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    Elk Rapids, MI Commercial Real Estate for Sale

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    Kewadin, MI Traverse City, MI Rapid City, MI
    Elk Rapids Manufacturing/Warehouse Opportunity
    $1,500,000
    18,483 SF

    Elk Rapids Manufacturing/Warehouse Opportunity

    222 Industrial Park Drive, Elk Rapids, MI 49629

    Well-maintained 18,483 SF manufacturing/warehouse building in Elk Rapids, MI.

    • Prime industrial location in Elk Rapids, MI.
    • Direct waterfrontage on Bass Lake.
    • Immaculately maintained 18,483 SF building constructed in 2000.
    • Heavy power and ample space for production, storage, and office needs.
    • Modern construction and favorable zoning.
    Updated: Nov 5, 2025
    View details
    Remodeled Restaurant Building in Elk Rapids
    $1,174,000
    5,580 SF

    Remodeled Restaurant Building in Elk Rapids

    151 River Street, Elk Rapids, MI 49629

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

    • Prime 5,580 SF single‑tenant restaurant building in Downtown Elk Rapids.
    • Recently remodeled with high‑end commercial kitchen and quality interior finishes.
    • Welcoming outdoor patio area with seating for about 40.
    • Located on River Street, offering excellent visibility and foot traffic.
    • Turn‑key restaurant property with efficient back‑of‑house design.
    Updated: Mar 5
    View details
    Storage Condo Near Elk Rapids
    $46,900
    768 SF

    Storage Condo Near Elk Rapids

    Storage unit with loft, tall ceilings, and easy access.

    TBD Herrman Road, Elk Rapids, MI 49629
    View details
    Based on your search, we've compiled 513 Potential Opportunities for your consideration. Besides 3 Active listings in Elk Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 506 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.

    Kewadin Storage and Service Business
    $4,250,000
    92,354 SF

    Kewadin Storage and Service Business

    32-acre property with boat and mini storage, plus equipment.

    13703 Campbell Road, Kewadin, MI 49648
    View details
    Elk Lake Market & Gas
    $649,900
    2,000 SF

    Elk Lake Market & Gas

    Market and gas station on Elk Lake with waterfront views.

    Kewadin, MI 49648
    View details
    23 Acres with Torch Lake Views
    $319,900
    22.96 Acres

    23 Acres with Torch Lake Views

    23 acres of agricultural land with panoramic Torch Lake views.

    Helena Road, Alden, MI 49612
    View details
    Downtown Alden Commercial Building
    $450,000
    3,315 SF

    Downtown Alden Commercial Building

    Commercial building in downtown Alden, near Torch Lake.

    Alden, MI 49612
    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.

    Us 31

    Us 31

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Us 31, Elk Rapids, MI 49629
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    Us 31

    Us 31

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Us 31, Elk Rapids, MI 49629
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    312 Pne St

    312 Pne St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    312 Pne St, Elk Rapids, MI 49629-9535
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    Elk Rapids, MI 49629

    Elk Rapids, MI 49629

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Elk Rapids, MI 49629
    View details
    115 Ames St Sta, Unit A

    115 Ames St Sta, Unit A

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    115 Ames St Sta, Elk Rapids, MI 49629-9800
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    10409 Bayshore Dr, Unit F-8

    10409 Bayshore Dr, Unit F-8

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    10409 Bayshore Dr, Elk Rapids, MI 49629-9549
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    10409 Bayshore Dr, Unit F-16

    10409 Bayshore Dr, Unit F-16

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    10409 Bayshore Dr, Elk Rapids, MI 49629-9549
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    Elk Rapids, MI 49629

    Elk Rapids, MI 49629

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Elk Rapids, MI 49629
    View details
    Elk Rapids, MI 49629

    Elk Rapids, MI 49629

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Elk Rapids, MI 49629
    View details
    145 Ames St

    145 Ames St

    COMMERCIAL (GENERAL) • 1,608 SF
    Value Estimation by Request
    145 Ames St, Elk Rapids, MI 49629-9739
    View details
    Elk Rapids, MI 49629

    Elk Rapids, MI 49629

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Elk Rapids, MI 49629
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    Cairn Hwy

    Cairn Hwy

    VACANT COMMERCIAL LAND • 0.63 Acres
    Value Estimation by Request
    Cairn Hwy, Elk Rapids, MI 49629
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    135 Riv St

    135 Riv St

    COMMERCIAL (GENERAL) • 2,250 SF
    Value Estimation by Request
    135 Riv St, Elk Rapids, MI 49629-9614
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    Us 31

    Us 31

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Us 31, Elk Rapids, MI 49629
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    100 Riv St, Unit 101

    100 Riv St, Unit 101

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    100 Riv St, Elk Rapids, MI 49629-9615
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    Elk Rapids, MI 49629

    Elk Rapids, MI 49629

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Elk Rapids, MI 49629
    View details
    1049 Tyler James Ln, Unit 6

    1049 Tyler James Ln, Unit 6

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    1049 Tyler James Ln, Elk Rapids, MI 49629
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    140 Riv St, Unit A

    140 Riv St, Unit A

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    140 Riv St, Elk Rapids, MI 49629-5126
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    Elk Rapids, MI 49629

    Elk Rapids, MI 49629

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Elk Rapids, MI 49629
    View details
    Elk Rapids, MI 49629

    Elk Rapids, MI 49629

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Elk Rapids, MI 49629
    View details
    Elk Rapids, MI 49629

    Elk Rapids, MI 49629

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Elk Rapids, MI 49629
    View details

    Elk Rapids, MI Commercial Real Estate Investment Opportunities Market Analysis

    Explore 509 commercial real estate for sale in Elk Rapids, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 24,831 square feet of properties for sale, with an estimated market value of $2,720,900.

    Sale prices for business properties in Elk Rapids, MI start at $46,900, averaging $906,966, 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 Strategic 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 $907K

    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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