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31699313
31699315

128 River Street, Elk Rapids, MI 49629, Elk Rapids, MI 49629

DC
MI MI6506047900
Century 21 Northland Traverse City
Listed by Century 21 Northland Traverse City
$1,305,000
50 days on market
Updated 48 days ago

Mullaly’s 128 Gallery

Details
APN 05-43-250-013-00
Property Type Mixed Use, Retail
Sub Type Storefront
Square Footage 4,564
Units 2
Occupancy 100%
Price per SqFt $286
Broker Co-Op Yes
Year Built 1948, 1990
Year Renovated 1990
Buildings 1
Stories 2
Lot Size (SqFt) 3,267
Zoning Commercial
Ownership Private

Iconic downtown gallery and residence offering rare live-work potential just steps from the harbor.

Marketing description

Rare opportunity to acquire a landmark mixed-use property in the heart of downtown Elk Rapids, Michigan, conveniently located near the

harbor. Originally constructed circa 1948 as a bank, this distinctive building retains its historic character, including the original vault, and

is now home to the long-standing Mullaly’s 128 Gallery. The gallery features the work of over 200 fine artists and craftsmen from

across North America, including pieces by the late Bill Mullaly, and offers an impressive collection of pottery, jewelry, original paintings,

wood, glass, and other mixed media. Well known among both locals and visitors, the gallery has earned a reputation for its “Outstanding

Glass” and one-of-a-kind artistic offerings. The upper level includes a thoughtfully designed owner’s residence added by the current

owner, offering flexible living space with a generous primary suite featuring a jetted tub and walk-in closet, a large guest bedroom, and a

den suitable for a variety of uses, including a potential non-conforming third bedroom. One wood-burning fireplace is located within the

residence, while a second adds character and ambiance to the gallery addition. The residence also features a spacious private deck,

ideal for outdoor living, with views toward the harbor. Additional amenities include a two-car garage and a fenced outdoor area. This

offering includes both the real estate and the business, presenting a unique opportunity in a prime downtown location. Inventory will be

transferred via a separate bill of sale. To maintain privacy and professional standards, the property is shown by appointment only.

Prospective buyers can review local zoning details via the Elk Rapids Village website to explore the full potential of this location.

Listing Contacts

DC
MI MI6506047900
Century 21 Northland Traverse City
Listed by Century 21 Northland Traverse City

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Additional Information

Name
Deirdre Carroll
License
MI6506047900
Brokerage Phone
231-929-7900
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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