128 River St

Elk Rapids Twp, MI 49629
  • $1,305,000

    Price
  • 0.07

    Acre

About the Listing 78000000061465 - 78000000451758

Rare opportunity to acquire a landmark mixed-use property in the heart of downtown Elk Rapids, Michigan, conveniently located near the harbor. Originally constructed circa 1948 as a bank, this distinctive building retains its historic character, including the original vault, and is now home to the long-standing Mullaly’s 128 Gallery. The gallery features the work of over 200 fine artists and craftsmen from across North America, including pieces by the late Bill Mullaly, and offers an impressive collection of pottery, jewelry, original paintings, wood, glass, and other mixed media. Well known among both locals and visitors, the gallery has earned a reputation for its “Outstanding Glass† and one-of-a-kind artistic offerings. The upper level includes a thoughtfully designed owner’s residence added by the current owner, offering flexible living space with a generous primary suite featuring a jetted tub and walk-in closet, a large guest bedroom, and a den suitable for a variety of uses, including a potential non-conforming third bedroom. One wood-burning fireplace is located within the residence, while a second adds character and ambiance to the gallery addition. The residence also features a spacious private deck, ideal for outdoor living, with views toward the harbor. Additional amenities include a two-car garage and a fenced outdoor area. This offering includes both the real estate and the business, presenting a unique opportunity in a prime downtown location. Inventory will be transferred via a separate bill of sale. 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.

Listing Highlights

Status Active
Days on Site 164
Property Type Commercial Sale
MLS ® 78080066961
Year Built 1948
Lot/Acreage 0.07
County Antrim
School District Elk Rapids

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas,Wood
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 4564
  • Basement: Basement
  • Other: Forced Air
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 130X25
  • Zoning: Commercial
  • Roof:
  • Others: Frame,Vinyl
  • Sewer: Sewer (Sewer-Sanitary)

Financial Details

  • Tax Amount: $3,877
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 054325001300
  • Tax Year: N/A

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128 River St Elk Rapids Twp, MI 49629

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Originating MLS: Aspire North REALTORS®

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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