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Price: $549,000.00Listing # 1945394 Address 144 River Street City: Elk Rapids State: MI Zip: 49629 Square Ft.: 2953 Acres: 0
Located in the heart of downtown Elk Rapids, this rare mixed-use opportunity offers both commercial and residential potential within a historic and character-filled building. Unit #1 features a versatile commercial space currently occupied with potential to re-sign the lease in the fall, along with a charming garden studio apartment (currently rented month to month at $695) and valuable lower-level storage space, creating flexibility for owner-occupants, investors, or entrepreneurs alike. Offered at $549,000, the property is zoned B2, allowing for short-term rentals and a variety of commercial and residential uses. Rich in character, the building showcases timeless architectural details and enjoys an unbeatable downtown location just steps from local shops, restaurants, the marina, and the beach. A unique investment opportunity in one of Northern Michigan’s most vibrant waterfront communities.
Basic Features: Acres: 0 Area: Antrim Type: Commercial Sale Square Ft: 2953
Additional Features: Basement: Business Included: Retail Business Name: n/a Construction: Frame,Brick Current Zoning: Commercial Dimensions: Directions: From US-31 in Elk Rapids, turn east onto River Street. Continue through downtown approximately 0.2 miles to 144 River Street. Property will be on the left. Days On Market: 7 Days On MLS: 7 Financing: Floor Type: Heating: Forced Air,Natural Gas Cooling: Licenses: None Location: Interior Lot Lot: Documents: Agency Disclosure Possession: Negotiable Property Status: Active Road Frontage: Roofing: Membrane For Sale Or Lease: Commercial Sale Township: Elk Rapids Waste: Public Sewer Water: Public Year Built: 1900 Zoning: Commercial Listing courtesy of REO-TCRandolph-233022 521 Randolph St Traverse City, MI 49684 |
