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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*

$ 7,389

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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.

Prime Mixed-Use Historic Property | Downtown Elk Rapids Secure a cornerstone of Elk Rapids history with this versatile mixed-use asset. This 8,355-square-foot building is strategically located on the active River Street corridor, offering high-visibility retail and premium residential components. *Property Highlights: • Lower Level: ±4,000 sq. ft. of versatile retail space and two dedicated office suites. • Upper Level: Two modern, fully renovated residential units with elevator access. Units are designed with an interconnecting door for flexible leasing configurations. • Investment Stability: Most of the current tenants are on month-to-month leases, allowing for seamless transition or market-rate adjustments. • Transparency: Full financial disclosures (P&L and Rent Roll) provided upon signed NDA. *Viewing Information: View the Interactive Floor Plan for a realistic view of the interior. All physical tours must be scheduled through the listing agent.

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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

1943032
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air Ductless Electric Multi Units
Possession Subject To Tenant Rights Within 30 Days
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 New
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 Other On Street
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 Other Street Parking
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

$7,389
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/17/2026$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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