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    Rapid River, MI

    Rapid River, MI Commercial Real Estate for Sale

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    Gladstone, MI Perkins, MI Cornell, MI Rock, MI Wells, MI Escanaba, MI Nahma, MI Trenary, MI
    6 properties
    Historic Inn with Bar and Dining
    Updated: Apr 22
    Historic Inn with Bar and Dining

    10468 S Main Street, Rapid River, MI 49878

    $299,900
    3,938 sqft 0.26 AC lot
    Established Business with Over 100 Years of Operation: An iconic business in the heart of Rapid River.
    Turn‑Key Operation: Includes a full bar, dining area, kitchen, public bathrooms, stock, tables, and chairs (excluding liquor).
    Favorable Reputation: Known for "Best Fish Fry in the U.P." and a one‑of‑a‑kind salad bar.
    Income Potential: Apartments upstairs can be remodeled for on‑site living or additional income.
    Licenses Included: Comes with a Class C Liquor license and Michigan Lottery Retailer license.
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    This listing looks promising.

    Here's a quick look at some key insights for

    10468 S Main Street, Rapid River, MI 49878

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $216K
      Suggested

    • Last Sold

      Apr 2007
      $33K
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    Wooded Hunting Land
    Updated: Aug 10
    Wooded Hunting Land

    TBD CO RD 511 W.5, Rapid River, MI 49878

    $254,900
    240 acres with approximately 62 acres of hay field and the balance wooded
    Borders National Forest and fronts a county road
    Five hunting blinds included on the property
    Pond and fruit trees on site
    Primitive road crosses the property
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    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    TBD US2, Rapid River, MI 49878

    $2,000,000

    Commercial land along US 2 with potential for a hotel, resort, or food establishment.

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    Commercial Land
    Commercial Land

    7683 US2 HIGHWAY, Rapid River, MI 49878

    $49,900

    Commercial District 2 zoning with a wastewater system passing by the property.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Prime Land in Rapid River
    Prime Land in Rapid River

    7683 US2 Highway, Rapid River, MI 49878

    $49,900
    1.97 AC lot

    Commercial land with high traffic exposure in Rapid River, MI.

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    Commercial Land at Highway Intersection
    Commercial Land at Highway Intersection

    TBD US2, Rapid River, MI 49878

    $40,000

    Commercial land positioned where two U.S. highways meet in Rapid River, between established commercial properties.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Rapid River, 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.

    Car Wash With Storage Units
    Car Wash With Storage Units

    2701 N Lincoln Road, Escanaba, MI 49829

    $2,400,000
    3,520 sqft 1.27 AC lot

    Operating car wash with upgraded equipment, auxiliary storage, office space, and recurring customer accounts.

    View details
    Light Manufacturing Multi-Building Campus
    Light Manufacturing Multi-Building Campus

    2905 N Lincoln Rd, Escanaba, MI 49829

    Contact for pricing
    37,765 sqft 9.70 AC lot

    Multi-building campus with light manufacturing zoning, large overhead doors, and extensive fenced, secure storage.

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    Flexible Medical Office Building
    Flexible Medical Office Building

    128 Michigan, Gladstone, MI 49837

    Contact for pricing
    6,200 sqft 1.00 AC lot

    Former OSF medical building offers over 6,200 sq. ft. with interior walls that can be reconfigured for new uses.

    View details
    Established Party Store Business Opportunity
    Established Party Store Business Opportunity

    6998 US-2, Gladstone, MI 49837

    Contact for pricing
    1,500 sqft 0.29 AC lot

    Turn-key party store with growth potential in prime location.

    View details

    Off-Market Properties in Rapid River, MI

    Consider similar Off-Market properties in Rapid River, 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.

