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140 River Street Elk Rapids, MI 49629
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Key Details
Sold Price $1,020,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $212
MLS Listing ID 80050366
Sold Date 09/30/24
Year Built 1900
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 30x130
Property Description
Prime River Street location in Elk Rapids with 944 SF retail/office space & 3 two-bedroom apartments. The First floor has a vacant professional office on street side that could be converted back to retail and an apartment behind it with a deck facing the river and marina. The apartment is nicely remodeled with 2 bedrooms, 2 bathrooms and partially finished basement. Currently rented for $2300/mo. 2nd floor consists of 2 apartments, both 2-bed 1-bath. Street side is remodelled and rented for $1600/mo and river side is original and rented for $1500/mo. Tenants pay their own utilities. Showing times may be limited and must have 24-48 hours' notice.
Location
State MI
County Antrim
Area Elk Rapids Twp (05006)
Zoning Commercial,Professional Office,Residential
Interior
Heating Forced Air, Zoned Heating
Cooling Central A/C
Exterior
Parking Features Parking Lot
Building
Water Public Water
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Commercial Loan,Exchange/Trade
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Coldwell Banker Schmidt Traver