Commercial

Elk Rapids, MI Commercial Land for Sale

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Williamsburg, MI Rapid City, MI Traverse City, MI Kewadin, MI Alden, MI Bellaire, MI Acme, MI Suttons Bay, MI
Cleared Commercial Development Parcel
Updated: Dec 9, 2025
Cleared Commercial Development Parcel

875 Green St, Elk Rapids, MI 49629

$1,800,000
7.00 AC lot
Cleared 7‑acre commercial development parcel in Elk Rapids, located in a high‑traffic area between Traverse City and Charlevoix
City water, sewer, and natural gas are available at the property
Elk Lake access is about 400 feet away
Walkable to downtown Elk Rapids, beaches, dining, and other local amenities
Property is suitable for a wide range of uses, including hotel, senior housing, apartments, office, and retail
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
1 active listing matches your search: Commercial Land for sale in Elk Rapids, MI. Based on your search, we've also compiled 74 Potential Opportunities for your consideration: 4 properties in nearby cities and 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.

Flex Space with Historic Structures
Flex Space with Historic Structures

12924 McLachlan Road, Kewadin, MI 49648

$304,900
3,500 sqft 2.29 AC lot

Includes utility-equipped workshop space, a historic barn, and a one-room schoolhouse.

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Commercial Land with Historic Structures
Commercial Land with Historic Structures

12924 MCLACHLAN ROAD, Kewadin, MI 49648

$304,900

Two access points serve a mixed-improvement property with utility-equipped work and storage buildings.

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Commercial Land with Curb Cut
Commercial Land with Curb Cut

M-72, Williamsburg, MI 49690

$550,000
13.60 AC lot

Commercially zoned land with documented access planning and utilities along the eastern side of the property.

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Commercial Land Parcel
Commercial Land Parcel

M-72, Williamsburg, MI 49690

$650,000
11.00 AC lot

Commercially zoned land with an established access plan and utility availability along the east side.

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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

Cairn Hwy, Elk Rapids, MI 49629

Estimated value:
$405,000
0.63 AC lot
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Elk Rapids, MI 49629
VACANT COMMERCIAL LAND

Elk Rapids, MI 49629

Estimated value: by Request
2.21 AC lot
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112 Dexter St
VACANT COMMERCIAL LAND

112 Dexter St, Elk Rapids, MI 49629-5102

Estimated value: by Request
View details
124 Lk St
VACANT COMMERCIAL LAND

124 Lk St, Elk Rapids, MI 49629-9750

Estimated value: by Request
0.29 AC lot
View details
Elk Rapids, MI 49629
VACANT COMMERCIAL LAND

Elk Rapids, MI 49629

Estimated value: by Request
0.06 AC lot
View details
207 Riv St
VACANT COMMERCIAL LAND

207 Riv St, Elk Rapids, MI 49629-9605

Estimated value: by Request
View details
215 Dexter St
VACANT COMMERCIAL LAND

215 Dexter St, Elk Rapids, MI 49629-9606

Estimated value: by Request
0.75 AC lot
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Partridge Trl
VACANT COMMERCIAL LAND

Partridge Trl, Elk Rapids, MI 49629

Estimated value: by Request
22.00 AC lot
View details
Bayshore Dr
VACANT COMMERCIAL LAND

Bayshore Dr, Elk Rapids, MI 49629

Estimated value: by Request
2.50 AC lot
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506 Spruce St
VACANT COMMERCIAL LAND

506 Spruce St, Elk Rapids, MI 49629-9712

Estimated value: by Request
View details
Williams Dr
VACANT COMMERCIAL LAND

Williams Dr, Elk Rapids, MI 49629

Estimated value: by Request
View details
Williams Dr
VACANT COMMERCIAL LAND

Williams Dr, Elk Rapids, MI 49629

Estimated value: by Request
View details
Williams Dr
VACANT COMMERCIAL LAND

Williams Dr, Elk Rapids, MI 49629

Estimated value: by Request
View details
Williams Ct
VACANT COMMERCIAL LAND

Williams Ct, Elk Rapids, MI 49629

Estimated value: by Request
View details
16155 Wanigan Dr
VACANT COMMERCIAL LAND

16155 Wanigan Dr, Elk Rapids, MI 49629-9320

Estimated value: by Request
2.73 AC lot
View details
Us Hwy 31
VACANT COMMERCIAL LAND

Us Hwy 31, Elk Rapids, MI 49629

Estimated value: by Request
View details
333 Rivershore Dr
VACANT COMMERCIAL LAND

333 Rivershore Dr, Elk Rapids, MI 49629-9595

Estimated value: by Request
0.30 AC lot
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410 Riv St
VACANT COMMERCIAL LAND

410 Riv St, Elk Rapids, MI 49629-9723

Estimated value: by Request
View details
Partridge Trl
VACANT COMMERCIAL LAND

Partridge Trl, Elk Rapids, MI 49629

Estimated value: by Request
View details
875 Grn St
VACANT COMMERCIAL LAND

875 Grn St, Elk Rapids, MI 49629-9780

Estimated value: by Request
View details
507 Elm St
VACANT COMMERCIAL LAND

507 Elm St, Elk Rapids, MI 49629-9729

Estimated value: by Request
View details

Elk Rapids, MI Commercial Land Market Trends and Statistics

Explore 71 commercial land for sale in Elk Rapids, MI on our real estate platform. These investment opportunities span a total of 304,920 square feet of properties for sale, with an estimated market value of $1,800,000.

Sale prices for commercial lots in Elk Rapids, MI average $1,800,000 — 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

Commercial property segments ranked by active listings on the market

Residential land & home lots 21
Waterfront Land 2
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 average listing prices of real estate assets

Neighborhood Average Price
49629 $1.8M

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Antrim County

New Delisted

Total CRE Inventory on Market (SF)

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