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.
Listed By
Agency Name: REO-TCFront-233021
Agency Phone: 231-947-9800
Shown By
Agent Name: The Shahmardian Group
Agent Phone: (970) 637-7882
Agency Title: Key Realty
201 River Street | MLS# 1943032
This commercial property located at 201 River Street, Elk Rapids, MI 49629 is currently listed for sale with an asking price of $1,200,000. Search Elk Rapids real estate on www.shahmardian.com today.