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151 River Street

Elk Rapids, MI 49629
  • $6,975
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 1939911
UPDATED: 13 min ago
$6,975
  • 0
    BEDS
  • 0.18
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 5,580
    SQFT
  • $1
    $/SQFT
Neighborhood:
N/A
Type:
Commercial-Lease
Built:
1925
County:
Area:

School Ratings & Info

Description

Prime 5,580 SF single-tenant restaurant space located in the heart of Downtown Elk Rapids. This recently remodeled property features a high-end commercial kitchen, quality interior finishes, and a welcoming outdoor patio area. The inside can accommodate ~100+ guests between dining room and bar seating, and a beautiful patio out front features seating for about 40 more. Positioned along River Street, the towns main commercial corridor, it offers excellent visibility and foot traffic. The layout supports full-service dining with an efficient back-of-house design, making it ideal for an experienced operator seeking a premium hospitality location. Street parking is available directly in front, with additional public parking nearby. FF&E and liquor license are available and may be negotiated separately. This is a rare opportunity to lease a fully equipped, turn-key restaurant space with outdoor dining in one of Northern Michigans most desirable downtown markets. $15/SF NNN.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2025 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2025-11-10T17:52:06.82.
www.housestraversecity.com/homes/169232788
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151 River Street Elk Rapids, MI 49629

  • Price: $6,975
  • Status: Active
  • On Site: 16 Days
  • Updated: 13 min ago
  • MLS #: 1939911
0
Beds
2
Baths
0
½ Baths
0.18
Acres
5,580
SQFT
$1
$/SQFT
1925
Built
Neighborhood:
N/A
County:
Antrim
Area:
Antrim
Property Description
Prime 5,580 SF single-tenant restaurant space located in the heart of Downtown Elk Rapids. This recently remodeled property features a high-end commercial kitchen, quality interior finishes, and a welcoming outdoor patio area. The inside can accommodate ~100+ guests between dining room and bar seating, and a beautiful patio out front features seating for about 40 more. Positioned along River Street, the towns main commercial corridor, it offers excellent visibility and foot traffic. The layout supports full-service dining with an efficient back-of-house design, making it ideal for an experienced operator seeking a premium hospitality location. Street parking is available directly in front, with additional public parking nearby. FF&E and liquor license are available and may be negotiated separately. This is a rare opportunity to lease a fully equipped, turn-key restaurant space with outdoor dining in one of Northern Michigans most desirable downtown markets. $15/SF NNN.
Exterior Features

Construction Brick Exterior Features Brick Foundation Partial Lot Dimensions ~67'x114' Parking PavedStreet Parking Road Public Maintained Roof Membrane

Interior Features

Heating Cooling Type Forced AirCentral Air

Property Features

Business Incl No Business Name N/A Deeded Waterfront No Documents On File Furniture & FixturesInventoryLiquor License Eco Features No Extras Security SystemSprinkler SystemFurniture/FixturesOther Heating Cooling Source Natural Gas Included In Lease Other Inventory Incl Yes Licenses LiquorBeer/WineOther Listing Agreement Type Lease Agreement Location Corner LotFreestanding Possession At Closing Present Use Restaurant/Food Service Sale Or Lease For Lease Sale Rent For Rent Section Number 21 Sewer Municipal Terms Net Lease (NNN) Township Elk Rapids Type Hospitality Type Of Ownership Private Owner Univs Design Barrier Free Widened DoorsExtra Wide HallwaysMain Floor AccessNo Steps Entry Vacant Land No Water Municipal Water Year Remodeled 2023 Zoning CommercialRestaurant/Food

Listing information © 2025 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Coldwell Banker Schmidt Traver: 231-922-2350.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2025 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2025-11-10T17:52:06.82.
 
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