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Elk Rapids, MI

Elk Rapids, MI Commercial Real Estate for Sale

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Williamsburg, MI Kewadin, MI Traverse City, MI

6 properties

Industrial Building with Waterfrontage

Updated: Mar 10

Industrial Building with Waterfrontage

222 Industrial Park Dr, Elk Rapids, MI 49629

$1,500,000

18,483 sqft · 1.71 AC lot

Prime industrial location in Elk Rapids, MI with direct waterfrontage on Bass Lake.
Immaculately maintained 18,483 SF building constructed in 2000.
Ideal for manufacturing and industrial operations with ample space for production, storage, and office needs.
Equipped with heavy power to support diverse industrial/manufacturing users.
Currently configured as a clean manufacturing space.

This listing looks promising.

Here's a quick look at some key insights for

222 Industrial Park Dr, Elk Rapids, MI 49629

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Est. Cap Rate

6.7%
Above avg (5.9%)
Est. NOI

$100K
Annual
Price @ 7% Cap

$1.43M
Suggested

View Property Analytics

Industrial Waterfront Manufacturing Building

Updated: Nov 5, 2025

Industrial Waterfront Manufacturing Building

222 Industrial Park Drive, Elk Rapids, MI 49629

$1,500,000

18,483 sqft · 1.71 AC lot

18,483 SF industrial building constructed in 2000
Direct waterfrontage on Bass Lake in Elk Rapids, MI
Block construction with block exterior features
Membrane roof and parking lot on site
Currently configured as clean manufacturing space with room for production, storage, and office needs

Remodeled Restaurant Building in Elk Rapids

Remodeled Restaurant Building in Elk Rapids

151 River Street, Elk Rapids, MI 49629

$1,174,000

5,580 sqft · 0.18 AC lot

Turn-key restaurant with outdoor dining in desirable downtown market.

Historic Corner Commercial Building

Historic Corner Commercial Building

130 River St, Elk Rapids, MI 49629

$899,900

1,437 sqft · 0.08 AC lot

Prime commercial property in downtown Elk Rapids near the waterfront.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Mixed-Use Downtown Building

Mixed-Use Downtown Building

1-144 River St, Elk Rapids, MI 49629

$549,000

2,953 sqft

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

Storage Warehouse Unit with Vertical Doors

Storage Warehouse Unit with Vertical Doors

Herrman Road, Elk Rapids, MI 49629

$46,900

768 sqft

16-by-48 unit with vertical doors, loft, electric and water for versatile storage, including boats.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Elk Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

Elk Lake Market & Gas

Elk Lake Market & Gas

Kewadin, MI 49648

$649,900

2,000 sqft · 1.00 AC lot

Market and gas station on Elk Lake with waterfront views.

Industrial Compound Near Traverse City

Industrial Compound Near Traverse City

Williamsburg, MI 49690

$995,000

63,240 sqft · 8.00 AC lot

63,240 SF industrial facility on 8+ acres.

Storage Condo with 16x16 Door

Storage Condo with 16x16 Door

6950 Windjammer Avenue, Kewadin, MI 49648

$92,000

880 sqft

Storage condo includes electric outlets and an overhead door with opener for convenient secure storage.

Versatile Commercial Property on US-31

Versatile Commercial Property on US-31

11428 S US-31, Williamsburg, MI 49690

$795,000

2,800 sqft · 1.53 AC lot

Commercial property with frontage on US-31, south of Elk Rapids.

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.

COMMERCIAL (GENERAL)

Us 31, Elk Rapids, MI 49629

Value Estimation by Request

COMMERCIAL (GENERAL)

Us 31, Elk Rapids, MI 49629

Value Estimation by Request

COMMERCIAL (GENERAL)

312 Pne St, Elk Rapids, MI 49629-9535

Value Estimation by Request

Elk Rapids, MI 49629

COMMERCIAL (GENERAL)

Elk Rapids, MI 49629

Value Estimation by Request

115 Ames St Sta, Unit A

COMMERCIAL (GENERAL)

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

Unit A

Value Estimation by Request

10409 Bayshore Dr, Unit F-8

COMMERCIAL (GENERAL)

10409 Bayshore Dr, Elk Rapids, MI 49629-9549

Unit F-8

Value Estimation by Request

10409 Bayshore Dr, Unit F-16

COMMERCIAL (GENERAL)

10409 Bayshore Dr, Elk Rapids, MI 49629-9549

Unit F-16

Value Estimation by Request

Elk Rapids, MI 49629

COMMERCIAL (GENERAL)

Elk Rapids, MI 49629

Value Estimation by Request

Elk Rapids, MI 49629

COMMERCIAL (GENERAL)

Elk Rapids, MI 49629

Value Estimation by Request

COMMERCIAL (GENERAL)

145 Ames St, Elk Rapids, MI 49629-9739

Value Estimation by Request

1,608 sqft · 0.30 AC lot

Elk Rapids, MI 49629

COMMERCIAL (GENERAL)

Elk Rapids, MI 49629

Value Estimation by Request

VACANT COMMERCIAL LAND

Cairn Hwy, Elk Rapids, MI 49629

Value Estimation by Request

0.63 AC lot

COMMERCIAL (GENERAL)

135 Riv St, Elk Rapids, MI 49629-9614

Value Estimation by Request

2,250 sqft

COMMERCIAL (GENERAL)

Us 31, Elk Rapids, MI 49629

Value Estimation by Request

100 Riv St, Unit 101

COMMERCIAL (GENERAL)

100 Riv St, Elk Rapids, MI 49629-9615

Unit 101

Value Estimation by Request

Elk Rapids, MI 49629

COMMERCIAL (GENERAL)

Elk Rapids, MI 49629

Value Estimation by Request

1049 Tyler James Ln, Unit 6

COMMERCIAL (GENERAL)

1049 Tyler James Ln, Elk Rapids, MI 49629

Unit 6

Value Estimation by Request

140 Riv St, Unit A

COMMERCIAL (GENERAL)

140 Riv St, Elk Rapids, MI 49629-5126

Unit A

Value Estimation by Request

Elk Rapids, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Elk Rapids, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 47,704 square feet of properties for sale, with an estimated market value of $5,669,800.

Sale prices for business properties in Elk Rapids, MI start at $46,900, averaging $944,966, and reaching up to $1,500,000 — 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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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	$834K

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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