    8195 415th Rd
    COMMERCIAL (GENERAL)

    8195 415th Rd, Rapid River, MI 49878-9719

    $65,000
    Estimated value
    1.00 AC lot
    View details
    10154 Us Hwy 2nd 2
    COMMERCIAL (GENERAL)

    10154 Us Hwy 2nd 2, Rapid River, MI 49878-9237

    $405,000
    Estimated value
    2.23 AC lot
    View details
    10474 Main St
    COMMERCIAL (GENERAL)

    10474 Main St, Rapid River, MI 49878-9334

    Value Estimation by Request
    View details
    9787 County 513th T Rd
    COMMERCIAL (GENERAL)

    9787 County 513th T Rd, Rapid River, MI 49878-9246

    $160,000
    Estimated value
    View details
    10811 65th Rd
    COMMERCIAL (GENERAL)

    10811 65th Rd, Rapid River, MI 49878-9312

    $170,000
    Estimated value
    View details
    10455 Us Hwy 2nd, Unit 41
    VACANT COMMERCIAL LAND

    10455 Us Hwy 2nd, Rapid River, MI 49878

    Unit 41
    Value Estimation by Request
    18.10 AC lot
    View details
    12850 Us Hwy 2nd 2
    COMMERCIAL (GENERAL)

    12850 Us Hwy 2nd 2, Rapid River, MI 49878-9435

    $195,000
    Estimated value
    3.10 AC lot
    View details
    Us Hwy 2nd 2
    VACANT COMMERCIAL LAND

    Us Hwy 2nd 2, Rapid River, MI 49878

    Value Estimation by Request
    1.38 AC lot
    View details
    10177 Bay Shr Dr
    COMMERCIAL (GENERAL)

    10177 Bay Shr Dr, Rapid River, MI 49878-9147

    $170,000
    Estimated value
    1.25 AC lot
    View details
    Us Hwy 2nd 2
    VACANT COMMERCIAL LAND

    Us Hwy 2nd 2, Rapid River, MI 49878

    Value Estimation by Request
    0.17 AC lot
    View details
    7852 Us Hwy 2nd 2
    VACANT COMMERCIAL LAND

    7852 Us Hwy 2nd 2, Rapid River, MI 49878-9141

    Value Estimation by Request
    View details
    7852 Us Hwy 2nd 2
    COMMERCIAL (GENERAL)

    7852 Us Hwy 2nd 2, Rapid River, MI 49878-9141

    $165,000
    Estimated value
    View details
    Main St
    VACANT COMMERCIAL LAND

    Main St, Rapid River, MI 49878

    Value Estimation by Request
    View details
    Main St
    VACANT COMMERCIAL LAND

    Main St, Rapid River, MI 49878

    Value Estimation by Request
    View details
    7637 Us Hwy 2nd 2
    COMMERCIAL (GENERAL)

    7637 Us Hwy 2nd 2, Rapid River, MI 49878-9791

    $405,000
    Estimated value
    0.96 AC lot
    View details
    10491 Main St
    COMMERCIAL (GENERAL)

    10491 Main St, Rapid River, MI 49878-9334

    Value Estimation by Request
    View details
    8122 Garth Pt 2525th Ln
    COMMERCIAL (GENERAL)

    8122 Garth Pt 2525th Ln, Rapid River, MI 49878-9230

    $150,000
    Estimated value
    View details
    10468 Main St
    COMMERCIAL (GENERAL)

    10468 Main St, Rapid River, MI 49878-9334

    $90,000
    Estimated value
    View details

    Rapid River, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Rapid River, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 3,938 square feet of properties for sale, with an estimated market value of $2,694,600.

    Sale prices for business properties in Rapid River, MI start at $40,000, averaging $449,100, 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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    Demographics Overview

    Population 3,184
    Population Growth (5Y) -5.8%
    Median Household Income $63,750
    College Educated 29.3%

    High-Yield Neighborhoods for Investment

    Identify Rapid River submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49878 $176.6K

    Taxes & Financing

    Tax Rate (average for all types) 3.92%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Delta County

    New Delisted

    Total CRE Inventory on Market (SF)

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