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For Sale

Prime 5,50 SF Single-Tenant Restaurant Building in the Heart of Downtown Elk Rapids

151 River St,
Elk Rapids, MI 49629

Asset Snapshot

1925
Year Built
2023
Year Renovated

Offering Summary

Investment Overview

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.


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Listing Syndicated From

Buildout
For Sale
$1,224,000
Asking Price