About 201 River St
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: †¢ Lower Level:  ±4,000 sq. ft. of versatile retail space and two dedicated office suites. †¢ Upper Level: Two modern, fully renovated residential units with elevator access. Units are designed with an interconnecting door for flexible leasing configurations. †¢ Investment Stability: Most of the current tenants are on month-to-month leases, allowing for seamless transition or market-rate adjustments. †¢ 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.
Features of 201 River St
| MLS® # | 78080066177 |
|---|---|
| Price | $1,200,000 |
| Bathrooms | 0.00 |
| Acres | 0.18 |
| Year Built | 1924 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 201 River St |
|---|---|
| Area | 88111 - Elk Rapids Twp |
| Subdivision | VILLAGE OF ELK RAPIDS |
| City | Elk Rapids township |
| County | Antrim |
| State | Michigan |
| Zip Code | 49629 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric, Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Construction | Brick, Frame, Wood Siding |
|---|
School Information
| District | Elk Rapids |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | REO-TCFront-233021 |
|---|---|
| Contact Info | Erica@tfgrealtor.com |