Elk Rapids, MI Hospitality properties for sale

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

View details

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

View details

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.

View details

See hot listings in Elk Rapids

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

3 active listings match your search: Hospitality for sale in Elk Rapids, MI. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

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

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.

View details

Boutique Hotel With Covered Porch

18599 Mission Road, Traverse City, MI 49686

$4,260,000

5,644 sqft 10.86 AC lot

Hotel property with guest accommodations, a commercial kitchen, dining areas, and an operating public café.

View details

Agricultural Land with Cherry Orchard

Williamsburg, MI 49690

$24,157,817

Large agricultural holding with an operating cherry orchard, lodging improvements, a residence, and multiple outbuildings.

View details

Scandinavian-Inspired Resort and Event Center

5961 E Oslo Street, Williamsburg, MI 49690

$12,900,000

1,780 sqft 18.16 AC lot

Resort campus with cottages, hospitality facilities, event space, and approved mixed-use expansion capacity near Grand Traverse Bay.

View details

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.

Commercial Land Parcel

M-72, Williamsburg, MI 49690

$650,000

11.00 AC lot

Commercially zoned land with an established access plan and utility availability along the east side.

View details

Waterfront Buildable Land

6785 Fouch Road, Traverse City, MI 49684

$215,000

2.69 AC lot

Buildable waterfront lot with an existing pole building, paved drive, and utilities in place for a range of uses.

View details

Land in Campers Village

Pineview Drive lot: 435 B0 1305 6273, Mancelona, MI 49659

Contact for pricing

0.42 AC lot

Vacant land in a four-season recreational community.

View details

Highway-Frontage Commercial Land

11640 US 31 N Highway, Charlevoix, MI 49720

$449,000

6.00 AC lot

Commercial parcel with shared access and sewer, water, and natural gas service.

View details

Elk Rapids, MI Hospitality Properties Market Trends and Statistics

Explore 3 hospitality properties for sale in Elk Rapids, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,000 square feet of properties for sale, with an estimated market value of $5,250,000.

Sale prices for hospitality properties in Elk Rapids, MI average $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49629	$1.8M

Neighborhood

Average Price

49629

$1.8M

Elk Rapids, MI Hospitality Properties for Sale

917 S Bayshore Drive, Elk Rapids, MI 49629

917 S Bayshore Drive, Elk Rapids, MI 49629

917 S Bayshore Drive, Elk Rapids, MI 49629