Turn-Key Restaurant with
151 River Street Unit SourceFi Elk Rapids, MI 49629
151 River Street Unit SourceFi, Elk Rapids, MI, 49629
Contact for pricing
For Sale
Contact for pricing
Recently remodeled single-tenant restaurant with a commercial kitchen and outdoor patio seating.
Property Size5,580 SF
Price / SF$1.23
Days on Market274
Property Features for 151 River Street Unit SourceFi
General Information
- Standard status
- Active
- Size
- 5,580 SF
- Property subtype
- Business Opportunities
Building Details
- Year Built
- 1925
Listing agency
(231) 499-0529
Listed by
Coldwell Banker Schmidt Traverse City
(231) 499-0529
Source
Xome
Added: Oct 22, 2025 Updated: Jul 22 at 3:20AM Checked: Jul 22 at 3:20AM
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 Schmidt Traverse City
Investment Insights
Based on property information with market context.
Prime, recently remodeled single-tenant restaurant space offering a high-end commercial kitchen and quality interior finishes. The layout is designed to support full-service dining with an efficient back-of-house configuration, with guest seating accommodated between the dining room and bar. An outdoor patio area adds additional guest seating at the front of the property.
The property is positioned along River Street in Downtown Elk Rapids, the town’s main commercial corridor, supporting strong visibility. Street parking is available directly in front, with additional public parking nearby.
FF&E and a liquor license are available and may be negotiated separately. The asking terms are structured as NNN.
The property is positioned along River Street in Downtown Elk Rapids, the town’s main commercial corridor, supporting strong visibility. Street parking is available directly in front, with additional public parking nearby.
FF&E and a liquor license are available and may be negotiated separately. The asking terms are structured as NNN.
Key Highlights
- 5,580 SF single‑tenant restaurant space in Downtown Elk Rapids
- Recently remodeled interior with central air and an on‑site commercial kitchen
- Indoor layout accommodates ~100+ guests with dining room and bar seating
Property Analytics
Location Intelligence
Current Use by Public Records
Foundry Craft Grillery
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Recently remodeled single-tenant restaurant with a commercial kitchen and outdoor patio seating.
Where is this conventional restaurant located?
The property is located at 151 River Street Unit SourceFi Elk Rapids, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 5,580 SF single‑tenant restaurant space in Downtown Elk Rapids; Recently remodeled interior with central air and an on‑site commercial kitchen; Indoor layout accommodates ~100+ guests with dining room and bar seating
