151 River Street, Elk Rapids, MI 49629

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List Price
$1,174,000
Days on Market
287
MLS#
1939910
Status
ACTIVE CONTINGENT
Type
Commercial
Bathrooms
2

Property Description

Prime 5,580 SF single-tenant restaurant building located in the heart of Downtown Elk Rapids. This recently remodeled property features a high-end commercial kitchen, quality interior finishes, and a welcoming outdoor patio area. The inside can accommodate ~100+ guests between dining room and bar seating, and a beautiful patio out front features seating for about 40 more. Positioned along River Street, the town’s main commercial corridor, it offers excellent visibility and foot traffic. The layout supports full-service dining with an efficient back-of-house design, making it ideal for an owner/operator or investor seeking a premium hospitality property. Street parking is available directly in front, with additional public parking nearby. FF&E and liquor license are available and may be negotiated separately. This is a rare opportunity to acquire a fully equipped, turn-key restaurant property with outdoor dining in one of Northern Michigan’s most desirable downtown markets.

Additional Information

Acres
0.18
Heating
Forced Air
Roofing
Other
Sewer
Public
Water
Public

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Alex MacKenzie from Listing Office: Coldwell Banker Schmidt Traverse City.

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