127 River Street Elk Rapids, MI $ 220,000
127 River Street
$ 220,000
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127 River Street

Elk Rapids, MI, 49629
$ 220,000
Bedrooms-- Baths-- Sq 2,947

Monthly Estimate*

$ 1,373

127 River Street, Elk Rapids, MI 49629 - Image 1
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Commercial Property for sale in Elk Rapids, MI

for $220,000. This 2,947 square foot building was built in 1910 on a lot size of 0.12.

Business Only Sale: Discover a remarkable business opportunity with the River Street Market, an established business now available for sale. Located in the bustling downtown Elk Rapids shopping district, this business is a known destination for its delicious sandwiches, wraps, and pizza, drawing in both local residents and visitors. The market also offers a wide selection of wines, liquors, and beers, along with a variety of specialty items. This sale includes the package liquor license, which opens doors for expansion into delivery, catering, and on-site tastings. Its prime location near beaches, marinas, and tennis courts ensures a consistent flow of customers. The current owners are committed to a seamless transition and are willing to negotiate a separate triple net (NNN) lease for the space. Fantastic chance to acquire a flourishing business with substantial growth potential. For information on Elk Rapids Village Zoning Codes, please visit www.elkrapids.org/planning-zoning. Showings are by appointment only. To maintain business operations, please refrain from discussing this listing with the employees. Business and real estate can purchased together, please see MLS 1929268 for details.

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Commercial Pending

Price

$ 220,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial/Industrial

Lot Size

0.12

Year Built

1910

Town/City

Elk Rapids

County/Region

Antrim

MLS | Web ID

80015956

Features
General
Heating Forced Air
Possession Negotiable (Possession)
Water Public Water
Status Pending Pending
Year Built 1910
Subdivision Plat Of The Elk Rapids Village MI
County Antrim
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name The River Street Market
Ownership Private
Municipality Elk Rapids Twp
Section 21
Zoning Commercial Other
Sale/Rent For Sale
Status Detail 0
Commercial Features ADA Accessible Bath Security Syetem Owned
Area Elk Rapids Twp (05006)
Primary City Elk Rapids
Directions From Traverse City North on US 31 to Elk Rapids. Left on River Street. Destination is on the left in downtown Elk Rapids. Building is light green.
City Elk Rapids
Financial Terms Cash Commercial Loan
Legal Description LOT 4 EXC THE E 38 FT ALSO E 16 FT 4 IN OF LOT 5 PLAT OF THE VILL OF ELK RAPIDS
DOM 581
Postal Code 49629
Price Per Sq Ft Total AG 74.65
Public Remarks Business Only Sale: Discover a remarkable business opportunity with the River Street Market
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Exterior
Exterior Other Vinyl Siding Wood
Lot Size Area 0.12
Lot Dimensions 44 X115
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Interior
Fuel Type Electric Natural Gas
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* Excluded Features
List By
Deirdre Carroll

Listing Agent

Century 21 Northland

Broker

deirdre.carroll@c21northland.com

Email

Affordability Calculator

$1,373
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,373
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/24/2025$220,000 Listed Price

Map


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127 River Street, Elk Rapids, MI, 49629 is a Commercial Property for sale at $220,000 with 2,947 sqft and a lot size of 0.12. 127 River Street was built in 1910. The property's zip code is 49629 which is in Elk Rapids, MI