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130 River St
Elk Rapids, MI 49629
Retail Property For Sale

Executive Summary

Rich in history and positioned in the heart of downtown Elk Rapids, this historic commercial building offers a rare opportunity near the marina, waterfront, shopping, dining, and year round community activity. Originally constructed in 1900 as a bank, the prominent corner property includes 1,437 square feet on 0.08 acres. Exposed brick walls, tile flooring, and hardwood floors highlight the character and craftsmanship of the original structure while supporting a welcoming commercial environment. A future owner may continue retail or commercial use or explore thoughtful redevelopment opportunities that complement the surrounding downtown district. The location and layout may support a mixed use concept with potential residential space above, subject to municipal approval and zoning requirements. High visibility, corner frontage, and a walkable setting position this property for a variety of commercial possibilities in one of Northern Michigan’s most desirable waterfront communities. This sale includes the real estate only. To maintain privacy and professional standards, the property is shown by appointment only. Prospective buyers can review local zoning details via the Elk Rapids Village website to explore the full potential of this location

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,437 SF
Building Class
C
Year Built
1900
Price
$899,900
Price Per SF
$626.24
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.08 AC
Zoning
Commercial - Commercial Zoned District

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
05-43-250-011-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$124,400
  • Listing ID: 40582475

  • Date on Market: 5/19/2026

  • Last Updated:

  • Address: 130 River St, Elk Rapids, MI 49629

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