USAMIElk RapidsVillage of Elk Rapids201 River St
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201 River St, Elk Rapids, MI

House

For Sale

Listed price in listed location currency (USD).
$1,200,000

060

MLS® 1943032

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size 8355 sqft
Garage 
Taxes 
Days Active 43
Lot Size 
Approx. Age 1924
Avg. Price Per Sqft $143
MLS® Number 1943032

Property Address: 201 River St, Elk Rapids, MI, 49629-9605

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

Description

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.
MLS® Number1943032
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1924
Basement
DrivewayOn Street, Other
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 17, 2026List Date
$1,200,000List Price
-End Date
Not Sold YetSold Price

For Rent

Jun 2, 2025List Date
$1,550List Price
Jul 20, 2023End Date
$1,000Sold Price

Leased

Oct 5, 2024List Date
$12List Price
  • Commute

Commute

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

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