Active

127 River Street

Elk Rapids MI, 49629

$225,000


$92.98 per sqft

Active

1 Bath

2,420 sqft

Commercial

Built in 1910

Business Only Sale: Are you a savvy investor looking for a profitable business venture? Look no further than the River Street Market! This established business is for sale and offers a unique opportunity to capitalize on the vibrant downtown Elk Rapids shopping district. Known for delicious sandwiches, wraps, and pizza, the River Street Market attracts both locals and tourists. The store also boasts a diverse selection of wines, liquors, and beers, as well as a variety of novelty candies. The sale includes the package liquor license, providing additional opportunities for growth through delivery, catering, and on-site tastings. The prime location near beaches, marinas, and tennis courts ensures a steady stream of customers, making this business an ideal investment. The current owners are eager to assist with a smooth transition and are open to negotiating a separate triple net (NNN) lease for the space. Don't miss this chance to own a thriving business with significant growth potential. Elk Rapids Village Zoning Codes can be found at www.elkrapids.org/planning-zoning. It is respectfully requested that you arrange a private showing and refrain from discussing this listing and/or the business with employees. Business and real estate can purchased together, please see MLS 1929268 for details.

1920593

MLS ID

March 29, 2024

Listed

December 10, 2024

Updated

Map

127 River Street
Elk Rapids MI, 49629

Interior Features

Total Bathrooms

1


Fireplace

No


Cooling

Yes


Cooling Description

Ductless, Multi Units


Heating

Yes


Heating Description

Baseboard, Natural Gas

Exterior/Building Features

Lot Size

0.12 Acres


Lot Features

Interior Lot


Roof

Membrane


Sewer

Public Sewer

Other Property Details

Days on Market

245


Association Fee Frequency

Yearly


Garage

No


Parking

Common, Paved, On Street


View

No


County

Antrim


Municipality

Elk Rapids


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/25/2024

Price change

$225,000

4%

Listed by with CENTURY 21 Northland
Listing Contact:  

The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 12/10/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Northern Great Lakes REALTORS® MLS all rights reserved.

Data last updated on 12/10/2024 at 3:34 PM UTC

 

 

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