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201 River Street Elk Rapids, MI $ 1,200,000
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201 River Street
$ 1,200,000
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201 River Street

Elk Rapids, MI, 49629
$ 1,200,000
Bedrooms-- Baths6.0 Sq 8,355

Monthly Estimate*

$ 7,486

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View a Virtual Tour

Commercial Property for sale in Elk Rapids, MI

for $1,200,000 with 6 full baths. This 8,355 square foot building was built in 1924 on a lot size of 0.18.

Own a piece of historic Elk Rapids! This fantastic opportunity has endless possibilities in the heart of downtown. The building has two residential units on the upper floor, two office spaces, and approximately 4,000 sq. ft. of retail space on the lower level. There is an elevator in the building allowing access to the upper floor. The residential units are completely updated. These units connect, so they may be combined for renting. All leases are currently month-to-month. Rent Roll and P/L are available with a signed NDA. Agent must be present for all showings. Please see the interactive floorplan for a realistic virtual tour

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Commercial Active

Price

$ 1,200,000

Full Bath

6

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.18

Year Built

1924

Town/City

Elk Rapids

County/Region

Antrim

MLS | Web ID

1941161
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air Ductless Electric Multi Units
Possession Within 30 Days Subject To Tenant Rights
Roof Asphalt Membrane
Construction Materials Brick Frame Wood Siding
Year Built 1924
Township Elk Rapids
Property Subtype Mixed Use
Business Type Professional/Office Retail
Accessibility Accessible Elevator Installed
Assoc Fee Paid Per Annually
Business Name None
County Antrim
New Construction N
Property Type Commercial Sale
Attached Garage N
Energy Efficient Not Applicable Appliances
Subdivision Name Village of Elk Rapids
Garage Y/N N
Building Features 12ft Ceiling Height
Green Water Conservation Not Applicable
Rent Includes None
Status Active
Directions US 31 to Village of Elk Rapids to west on River St to corner of Cedar
City Elk Rapids
Zoning Description Office Retail Commercial Restaurant/Food
Lot Size Units Acres
Lot Size Square Feet 7840.8
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Virtual Tour https://tours.bluelavamedia.com/s/idx/244035 https://tours.bluelavamedia.com/s/201-River-St-Elk-Rapids-MI-49629 https://fusion.realtourvision.com/244035?_gl&#scene8
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 390420
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description LOT 10 ALSO E 3 FT OF LOT 11 PLAT OF THE VILL OF ELK RAPIDS
Year Built Effective 2017
Freehold IDX
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Exterior
Parking Features On Street Other
Lot Features Corner Lot Freestanding
Water Source Public
Lot Size Area 0.18
Foundation Details Block Poured Concrete
Spa N
Lot Dimensions 69x115.6
Lot Size Acres 0.18
Road Surface Type Asphalt
Other Parking Street Parking Other
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 6
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* Excluded Features
List By
Reo-Tcfront-233021

Broker

Cell: 210-286-8954

Contact

Affordability Calculator

$7,486
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,486
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
2034270 Elementary School
2034440 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/15/2025$1,200,000 Listed Price

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201 River Street, Elk Rapids, MI, 49629 is a Commercial Property for sale at $1,200,000 with 8,355 sqft and a lot size of 0.18. 201 River Street has 6.0 baths and was built in 1924. The property's zip code is 49629 which is in Elk Rapids, MI

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