Elk Rapids, MI Flex space for sale

Updated: Nov 5, 2025

Manufacturing Building With Heavy Power

222 Industrial Park Drive, Elk Rapids, MI 49629

$1,250,000

18,483 sqft 1.71 AC lot

18,483‑square‑foot manufacturing building constructed in 2000
1.71‑acre property with direct waterfrontage on Bass Lake
Heavy power serving the current manufacturing configuration
Production, storage, and office areas within the facility
Block construction with membrane roof

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This listing looks promising.

Here's a quick look at some key insights for

222 Industrial Park Drive, Elk Rapids, MI 49629

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Est. Cap Rate

8%
Above avg (5.9%)
Est. NOI

$100K
Annual
Price @ 7% Cap

$1.43M
Above asking

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Elk Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Marina Building with Workshop

7107, Rapid City, MI 49676

$575,000

2,848 sqft 1.14 AC lot

Fenced commercial property with offices, restrooms, RV connections, and zoning permitting boat and auto sales.

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Open-Plan Flex Space

8222 NW, Rapid City, MI 49676

$350,000

4,080 sqft

Commercial facility with adaptable space for storage, operations, or customer-facing business use.

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Flex Space With Overhead Door

16-6357 E Railway Cmn, Williamsburg, MI 49690

$259,000

2,500 sqft

Business park unit suited to storage, personal property, recreation, or light commercial activity.

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Railway Commons Storage Condo

Williamsburg, MI 49690

$395,000

2,295 SF storage condo in Acme Township for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Light Industrial Development Site

1448-1456 Trade Centre Drive lot: A, Traverse City, MI 49684

$250,000

0.20 AC lot

Industrial-zoned land with utilities available and pre-approved building envelopes for flexible light industrial development.

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Pole Barn Warehouse Building Site

13715 Clark Road lot: 15, Charlevoix, MI 49720

$129,000

0.07 AC lot

Build-ready lot for a new pole barn with gated access, security fencing, and in-floor heat.

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Elk Rapids, MI Flex Space Market Trends and Statistics

Explore 1 flex space for sale in Elk Rapids, MI on our real estate platform. These investment opportunities span a total of 18,483 square feet of properties for sale, with an estimated market value of $1,250,000.

Sale prices for business spaces in Elk Rapids, MI average $1,250,000 — 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 Flex Space for Sale

222 Industrial Park Drive, Elk Rapids, MI 49629