8,355 sqft

$999,000

201 River Street, Elk Rapids MI, 49629

Price per sqft$119.57

Built in1924

Property size8,355 sqft

Property typeCommercial

Overview

Active

Listed Jun 13, 2026

Updated 10 days ago

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: â€¢ Lower Level: Â±4,000 sq. ft. of versatile retail space and two dedicated office suites. â€¢ Upper Level: Two modern, fully renovated residential units with elevator access. Units are designed with an interconnecting door for flexible leasing configurations. â€¢ Investment Stability: Most of the current tenants are on month-to-month leases, allowing for seamless transition or market-rate adjustments. â€¢ 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.

Additional information

MLS^® ID: 80066177

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.18 Acres

Other Property Details

Municipality: Elk Rapids Twp

Listed by Erica Foerster with REO-TCFront-233021
Listing Contact: 210-286-8954

Based on information originating from the MiRealSource as of 10/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/13/2026 at 5:09 AM UTC