151 River Street, Elk Rapids, MI
Others for Sale - $1,249,000 - 5,580 Sq. Ft.
Agent Info
| Alex MacKenzie Coldwell Banker Schmidt Realtors |
Property Info
| CIMLS# | 1183178 |
| Location 151 River Street Elk Rapids MI 49629 | |
| Updated | October 25th, 2025 |
| Type | Others |
| Price | $1,249,000 |
| Building | 5,580 Sq. Ft. |
Property Description
Prime 5,580 SF single-tenant restaurant building located in the heart of Downtown Elk Rapids. This recently remodeled property features a high-end commercial kitchen, quality interior finishes, and a welcoming outdoor patio area. The inside can accommodate ~100+ guests between dining room and bar seating, and a beautiful patio out front features seating for about 40 more. Positioned along River Street, the town's main commercial corridor, it offers excellent visibility and foot traffic. The layout supports full-service dining with an efficient back-of-house design, making it ideal for an owner/operator or investor seeking a premium hospitality property. Street parking is available directly in front, with additional public parking nearby. FF&E and liquor license are available and may be negotiated separately. This is a rare opportunity to acquire a fully equipped, turn-key restaurant property with outdoor dining in one of Northern Michigan's most desirable downtown markets.



