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    Elk Rapids, MI Commercial Land for Sale

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    Williamsburg, MI Kewadin, MI Traverse City, MI
    Historic Corner Commercial Building
    $899,900
    1,437 SF

    Historic Corner Commercial Building

    130 River St, Elk Rapids, MI 49629

    Prime commercial property in downtown Elk Rapids near the waterfront.

    • Prime downtown Elk Rapids location, near marina, waterfront, shopping, and dining.
    • Historic commercial building with original character, including exposed brick, tile, and hardwood.
    • High visibility corner property with significant frontage.
    • Redevelopment potential, including mixed‑use (residential above commercial, subject to approval).
    • Walkable setting in a desirable waterfront community.
    Updated: May 20
    View details
    Based on your search, we've compiled 75 Potential Opportunities for your consideration. Besides 1 Active listings in Elk Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Mixed-Use Development Opportunity
    $1,995,000
    12,259 SF

    Prime Mixed-Use Development Opportunity

    Shovel-ready 4.35-acre site with mixed-use potential in Williamsburg, MI.

    4160 E M-72 E, Williamsburg, MI 49690
    View details
    KOTI Resort Multifamily Development Opportunity
    $4,900,000
    1,780 SF

    KOTI Resort Multifamily Development Opportunity

    9-acre parcel with site plan for 146 units.

    5961 E Oslo Street, Williamsburg, MI 49690
    View details
    Bellaire Medical District Land
    $99,900
    11.11 Acres

    Bellaire Medical District Land

    Commercial vacant property in Bellaire's medical district, ideal for development.

    00 S M-88, Bellaire, MI 49615
    View details
    Bellaire Commercial Land For Sale
    $99,900
    11.11 Acres

    Bellaire Commercial Land For Sale

    Vacant commercial property in Bellaire's medical district, 11.11 acres.

    00 S M-88, Bellaire, MI 49615
    View details

    Off-Market Properties in Elk Rapids, MI

    Consider similar Off-Market properties in Elk Rapids, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Cairn Hwy
    VACANT COMMERCIAL LAND
    Lot: 0.63 Acres
    Value Estimation by Request

    Cairn Hwy, Elk Rapids, MI 49629

    View details
    Elk Rapids, MI 49629
    VACANT COMMERCIAL LAND
    Lot: 2.21 Acres
    Value Estimation by Request

    Elk Rapids, MI 49629

    View details
    112 Dexter St
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    112 Dexter St, Elk Rapids, MI 49629-5102

    View details
    Elk Rapids, MI 49629
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Elk Rapids, MI 49629

    View details
    Elk Rapids, MI 49629
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Elk Rapids, MI 49629

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    124 Lk St
    VACANT COMMERCIAL LAND
    Lot: 0.29 Acres
    Value Estimation by Request

    124 Lk St, Elk Rapids, MI 49629-9750

    View details
    Elk Rapids, MI 49629
    VACANT COMMERCIAL LAND
    Lot: 0.06 Acres
    Value Estimation by Request

    Elk Rapids, MI 49629

    View details
    207 Riv St
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    207 Riv St, Elk Rapids, MI 49629-9605

    View details
    215 Dexter St
    VACANT COMMERCIAL LAND
    Lot: 0.75 Acres
    Value Estimation by Request

    215 Dexter St, Elk Rapids, MI 49629-9606

    View details
    Partridge Trl
    VACANT COMMERCIAL LAND
    Lot: 22.00 Acres
    Value Estimation by Request

    Partridge Trl, Elk Rapids, MI 49629

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    Bayshore Dr
    VACANT COMMERCIAL LAND
    Lot: 2.50 Acres
    Value Estimation by Request

    Bayshore Dr, Elk Rapids, MI 49629

    View details
    506 Spruce St
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    506 Spruce St, Elk Rapids, MI 49629-9712

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    Williams Dr
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Williams Dr, Elk Rapids, MI 49629

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    Williams Dr
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Williams Dr, Elk Rapids, MI 49629

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    Williams Dr
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Williams Dr, Elk Rapids, MI 49629

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    Williams Ct
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Williams Ct, Elk Rapids, MI 49629

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    16155 Wanigan Dr
    VACANT COMMERCIAL LAND
    Lot: 2.73 Acres
    Value Estimation by Request

    16155 Wanigan Dr, Elk Rapids, MI 49629-9320

    View details
    Us Hwy 31
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Us Hwy 31, Elk Rapids, MI 49629

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    333 Rivershore Dr
    VACANT COMMERCIAL LAND
    Lot: 0.30 Acres
    Value Estimation by Request

    333 Rivershore Dr, Elk Rapids, MI 49629-9595

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    410 Riv St
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    410 Riv St, Elk Rapids, MI 49629-9723

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    Partridge Trl
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Partridge Trl, Elk Rapids, MI 49629

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    875 Grn St
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    875 Grn St, Elk Rapids, MI 49629-9780

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    507 Elm St
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    507 Elm St, Elk Rapids, MI 49629-9729

    View details

    Elk Rapids, MI Commercial Land Investment Opportunities Market Analysis

    Explore 71 commercial land for sale in Elk Rapids, MI on our real estate platform. These investment opportunities span a total of 1,437 square feet of properties for sale, with an estimated market value of $899,900.

    Sale prices for commercial lots in Elk Rapids, MI start at $899,900, averaging $899,900, and reaching up to $899,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Residential land & home lots 8
    Commercial land 1

    Demographics Overview

    Population 2,037
    Population Growth (5Y) +0.1%
    Median Household Income $74,318
    College Educated 62.2%

    High-Yield Neighborhoods for Investment

    Identify Elk Rapids submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49629 $899.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $21.92 per sq ft
    Tax Rate vs County Average 0.43 pp below county avg
    Average Loan-to-Value 65.0%

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