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Listed price in listed location currency (USD).
$549,000

000

MLS® 1945394

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size 2953 sqft
Garage 
Taxes 
Days Active 2
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $185
MLS® Number 1945394

Property Address: 1-144 River St, Elk Rapids, MI, 49629-5131

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

Description

Located in the heart of downtown Elk Rapids, this rare mixed-use opportunity offers both commercial and residential potential within a historic and character-filled building. Unit #1 features a versatile commercial space currently occupied with potential to re-sign the lease in the fall, along with a charming garden studio apartment (currently rented month to month at $695) and valuable lower-level storage space, creating flexibility for owner-occupants, investors, or entrepreneurs alike. Offered at $549, 000, the property is zoned B2, allowing for short-term rentals and a variety of commercial and residential uses. Rich in character, the building showcases timeless architectural details and enjoys an unbeatable downtown location just steps from local shops, restaurants, the marina, and the beach. A unique investment opportunity in one of Northern Michigan’s most vibrant waterfront communities.
MLS® Number1945394
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayParking Lot, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 20, 2026List Date
$549,000List Price

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