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$794,000
Est. payment /mo
2,947 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,947 sqft
Price per Sqft $269
Subdivision Mi
MLS Listing ID 80056074
Year Built 1910
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 44X116
Property Sub-Type Commercial/Industrial
Property Description
Seize a unique investment opportunity in downtown Elk Rapids! The beloved River Street Market, is for sale. This successful business is known for its delicious food offerings, including sandwiches, wraps, and pizza, along with a wide selection of beverages and specialty items. The market's prime location in a bustling shopping district ensures a steady flow of customers, from both the community and tourists. The sale includes a valuable package liquor license, which opens the door to multiple growth opportunities such as delivery, catering, and on-site tastings. The business benefits from its proximity to popular attractions, including beaches, marinas, and tennis courts, providing consistent foot traffic. The property itself, a captivating 1910 storefront with original hardwood floors, was thoughtfully updated in 2023 to offer the perfect blend of historic charm and modern functionality. Its highly visible and accessible location offers exceptional potential for a new owner. This is an ideal opportunity for an entrepreneur looking to acquire a thriving business and property in a desirable community with a strong local economy.For information on Elk Rapids Village Zoning Codes, please visit www.elkrapids.org/planning-zoning. Showings are by appointment only. To maintain business operations, please refrain from discussing this listing with the employees. Business can purchase alone with lease option, please see MLS 1920593 for details.
Location
State MI
County Antrim
Area Elk Rapids Twp (05006)
Zoning Commercial,Other
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Parking Features Parking Lot
Building
Foundation Crawl, Slab
Water Public Water
Structure Type Other,Vinyl Siding,Wood
Others
Ownership Private
Energy Description Electric,Natural Gas
Financing Cash,Commercial Loan,Exchange/Trade
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by CENTURY 21 Northland
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