$1,200,000

Historic Mixed Use Gem With Modern Residential Elegance

  • 8,355 Sqft
  • Updated: September 8
  • MLS#1943032

About the Property

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

    Other

  • Year built

    1924

  • Price/sqft

    $143

Features

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201 River Street Elk Rapids MI 49629, Michigan, United States View on Google Maps
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Erica Foerster

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Erica Foerster
Michigan, United States
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Real Estate One, Inc.
Real Estate One, Inc.
26261 Evergreen, 48076, Southfield, Michigan, United States
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Selling luxury properties requires resources, experience, and a network of agents and offices accustomed to represe
Selling luxury properties requires resources, experience, and a network of agents and offices accustomed to representing this kind of home. The Real Estate One Family of Companies sell more properties over $500,000 and over $1,000,000 than any other company in Michigan.

Why are we so successful? Our network covers the metro area, including Birmingham/Bloomfield, Grosse Pointe, Ann Arbor, Northville, Traverse City, and northern Michigan. We hold dominant positions in the markets from which your buyers are most likely to come.

We have the number one visited broker website in Michigan. Our advertising and marketing programs are aggressive and focused on reaching the most likely buyer for each of the homes we market.

In business since 1929, we are still family owned and operated. We have succeeded in every kind of real estate market for almost 100 years. We are Michigan’s leading luxury home seller and the number one broker in Michigan.
Last updated
September 8
First listed
Jun 20
Listing reference
5fe4f170-6bd2-11f1-901e-6045bdd61ac4
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