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$ 499,000
Est. payment /mo
Active
144 River ST Elk Rapids Twp, MI 49629
2,953 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,953 sqft
Price per Sqft $168
Subdivision 144 River
MLS Listing ID 78080068507
Year Built 1900
Property Description
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.
Location
State MI
County Antrim
Area Area88111Elkrapidstwp
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features ParkingLot
Utilities Available NaturalGasConnected
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Elk Rapids
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition Standard

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Listed by Blake Bernard of REO-TCRandolph-233022
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