144 River Street # 1, Elk Rapids

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$499,000

202 N. First St.
Leland, MI    49654

(415 ) 254-1622
info@manitou-life.com

Listing is courtesy of REO-TCRandolph-233022
231-946-4040


MLS: #1945394
  • Sale or Lease: False
  • Square Feet: 2,953
  • Acres: 0
  • Business Incl: No
  • Real Estate Incl: None
  • Township: Elk Rapids
  • County: Antrim
  • Business Type: Retail
  • Location: Interior Lot
  • Included in Rent: None
  • Zoning: Commercial

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.

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