$1,020,000
$950,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
140 River Street Unit: A-C Elk Rapids Twp, MI 49629
4,800 SqFt
Key Details
Sold Price $1,020,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $212
Subdivision Na
MLS Listing ID 78080050366
Sold Date 09/30/24
Originating Board Aspire North REALTORS®
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
Zoning Commercial,Office,Residential
Interior
Heating Forced Air, Zoned, Central Air
Heat Source Natural Gas
Exterior
Waterfront no
Accessibility Disabled Access
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Elk Rapids
Others
Tax ID 054325000700
Ownership Private Owned
Acceptable Financing Cash, Other, Trade/Exchange
Listing Terms Cash, Other, Trade/Exchange
Financing Cash,Other,Trade/Exchange
Special Listing Condition Unknown/Data Share Listings
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Bought with Coldwell Banker Schmidt Traver