151 River St, Elk Rapids, MI 49629

Building Details

Year Built

1925

Listing office Coldwell Banker Commercial Schmidt, Realtors Traverse City a***@cbsrcommercial.com Show Phone

Listing date Mar 11, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Located in downtown Elk Rapids, this 5,580 SF single-tenant restaurant space features a high-end commercial kitchen and quality interior finishes. The recently remodeled property includes an outdoor patio area. The interior accommodates approximately 100 guests with dining room and bar seating, while the patio provides seating for about 40 additional patrons. Situated along River Street, the town's main commercial corridor, the property benefits from high visibility and foot traffic. The layout is designed to support full-service dining with an efficient back-of-house. Street parking is available directly in front of the property, with additional public parking located nearby. FF&E and a liquor license are available and may be negotiated separately. This turn-key restaurant space with outdoor dining is suitable for an experienced operator seeking a premium hospitality location.

Suggested Use

Big Box & Wholesale Store Building Supply Auto Parts Store Auto Repair Shop Skin Care Clinic Kitchen & Bath Showroom Storage Facility Furniture & Home Goods Barber Shop Cosmetic Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Elk Rapids

County

Antrim

State

Michigan

Longitude

-85.4132

Latitude

44.8981

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FAQs

What type of property is this?

Conventional restaurant - Remodeled restaurant space with outdoor patio in downtown Elk Rapids.

Where is this conventional restaurant located?

The property is located at 151 River St Elk Rapids, MI.

What is the lease rate?

The lease rate is $6,859 /Mo.

What are key features of this property?

This property features: Prime downtown location on River Street with high visibility and foot traffic.; Turn‑key restaurant space with **high‑end commercial kitchen** and quality interior finishes.; **Seating for 100+ guests inside** and an additional 40 on the outdoor patio.