Elk Rapids MI Commercial for Sale
$1,590,000
127 River Elk Rapids, MI 49629
- Type:
- Industrial
- Sq.Ft.:
- 4,376
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- 80052687
- Subdivision:
- Village Of Elk Rapids
ADDITIONAL INFORMATION
This versatile property offers an exceptional opportunity for commercial ventures! The upper level is a spacious 2-bedroom, 2-bathroom rental unit. The space is the ideal combination of comfortable living and beauty. Enjoy striking lake and streetscape views from the private composite rooftop deck, complemented by modern interiors features such as solid surface countertops, soft close drawers, and durable flooring. The lower level houses the dynamic River Street Market, known for its delectable sandwiches, wraps, pizza, and a wide selection of wines, liquors, and beers. The market is a popular destination for locals and tourists alike, with its novelty candy being a particular hit with all ages. The included Class C package liquor license offers additional opportunities for delivery, catering, and on-site tastings. Now is the time to learn more about this Elk Rapids gem! Business is also being offered for sale separately, please see MLS 1920593 for details. Elk Rapids Village Zoning Codes can be found at www.elkrapids.org/planning-zoning. It is respectfully requested that you arrange a private showing and refrain from discussing this listing and/or the business with employees.
$1,398,000
201 River Elk Rapids, MI 49629
- Type:
- Industrial
- Sq.Ft.:
- 8,355
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- 80050564
- Subdivision:
- Village Of Elk Rapids
ADDITIONAL INFORMATION
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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Elk Rapids Real Estate
The median home value in Elk Rapids, MI is $367,750. This is higher than the county median home value of $281,600. The national median home value is $338,100. The average price of homes sold in Elk Rapids, MI is $367,750. Approximately 43.94% of Elk Rapids homes are owned, compared to 16.16% rented, while 39.9% are vacant. Elk Rapids real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elk Rapids real estate agent to arrange a tour today!
Elk Rapids, Michigan has a population of 1,438. Elk Rapids is less family-centric than the surrounding county with 11.77% of the households containing married families with children. The county average for households married with children is 21.8%.
The median household income in Elk Rapids, Michigan is $57,452. The median household income for the surrounding county is $60,378 compared to the national median of $69,021. The median age of people living in Elk Rapids is 58.4 years.
Elk Rapids Weather
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 31.7 inches per year, with 110.9 inches of snow per year.