USAMIElk RapidsH H Nobles Add to Elk Rapids128 River St
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$1,305,000

For Sale

A month ago

128 River St, Elk Rapids, MI

House

MLS® 1943836

0 Bed

0 Bath

4564 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 4564 sqft
Garage Yes
Taxes $3,877
Days Active 25
Lot Size 
Approx. Age 1948
Avg. Price Per Sqft $285
MLS® Number 1943836

Property Address: 128 River St, Elk Rapids, MI, 49629-9614

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a landmark mixed-use property in the heart of downtown Elk Rapids, Michigan, conveniently located near the harbor. Originally constructed circa 1948 as a bank, this distinctive building retains its historic character, including the original vault, and is now home to the long-standing Mullaly’s 128 Gallery. The gallery features the work of over 200 fine artists and craftsmen from across North America, including pieces by the late Bill Mullaly, and offers an impressive collection of pottery, jewelry, original paintings, wood, glass, and other mixed media. Well known among both locals and visitors, the gallery has earned a reputation for its “Outstanding Glass” and one-of-a-kind artistic offerings. The upper level includes a thoughtfully designed owner’s residence added by the current owner, offering flexible living space with a generous primary suite featuring a jetted tub and walk-in closet, a large guest bedroom, and a den suitable for a variety of uses, including a potential non-conforming third bedroom. One wood-burning fireplace is located within the residence, while a second adds character and ambiance to the gallery addition. The residence also features a spacious private deck, ideal for outdoor living, with views toward the harbor. Additional amenities include a two-car garage and a fenced outdoor area. This offering includes both the real estate and the business, presenting a unique opportunity in a prime downtown location. Inventory will be transferred via a separate bill of sale. To maintain privacy and professional standards, the property is shown by appointment only. Prospective buyers can review local zoning details via the Elk Rapids Village website to explore the full potential of this location.
MLS® Number1943836
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1948
BasementFull
DrivewayGarage, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 16, 2026List Date
$1,305,000List Price
-End Date
Not Sold YetSold Price

For Sale

Apr 16, 2026List Date
$1,305,000List Price
-End Date
Not Sold YetSold Price

For Sale

Apr 16, 2026List Date
$1,305,000List Price
  • Commute

Commute

Starting Address
Destination Address
128 River St, Elk Rapids, MI

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