Elk Rapids, MI Industrial properties for sale

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.

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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

8.1%
Above avg (5.9%)
Est. NOI

$122K
Annual
Price @ 7% Cap

$1.74M
Above asking

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Updated: Nov 5, 2025

Waterfront Industrial Building

222 Industrial Park Drive, Elk Rapids, MI 49629

$1,250,000

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

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Elk Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

Industrial Manufacturing Compound

8055 Angell Road, Williamsburg, MI 49690

$995,000

63,240 sqft 8.37 AC lot

Steel-framed, tilt-wall manufacturing complex with two buildings totaling 63,240 sf and office, docks, and overhead doors.

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Flexible Industrial Warehouse Facility

8222 NW Rapid City Road, Rapid City, MI 49676

$350,000

4,080 sqft 0.46 AC lot

Spacious 4,080 sf warehouse with adaptable space for storage, fulfillment, specialty use, or garden center operations.

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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.

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Adaptive Warehouse and Fulfillment Facility

8222 NW, Rapid City, MI 49676

$350,000

4,080 sqft

Spacious 4,080 sq ft commercial building suited for storage, fulfillment, specialty uses, and garden or landscape operations.

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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.

Industrial Zoned Land Parcel

Business Park Drive, Traverse City, MI 49686

$194,900

2.05 AC lot

Vacant, level industrial-zoned land totaling about 2 acres, suitable for a build-to-suit commercial or industrial development.

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Vacant Industrial Land For Sale

Traverse City, MI 49686

$194,900

2.00 AC lot

Two-acre industrial-zoned land parcel in Traverse City's business corridor.

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Mancelona Land Development Opportunity

US-131 Highway, Mancelona, MI 49659

$139,900

9.90 AC lot

9.9 acre commercial land near Torch Lake with highway frontage.

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Industrial Building Pad with Utilities

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

$489,500

0.70 AC lot

Industrial land parcel designated as Building E pad with municipal sewer and water available for development.

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Elk Rapids, MI Industrial Properties Market Trends and Statistics

Explore 2 industrial properties for sale in Elk Rapids, MI on our real estate platform. These investment opportunities span a total of 36,966 square feet of properties for sale, with an estimated market value of $2,750,000.

Sale prices for industrial buildings in Elk Rapids, MI start at $1,250,000, averaging $1,375,000, 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.

Neighborhood	Average Price
49629	$773.5K

Neighborhood

Average Price

49629

$773.5K

Elk Rapids, MI Industrial Properties for Sale

222 Industrial Park Dr, Elk Rapids, MI 49629

222 Industrial Park Drive, Elk Rapids, MI 49629