151 River Street, Elk Rapids, MI 49629

$6,859
2
BA
5,580
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$6,859
Days on Market
276
Status
ACTIVE U/C TAKING BACKUPS
MLS#
1939911
Bathrooms
2
Living Area
5,580
Lot Size (Acres)
0.18
Year Built
1925

Property Description

Prime 5,580 SF single-tenant restaurant space located in the heart of Downtown Elk Rapids. This recently remodeled property features a high-end commercial kitchen, quality interior finishes, and a welcoming outdoor patio area. The inside can accommodate ~100+ guests between dining room and bar seating, and a beautiful patio out front features seating for about 40 more. Positioned along River Street, the town’s main commercial corridor, it offers excellent visibility and foot traffic. The layout supports full-service dining with an efficient back-of-house design, making it ideal for an experienced operator seeking a premium hospitality location. Street parking is available directly in front, with additional public parking nearby. FF&E and liquor license are available and may be negotiated separately. This is a rare opportunity to lease a fully equipped, turn-key restaurant space with outdoor dining in one of Northern Michigan’s most desirable downtown markets. $15/SF NNN.

Additional Information

Building Name
N/A
Heating
Forced Air, Natural Gas
Cooling
Central Air
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of Coldwell Banker Schmidt Traverse City. 231-922-2350