Historic Mixed-Use Building with
128 River Street Elk Rapids, MI 49629
128 River Street, Elk Rapids, MI, 49629
$1,305,000
For Sale
$1,305,000
Historic mixed-use building with original bank vault and an established fine art gallery plus an owner’s residence.
Days on Market99
Property Features for 128 River Street
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1948
Listing agency
Century 21 Northland
(231) 534-4753
Listed by
Deirdre Carroll · License #MI6506047900
(231) 534-4753
Source
Homesforsaleinmich
Added: Apr 15 Updated: Jul 22 at 9:29AM Checked: Jul 22 at 9:29AM
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 Century 21 Northland
Investment Insights
Based on property information with market context.
This landmark mixed-use property was originally constructed around 1948 as a bank and retains historic character, including an original vault. The building is currently home to the Mullaly’s 128 Gallery, featuring a collection of fine art and mixed-media works. The upper level includes an owner’s residence added by the current owner, providing flexible living space with a primary suite, a walk-in closet, a jetted tub, a large guest bedroom, and a den that may be suitable for additional use.
The residence includes one wood-burning fireplace, while a second fireplace is located within the gallery addition. The property also offers a spacious private deck with views toward the harbor, along with a two-car garage and a fenced outdoor area.
The offering includes both the real estate and the business, with inventory transferred via a separate bill of sale. The property is shown by appointment only, and prospective buyers can review local zoning details through the Elk Rapids Village website.
The residence includes one wood-burning fireplace, while a second fireplace is located within the gallery addition. The property also offers a spacious private deck with views toward the harbor, along with a two-car garage and a fenced outdoor area.
The offering includes both the real estate and the business, with inventory transferred via a separate bill of sale. The property is shown by appointment only, and prospective buyers can review local zoning details through the Elk Rapids Village website.
Key Highlights
- Historic mixed‑use building built in 1948, originally constructed as a bank and retaining its original vault
- On‑site fine art gallery (Mullaly’s 128 Gallery) featuring work by 200+ artists and craftsmen from across North America
- Gallery inventory transferred via separate bill of sale; offering includes both the real estate and the business
Property Analytics
Location Intelligence
Current Use by Public Records
Mullaly's 128-STUDIO & Gallery
Art Gallery
Leelanau Prints
Art Gallery
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FAQs
What type of property is this?
Mixed-use property - Historic mixed-use building with original bank vault and an established fine art gallery plus an owner’s residence.
Where is this mixed-use property located?
The property is located at 128 River Street Elk Rapids, MI.
What is the asking price?
The asking price for this property is $1,305,000.
What are key features of this property?
This property features: Historic mixed‑use building built in 1948, originally constructed as a bank and retaining its original vault; On‑site fine art gallery (Mullaly’s 128 Gallery) featuring work by 200+ artists and craftsmen from across North America; Gallery inventory transferred via separate bill of sale; offering includes both the real estate and the business
