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Restored Cottage Court Resort
For Sale
$1,750,000

917 S Bayshore Drive, Elk Rapids, MI 49629

Commercial, Elk Rapids, MI

Property Size4,000 SF
Lot Size5.88 Acres
Price / SF$437.50
Days on Market22

Property Features for 917 S Bayshore Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Exterior features Wood
Directions From downtown Elk Rapids, head toward Spruce St for 0.3 mi, then continue onto S Bay Shore Dr. Destination will be on the left.
Subdivision Antrim
Standard status Active
Size 4,000 SF
Lot size 5.88 Acres

Taxes and HOA fees

Tax Description Lengthy legal
Legal Description Lengthy legal

Amenities

shared fire pit
group dining area
lawn space for games

Building Details

Building materials Frame
Roof type Asphalt
Listing Agency: REMAX Bayshore - West Shore Dr TC · RE/MAX International
Listed By: Robert Brick · License #6502134537
Added: Aug 13 Changed: Aug 19 Last Checked: Sep 3 at 4:06PM
MLS# 1949292

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This resort property includes a restored 1938 cottage court with ten individual cottages, an on-site owners’ residence, and approximately 4,000 square feet of property improvements. Each cottage has been renovated with new flooring, electrical, and plumbing, while furnishings and decor incorporate repurposed materials. Nine cottages participate in the rental program, with accommodations ranging from a 160-square-foot efficiency to a two-bedroom retreat and combined capacity for up to 28 guests.

Guest-oriented common areas include a shared fire pit, group dining area, and lawn space. The property is located at 917 S Bayshore Drive in Elk Rapids, Michigan, directly across the street from Elk Rapids Day Park, which provides public beach access along a quarter-mile of East Grand Traverse Bay shoreline. The wooded setting also includes space associated with the existing cottages and residence.

Key Highlights

  • 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

Property Analytics

Current Use

Paradise Pines Resort Hotel & Motel

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 49629, MI

1,997
Population
1,696
Households
1.2
Avg Household Size
60
Median Age
46%
College-Educated
99%
High-School Grad
3.8 sq mi
ZIP Area
526
Density / Sq Mi
$74,318
Median Household Income
$46,250
Median Earnings
$1,032
Median Rent
$347,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Resort - Waterfront-area hospitality property with individually renovated cottages, shared guest amenities, and an on-site owners’ residence.
Where is this resort located?
The property is located at 917 S Bayshore Drive Elk Rapids, MI.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 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
More about this property
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