130 River, Elk Rapids Township, MI 49629
NOBLE'S ADD · Antrim County
Key Facts
Description
Rich in history and positioned in the heart of downtown Elk Rapids, this historic commercial building offers a rare opportunity near the marina, waterfront, shopping, dining, and year round community activity. Originally constructed in 1900 as a bank, the prominent corner property includes 1,437 square feet on 0.08 acres. Exposed brick walls, tile flooring, and hardwood floors highlight the character and craftsmanship of the original structure while supporting a welcoming commercial environment. A future owner may continue retail or commercial use or explore thoughtful redevelopment opportunities that complement the surrounding downtown district. The location and layout may support a mixed use concept with potential residential space above, subject to municipal approval and zoning requirements. High visibility, corner frontage, and a walkable setting position this property for a variety of commercial possibilities in one of Northern Michigan’s most desirable waterfront communities. This sale includes the real estate only. To maintain privacy and professional standards, the property is shown by appointment only. Prospective buyers can review local zoning details via the Elk Rapids Village website to explore the full potential of this location.
Property Information
Property Type
Commercial Sale
Year Built
1900
Living Area
1,437 sq ft
Lot Size
0.08 acres
Lot Dimensions
130x25
Days on Market
1
MLS® Listing#
78080068422
Property Features
Cooling
Heating
Construction
Utilities
Sewer
Water Source
Financial Details
Assessed Value
$109,964
Parcel Number
054325001100
Affordability Calculator
$179,980
Estimated monthly payment
$4,790/mo
Principal $719,920 · Est. interest $1,004,352 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Elk Rapids Township, MI
- $393,346
- Median Listing Price
- 59
- Median Days on Market
- 1,852
- Median Sq Ft
- $205
- Median Price / Sq Ft
- 12,392
- Active Listings
- This home’s price is 129% above the area median.
- Its price per sq ft is 206% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Elk Rapids Township, MI.
Location
Points of Interest in Elk Rapids Township, MI
Showing the Elk Rapids Township area map.
Nearby Schools
Elk Rapids Schools
Elementary · 0.9 mi away
Cherryland Middle School
Secondary · 0.9 mi away
Elk Rapids Public School
Secondary · 0.9 mi away
Elk Rapids High School
Secondary · 1.0 mi away
Old Mission Peninsula School
Elementary · 5.6 mi away
Rapid City Elementary School
Elementary · 7.8 mi away
Elk Rapids Schools
Elementary · 8.6 mi away
John R Rodger Elementary School
Elementary · 10.9 mi away
Bellaire Middle & High School
Secondary · 11.3 mi away
Bellaire Elementary School
Elementary · 11.3 mi away
Traverse Bay Christian School
School · 11.9 mi away
Community Children's Center
School · 12.0 mi away
Eastern Elementary School
Elementary · 12.3 mi away
Traverse City Area Public Schools
Elementary · 12.4 mi away
Traverse City Central High School
Secondary · 12.5 mi away
Bethlehem Nursery School
Elementary · 12.8 mi away
Kitchi Minogining Tribal School
School · 12.9 mi away
Leelanau Montessori
Elementary · 12.9 mi away
Suttons Bay High School
Secondary · 12.9 mi away
Suttons Bay Public Schools
Secondary · 12.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3102 Rose Lane 1, West Bloomfield Charter Township, MI | $629,990 | 2 | 3 | 2,040 |
| 29036 Myles Andrew Drive, Lyon Charter Township, MI | $629,990 | 4 | 3 | 3,127 |
| 864 Kelpie Drive, Pittsfield Charter Township, MI | $629,990 | 3 | 3 | 2,445 |
| 8226 Railview Court SW, Byron Township, MI | $630,000 | 3 | 3 | 2,581 |
| 6908 Mallard Court, Ira Township, MI | $630,000 | 4 | 4 | 2,810 |
| TBD Pioneer Drive 30 acres, Big Rapids Charter Township, MI | $630,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Elk Rapids Township
Listing Courtesy: Century 21 Northland - 2319297900
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