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    Elk Rapids, MI

    Elk Rapids, MI Commercial Real Estate for Sale

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    11 properties
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    Cottage Resort Near Bay
    Updated: Sep 4
    Cottage Resort Near Bay

    917 S Bayshore Drive, Elk Rapids, MI 49629

    $1,750,000
    4,000 sqft 5.88 AC lot
    10 individual cottages, with 9 currently participating in the rental program
    Accommodations range from a 160‑square‑foot efficiency to a two‑bedroom retreat
    Cottages can collectively host up to 28 guests
    4,000 square feet of property improvements
    Across from Elk Rapids Day Park with public access to a quarter‑mile East Grand Traverse Bay shoreline
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    Restored Cottage Court Resort
    Updated: Aug 13
    Restored Cottage Court Resort

    917 S Bayshore Drive, Elk Rapids, MI 49629

    $1,750,000
    4,000 sqft 5.88 AC lot
    Restored 1938 cottage court with 10 individual cottages
    Nine cottages currently participate in the rental program
    Guest accommodations range from a 160‑square‑foot efficiency to a two‑bedroom retreat
    Combined lodging capacity of up to 28 guests
    New flooring, electrical, and plumbing throughout the cottages
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    Manufacturing Building With Heavy Power
    Manufacturing Building With Heavy Power

    222 Industrial Park Drive, Elk Rapids, MI 49629

    $1,250,000
    18,483 sqft 1.71 AC lot

    Maintained industrial facility with production, storage, office areas, and direct waterfrontage on Bass Lake.

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    See hot listings in Elk Rapids

    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
    Mixed-Use Building with Elevator
    Mixed-Use Building with Elevator

    201 River St, Elk Rapids, MI 49629

    $1,200,000
    8,355 sqft

    The upper floor contains two renovated apartments connected by an interior door, with elevator access between levels.

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    Self-Storage Unit with Loft
    Self-Storage Unit with Loft

    Herrman Road, Elk Rapids, MI 49629

    $46,900
    768 sqft

    Steel storage unit with loft, utilities, and high-clearance access for boat or equipment storage.

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    Heated Warehouse Storage Unit
    Heated Warehouse Storage Unit

    Herman Road, Elk Rapids, MI 49629

    $57,500
    1,056 sqft 0.01 AC lot

    Insulated commercial storage space with a private bathroom and oversized overhead access.

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    Mixed-Use Downtown Building
    Mixed-Use Downtown Building

    1-144 River St, Elk Rapids, MI 49629

    $499,000
    2,953 sqft

    Ground-floor commercial space with a garden studio apartment and lower-level storage, supported by B2 zoning.

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    Restored Cottage Court Resort
    Restored Cottage Court Resort

    917 S Bayshore Drive, Elk Rapids, MI 49629

    $1,750,000
    5.00 AC lot

    Ten renovated cottages with shared outdoor gathering areas sit across from public beach access.

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    Heated Insulated Storage Warehouse
    Heated Insulated Storage Warehouse

    00 Herrman Rd, Elk Rapids, MI 49629

    $57,500
    800 sqft

    Insulated, heated storage unit with a full bathroom and large overhead door.

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    Cleared Commercial Development Parcel
    Cleared Commercial Development Parcel

    875 Green St, Elk Rapids, MI 49629

    $1,800,000
    7.00 AC lot

    Cleared 7-acre parcel with city water, sewer, and natural gas for flexible mixed-use development.

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    Mixed-Use Property with Garage
    Mixed-Use Property with Garage

    312 Pine Street, Elk Rapids, MI 49629

    $495,000
    3,475 sqft

    R-2-zoned property with grandfathered commercial use and potential for residential or approved community-oriented conversion.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in Elk Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

    Restored Victorian Bed & Breakfast
    Restored Victorian Bed & Breakfast

    18599 Mission Road, Traverse City, MI 49686

    $4,260,000
    5,644 sqft 10.86 AC lot

    Guest accommodations pair dining areas with a commercial kitchen and covered porch.

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    High-Clearance Boat Storage Warehouse
    High-Clearance Boat Storage Warehouse

    13703 Campbell Road, Kewadin, MI 49648

    $3,950,000
    92,354 sqft 32.17 AC lot

    Mixed boat and mini-storage operation with an office, maintenance shop, and supporting service equipment.

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    Warehouse Storage Condo with Door
    Warehouse Storage Condo with Door

    6950 Windjammer Avenue, Kewadin, MI 49648

    $92,000
    880 sqft

    Steel construction, electrical outlets, and generous ceiling clearance support enclosed storage for recreational equipment and other personal property.

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    Cherry Farm with Bay Views
    Cherry Farm with Bay Views

    12586 Center Drive, Traverse City, MI 49686

    $3,999,000
    56.30 AC lot

    Agricultural land with a ridge crest and views across both bays.

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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.

    312 Pne St
    COMMERCIAL (GENERAL)

    312 Pne St, Elk Rapids, MI 49629-9535

    Estimated value:
    $300,000
    View details
    115 Ames St Sta, Unit A
    COMMERCIAL (GENERAL)

    115 Ames St Sta, Elk Rapids, MI 49629-9800

    Unit A
    Estimated value:
    $250,000
    View details
    10409 Bayshore Dr, Unit F-8
    COMMERCIAL (GENERAL)

    10409 Bayshore Dr, Elk Rapids, MI 49629-9549

    Unit F-8
    Estimated value: by Request
    View details
    10409 Bayshore Dr, Unit F-16
    COMMERCIAL (GENERAL)

    10409 Bayshore Dr, Elk Rapids, MI 49629-9549

    Unit F-16
    Estimated value: by Request
    View details
    Elk Rapids, MI 49629
    COMMERCIAL (GENERAL)

    Elk Rapids, MI 49629

    Estimated value:
    $55,000
    View details
    145 Ames St
    COMMERCIAL (GENERAL)

    145 Ames St, Elk Rapids, MI 49629-9739

    Estimated value:
    $320,000
    1,608 sqft 0.30 AC lot
    View details
    Cairn Hwy
    VACANT COMMERCIAL LAND

    Cairn Hwy, Elk Rapids, MI 49629

    Estimated value:
    $405,000
    0.63 AC lot
    View details
    135 Riv St
    COMMERCIAL (GENERAL)

    135 Riv St, Elk Rapids, MI 49629-9614

    Estimated value:
    $375,000
    2,250 sqft
    View details

    Elk Rapids, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Elk Rapids, MI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 43,890 square feet of properties for sale, with an estimated market value of $10,655,900.

    Sale prices for business properties in Elk Rapids, MI start at $46,900, averaging $968,718, and reaching up to $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.

    Elk Rapids, MI CRE market trends — vacancy, lease rates and price per SF, updated monthly
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    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 $968.7K

    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

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