Commercial

Elk Rapids, MI Commercial Land for Sale

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Kewadin, MI Traverse City, MI Rapid City, MI Williamsburg, MI Alden, MI Acme, MI Bellaire, MI Suttons Bay, MI
Cleared Commercial Development Parcel
Updated: Mar 18
Cleared Commercial Development Parcel

875 Green St, Elk Rapids, MI 49629

$2,000,000
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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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.

Versatile Property with Development Potential
Versatile Property with Development Potential

Williamsburg, MI 49690

$674,900
4.69 AC lot

Income-generating duplex with light industrial zoning and development opportunities.

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Commercial Land with Rental Cabins
Commercial Land with Rental Cabins

1470 US-31 N, Traverse City, MI 49686

$499,000
1,000 sqft 0.66 AC lot

Commercially zoned land with two cabins and a storage garage, near state park and the TART trail.

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Ready-to-Build Regional Business Land
Ready-to-Build Regional Business Land

1818 N US-31, Traverse City, MI 49686

$575,000
0.76 AC lot

Vacant parcel with Regional Business zoning and direct TART Trail access for commercial, residential, or mixed-use development.

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Commercial Land Parcel with Corner Access
Commercial Land Parcel with Corner Access

M-72, Williamsburg, MI 49690

$550,000
13.60 AC lot

Commercial-zoned land with an MDOT curb cut underway and rezoning effort for nearby acreage in process.

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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

Value Estimation by Request
0.63 AC lot
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Elk Rapids, MI 49629
VACANT COMMERCIAL LAND

Elk Rapids, MI 49629

Value Estimation by Request
2.21 AC lot
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112 Dexter St
VACANT COMMERCIAL LAND

112 Dexter St, Elk Rapids, MI 49629-5102

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

Elk Rapids, MI 49629

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

Elk Rapids, MI 49629

Value Estimation by Request
View details
124 Lk St
VACANT COMMERCIAL LAND

124 Lk St, Elk Rapids, MI 49629-9750

Value Estimation by Request
0.29 AC lot
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Elk Rapids, MI 49629
VACANT COMMERCIAL LAND

Elk Rapids, MI 49629

Value Estimation by Request
0.06 AC lot
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207 Riv St
VACANT COMMERCIAL LAND

207 Riv St, Elk Rapids, MI 49629-9605

Value Estimation by Request
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215 Dexter St
VACANT COMMERCIAL LAND

215 Dexter St, Elk Rapids, MI 49629-9606

Value Estimation by Request
0.75 AC lot
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Partridge Trl
VACANT COMMERCIAL LAND

Partridge Trl, Elk Rapids, MI 49629

Value Estimation by Request
22.00 AC lot
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Bayshore Dr
VACANT COMMERCIAL LAND

Bayshore Dr, Elk Rapids, MI 49629

Value Estimation by Request
2.50 AC lot
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506 Spruce St
VACANT COMMERCIAL LAND

506 Spruce St, Elk Rapids, MI 49629-9712

Value Estimation by Request
View details
Williams Dr
VACANT COMMERCIAL LAND

Williams Dr, Elk Rapids, MI 49629

Value Estimation by Request
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Williams Dr
VACANT COMMERCIAL LAND

Williams Dr, Elk Rapids, MI 49629

Value Estimation by Request
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Williams Dr
VACANT COMMERCIAL LAND

Williams Dr, Elk Rapids, MI 49629

Value Estimation by Request
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Williams Ct
VACANT COMMERCIAL LAND

Williams Ct, Elk Rapids, MI 49629

Value Estimation by Request
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16155 Wanigan Dr
VACANT COMMERCIAL LAND

16155 Wanigan Dr, Elk Rapids, MI 49629-9320

Value Estimation by Request
2.73 AC lot
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Us Hwy 31
VACANT COMMERCIAL LAND

Us Hwy 31, Elk Rapids, MI 49629

Value Estimation by Request
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333 Rivershore Dr
VACANT COMMERCIAL LAND

333 Rivershore Dr, Elk Rapids, MI 49629-9595

Value Estimation by Request
0.30 AC lot
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410 Riv St
VACANT COMMERCIAL LAND

410 Riv St, Elk Rapids, MI 49629-9723

Value Estimation by Request
View details
Partridge Trl
VACANT COMMERCIAL LAND

Partridge Trl, Elk Rapids, MI 49629

Value Estimation by Request
View details
875 Grn St
VACANT COMMERCIAL LAND

875 Grn St, Elk Rapids, MI 49629-9780

Value Estimation by Request
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507 Elm St
VACANT COMMERCIAL LAND

507 Elm St, Elk Rapids, MI 49629-9729

Value Estimation by Request
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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 0 square feet of properties for sale, with an estimated market value of $2,000,000.

Sale prices for commercial lots in Elk Rapids, MI start at $2,000,000, averaging $2,000,000, and reaching up to $2,000,000 — 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 8

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 $899.9K

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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