151 River Street
Elk Rapids, Michigan 49629

Price Change / MLS #1939911 / Business / Elk Rapids
Listing information updated 1/10/2026 at 6:03am
Prime 5,580 SF single-tenant restaurant space 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 experienced operator seeking a premium hospitality location. 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 lease a fully equipped, turn-key restaurant space with outdoor dining in one of Northern Michigan's most desirable downtown markets. $15/SF NNN.

Listing Agent: Alex Mackenzie

Listing Office: Coldwell Banker Schmidt Traver

Contact Information - Cell: 231-499-0529

Disclaimer: Based on information from the association of REALTORS® (alternatively, from the MLS) as of 1/10/2026 at 6:03am. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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151 River Street, Elk Rapids, MI 49629 is a business currently listed at $6,859. This business has been listed on @properties REMI Christie's International Real Estate since October 24th, 2025 and was built in 1925.