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32684557
32684537

130 RIVER ST, ELK RAPIDS, MI 49629 For Sale

DC
MI MI6506047900
Century 21 Northland Traverse City
Listed by Century 21 Northland Traverse City
$899,900
13 days on market
Updated 13 days ago

130 RIVER ST ELK RAPIDS MI 49629

Details
APN 05-43-250-011-00
Property Type Retail
Sub Type Bank, Storefront
Square Footage 1,437
Units 1
Tenancy Vacant
Broker Co-Op True
Class B
Year Built 1900
Buildings 1
Stories 1
Lot Size (SqFt) 3,286
Zoning commercial
Parking Spaces 3 spaces
Parking per 1,000 SqFt 2.09
Investment Type Redevelopment
Ground Lease No
Ceiling Height 14
Ownership Private
Sale Condition N/A

Historic Downtown Elk Rapids Landmark Near Marina & Waterfront

Marketing description

Position your business or investment in one of Northern Michigan's most desirable downtown districts. Located in the heart of downtown Elk Rapids, this historic commercial building offers exceptional visibility just steps from the marina, waterfront, shopping, dining, and year round community activity. Originally constructed in 1900 as a bank, this prominent corner property offers 1,437 square feet on a 0.08 acre parcel and combines historic character with future opportunity.

Exposed brick walls, hardwood floors, and tile flooring showcase the building's original craftsmanship while creating an inviting space for a variety of commercial uses. The flexible layout provides an excellent opportunity for retail, professional office, gallery, boutique, specialty service, or other permitted commercial ventures. Buyers seeking additional value may also wish to explore redevelopment possibilities, including the potential for a mixed use concept with residential space above, subject to municipal approval and zoning requirements.

The combination of corner frontage, strong visibility, and a highly walkable downtown location creates an opportunity to establish a business, expand an investment portfolio, or reposition the property to meet future market demand. The sale includes the real estate only. Showings are available by appointment to respect the privacy of the current business operations. Buyers are encouraged to review zoning and permitted uses through the Village of Elk Rapids to fully evaluate the property's development potential.

Listing data including but not limited to, year built, measurements, square footage, acreage, & supplemental documents have been obtained via third-party sources and/or the seller. Information accuracy is deemed reliable but is not guaranteed. The purchaser and/or their designated agent should make independent verification before closing.

Investment highlights

  • 1,437 square feet
  • 0.08 acres
  • High visibility
  • Near the marina, waterfront, shopping, dining, and year round community activity
  • Layout may support a mixed use concept with potential residential space

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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