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    Elk Rapids, MI Land for Sale

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    Williamsburg, MI Kewadin, MI Traverse City, MI
    9 results
    Historic Corner Commercial Building
    $899,900
    1,437 SF

    Historic Corner Commercial Building

    130 River St, Elk Rapids, MI 49629

    Prime commercial property in downtown Elk Rapids near the waterfront.

    • Prime downtown Elk Rapids location, near marina, waterfront, shopping, and dining.
    • Historic commercial building with original character, including exposed brick, tile, and hardwood.
    • High visibility corner property with significant frontage.
    • Redevelopment potential, including mixed‑use (residential above commercial, subject to approval).
    • Walkable setting in a desirable waterfront community.
    Updated: May 20
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    Buildable Lot in Elk Rapids
    $125,000
    0.50 Acres

    Buildable Lot in Elk Rapids

    142 Charles Street, Elk Rapids, MI 49629

    Vacant lot in Elk Rapids, close to amenities.

    • Buildable lot in the desirable Village of Elk Rapids
    • Walking distance to schools, church, and shopping
    • Municipal water and sewer available
    • Electric and gas available
    • Large lot suitable for various home designs
    Updated: Mar 3
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    Elk Rapids Vacant Land Opportunity
    $199,900
    0.24 Acres

    Elk Rapids Vacant Land Opportunity

    Vacant lots in Elk Rapids, close to beaches and restaurants.

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629
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    Vacant Land in Elk Rapids
    $199,900
    0.22 Acres

    Vacant Land in Elk Rapids

    Oversized vacant lots in Elk Rapids, close to amenities.

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629
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    Elk Rapids Vacant Land
    $199,900
    0.34 Acres

    Elk Rapids Vacant Land

    Vacant lots in Elk Rapids, close to beaches and restaurants.

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629
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    Elk Rapids Vacant Land
    $199,900
    0.21 Acres

    Elk Rapids Vacant Land

    Vacant lots in Elk Rapids, close to beaches and restaurants.

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629
    View details
    Elk Rapids Vacant Land
    $199,900
    0.25 Acres

    Elk Rapids Vacant Land

    Vacant lots in Elk Rapids, close to beaches and restaurants.

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629
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    Elk Rapids Vacant Land
    $199,900
    0.23 Acres

    Elk Rapids Vacant Land

    Vacant lots in Elk Rapids, close to beaches and restaurants.

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629
    View details
    Elk Rapids Vacant Land
    $199,900
    0.26 Acres

    Elk Rapids Vacant Land

    Vacant lots in Elk Rapids, close to beaches and restaurants.

    TBD Capa-Bran Terrace, Elk Rapids, MI 49629
    View details
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 9 Active listings in Elk Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 1 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.

    Premier Waterfront Land Opportunity
    $2,500,000
    0.81 Acres

    Premier Waterfront Land Opportunity

    Rare double lot with 202+ feet of sandy frontage.

    Traverse City, MI 49686
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    Waterfront Land on Old Mission
    $2,500,000
    0.81 Acres

    Waterfront Land on Old Mission

    Premier double lot with 202 feet of sandy frontage.

    14088 BLUFF ROAD, Traverse City, MI 49686
    View details
    Land Near Torch and Elk Lake
    $159,900
    7.51 Acres

    Land Near Torch and Elk Lake

    7.5-acre estate parcel near Torch and Elk Lake.

    B-4 Stallman, Rapid City, MI 49676
    View details
    7.5 Acres Between Two Lakes
    $139,900
    7.51 Acres

    7.5 Acres Between Two Lakes

    7.5-acre estate parcel near Torch and Elk Lakes.

    B-3 Stallman, Rapid City, MI 49676
    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.

    68 Acres Tillable Land For Sale
    $499,000
    68.30 Acres

    68 Acres Tillable Land For Sale

    68 acres of tillable land suitable for multiple uses.

    Saint Johns, MI 48879
    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.

    Cairn Hwy
    VACANT COMMERCIAL LAND
    Lot: 0.63 Acres
    Value Estimation by Request

    Cairn Hwy, Elk Rapids, MI 49629

    View details
    Elk Rapids, MI 49629
    VACANT COMMERCIAL LAND
    Lot: 2.21 Acres
    Value Estimation by Request

    Elk Rapids, MI 49629

    View details
    112 Dexter St
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    112 Dexter St, Elk Rapids, MI 49629-5102

    View details
    Elk Rapids, MI 49629
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Elk Rapids, MI 49629

    View details
    Elk Rapids, MI 49629
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Elk Rapids, MI 49629

    View details
    124 Lk St
    VACANT COMMERCIAL LAND
    Lot: 0.29 Acres
    Value Estimation by Request

    124 Lk St, Elk Rapids, MI 49629-9750

    View details
    Elk Rapids, MI 49629
    VACANT COMMERCIAL LAND
    Lot: 0.06 Acres
    Value Estimation by Request

    Elk Rapids, MI 49629

    View details
    207 Riv St
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    207 Riv St, Elk Rapids, MI 49629-9605

    View details
    215 Dexter St
    VACANT COMMERCIAL LAND
    Lot: 0.75 Acres
    Value Estimation by Request

    215 Dexter St, Elk Rapids, MI 49629-9606

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    Partridge Trl
    VACANT COMMERCIAL LAND
    Lot: 22.00 Acres
    Value Estimation by Request

    Partridge Trl, Elk Rapids, MI 49629

    View details
    Bayshore Dr
    VACANT COMMERCIAL LAND
    Lot: 2.50 Acres
    Value Estimation by Request

    Bayshore Dr, Elk Rapids, MI 49629

    View details
    506 Spruce St
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    506 Spruce St, Elk Rapids, MI 49629-9712

    View details
    Williams Dr
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Williams Dr, Elk Rapids, MI 49629

    View details
    Williams Dr
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Williams Dr, Elk Rapids, MI 49629

    View details
    Williams Dr
    VACANT COMMERCIAL LAND
    Value Estimation by Request

    Williams Dr, Elk Rapids, MI 49629

    View details

    Elk Rapids, MI Land Investment Opportunities Market Analysis

    Explore 72 land for sale in Elk Rapids, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 1,437 square feet of properties for sale, with an estimated market value of $899,900.

    Sale prices for lots in Elk Rapids, MI start at $899,900, averaging $899,900, and reaching up to $899,900 — 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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    Map

    Top Commercial Asset Segments

    Residential land & home lots 8
    Commercial land 1

    Demographics Overview

    Population 2,037
    Population Growth (5Y) +0.1%
    Median Household Income $74,318
    College Educated 62.2%

    High-Yield Neighborhoods for 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 $269.4K

    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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