401 River St - Specialty FOR SALE


Elk Rapids, MI 49629
$700,000 USD
231-633-0432
401 River St, Elk Rapids, MI for Sale
$700,000 USD
Specialty - FOR SALE
1/40
null | Request Cap Rate

Jan '26


401 River St
Elk Rapids, MI 49629


OVERVIEW

Historic Elk Rapids Town Hall. Built in 1883 and first time on the market to the public. This iconic building on River Street has 21 foot tall ceilings. Originally the Town Hall, this architectural gem boasts stunning original tin ceilings, a dramatic stage, arched windows, a service bar, and a charming balcony overlooking the grand main hall. The spacious full basement offers additional potential development with some partitioned areas and an additional bathroom. Located directly across the street from a public beach, tennis courts, and a beautiful park, the property offers unmatched recreational access while being steps from all the activity of downtown. Whether you're envisioning a distinctive private residence, an elegant event venue, or a creative mixed-use space, this property will get your imagination going. Current zoning is Public, but will most likely be rezoned R2. Leased through December 31, 2025

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Elk Rapids Town Hall

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1883

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

Public to R2

APN/PARCEL ID

05-43-010-029-00

ASK ABOUT THIS PROPERTY

Daniel StiebelColdwell Banker Schmidt RealtorsMore Info
231-633-0432

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Daniel StiebelColdwell Banker Schmidt RealtorsMore Info
231-633-0432

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.