking Backups

201 River Street

Elk Rapids MI, 49629

$1,350,000


$161.58 per sqft

Active U/C Taking Backups

8,355 sqft

Commercial

Built in 1924

Own a piece of historic Elk Rapids! This fantastic opportunity is located in the heart of downtown Elk Rapids and has endless possibilities. The building has two residential units, two office spaces that are currently occupied month to month and a large retail space that is both also occupied month to month and another portion a renewable 1-year lease. There is an elevator in the building allowing the residential units to be accessible. The residential units are completely updated! Please note renderings in associated documents. Changes are on the way. Designs for additional rental units are in Rendering 1. Rent Roll and P/L are available with a signed NDA. Agent must be present for all showings.

1913416

MLS ID

July 15, 2023

Listed

May 9, 2024

Updated

Map

201 River Street
Elk Rapids MI, 49629

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.18 Acres


Exterior Features

Wood, Brick


Roof

Asphalt, Membrane


Sewer

Municipal

School Information

School District

0

Other Property Details

Area Name

Antrim


Days on Market

262


Garage

No


Parking

Street Parking, Other


View

No


County

Antrim


Municipality

Elk Rapids


Water Source

Municipal Water


Pool

No


Zoning

Industrial,Commercial


Buyer Agency Compensation

3%

Green Building Features

Green Features

Not Applicable

Listing History

Date

Event

Price

12/13/2023

Active

10/2/2023

Under Contract

Listed by Erica Marshall with REO-TCFront-233021
Listing Contact: 231-947-9800 

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 5/9/2024 at 10:37 AM UTC

 

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