Historic Corner Commercial
For Sale
$899,900
130 River Street, Elk Rapids, MI 49629
Prime commercial property in downtown Elk Rapids near the waterfront.
Property Size1,437 SF
Lot Size0.08 Acres
Price / SF$626.24
Days on Market100
Property Features for 130 River Street
General Information
Standard status
Active
Size
1,437 SF
Lot size
0.08 Acres
Property subtype
General Commercial
Amenities
3
130x25
Building Details
Year Built
1900
Listing Agency:
Century 21 Northland
(231) 929-7900
Listed By:
Deirdre Carroll · License #MI6506047900
Source:
Xome
Added: May 17
Changed: Aug 23
Last Checked: Aug 23 at 4:30AM
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 historic commercial building, originally constructed in 1900 as a bank, is located in the heart of downtown Elk Rapids. The corner property occupies 0.08 acres and includes 1,437 square feet of space. The building's interior features exposed brick walls, tile flooring, and hardwood floors. The property is positioned near the marina, waterfront, shopping, dining, and year-round community activities. The property's location and layout may support a mixed-use concept with potential residential space above, subject to municipal approval and zoning requirements. The property is suitable for continued retail or commercial use, or thoughtful redevelopment opportunities that complement the surrounding downtown district. The property benefits from high visibility, corner frontage, and a walkable setting, positioning it for a variety of commercial possibilities in a desirable waterfront community. The property has a bike score of 58, indicating it is bikeable, and a walk score of 56, indicating it is somewhat walkable. This sale includes the real estate only.
Key Highlights
- Prime downtown Elk Rapids location, near marina, waterfront, shopping, and dining.
- Historic commercial building with original character, including exposed brick, tile, and hardwood.
- High visibility corner property with significant frontage.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
9,553 visits/mo
0.3 miles
Shell
Shops & Services
2,168 visits/mo
0.4 miles
Fifth Third Bank & ATM
Shops & Services
1,722 visits/mo
0.4 miles
Huntington Bank
Shops & Services
1,626 visits/mo
0.1 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
Questions? Ask Rey
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Similar Off Market Nearby
- Northwind Blooms — 114 River St suite b, Elk Rapids, MI 49629
Frequently Asked Questions
What type of property is this?
Storefront property - Prime commercial property in downtown Elk Rapids near the waterfront.
Where is this storefront property located?
The property is located at 130 River Street Elk Rapids, MI.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Prime downtown Elk Rapids location, near marina, waterfront, shopping, and dining.; Historic commercial building with original character, including exposed brick, tile, and hardwood.; High visibility corner property with significant frontage.
