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Waterside Restaurant with Boat-Up Dining
For Sale
Contact for pricing
Pending

106 Ames Street, Elk Rapids, MI 49629

Restaurant includes two outdoor dining decks and a large bar.

Property SizeContact for details
Days on Market143

Property Features for 106 Ames Street

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: Coldwell Banker Commercial Schmidt, Realtors Traverse City
Listed By: Shawn Smith · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Schmidt, Realtors Traverse City

Investment Insights

Based on property information with market context.

This conventional restaurant at 106 Ames Street in Elk Rapids combines indoor dining with a large bar, two outdoor dining decks, and boat-up dining access. Its waterside setting adds a distinct component to the guest experience.

The property sits at the southeast corner of a signalized intersection and includes on-site parking. The combination of interior dining, exterior deck areas, bar service, and water access supports a varied restaurant layout.

Key Highlights

  • Boat‑up dining access at a waterside restaurant
  • Two outdoor dining decks
  • Large interior bar

Property Analytics

Current Use

Riverwalk Grill Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Furniture & Home Goods Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

364
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
9,553 visits/mo 0.5 miles
Shell Shops & Services
2,168 visits/mo 0.0 miles
Fifth Third Bank & ATM Shops & Services
1,722 visits/mo 0.1 miles
Huntington Bank Shops & Services
1,626 visits/mo 0.3 miles

Demographics for 49629, MI

1,997
Population
1,696
Households
1.2
Avg Household Size
60
Median Age
46%
College-Educated
99%
High-School Grad
3.8 sq mi
ZIP Area
526
Density / Sq Mi
$74,318
Median Household Income
$46,250
Median Earnings
$1,032
Median Rent
$347,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant includes two outdoor dining decks and a large bar.
Where is this conventional restaurant located?
The property is located at 106 Ames Street Elk Rapids, MI.
What are key features of this property?
This property features: Boat‑up dining access at a waterside restaurant; Two outdoor dining decks; Large interior bar
(231) 499-1990 Call to check price and availability
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