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Versatile Commercial Property in Kalkaska
For Sale
$240,000

305 Elm Street, Kalkaska, MI 49646

Unique commercial property with endless possibilities in a prime location.

Property Size3 SF
Price / SF$80,000
Days on Market348

Property Features for 305 Elm Street

General Information

Standard status Active
Size 3 SF
Property subtype Mixed Use

Building Details

Year Built 1992
Listing Agency: Coldwell Banker Schmidt Family Of Companies
Listed By: Chad Anderson · License #6501295164
Source: Cbcworldwide
Added: Sep 10, 2025 Changed: May 21 Last Checked: Apr 9 at 9:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schmidt Family Of Companies

Investment Insights

Based on property information with market context.

This commercial property was originally designed as a quadplex, offering various opportunities for investors or those looking to expand their real estate holdings. Its location provides convenient access to local amenities, parks, and schools. The property includes paved parking. The layout provides ample space that can be adapted to various needs, including a multi-unit rental, office space, or new business location. The property size is 3 acres.

Key Highlights

  • Versatile commercial property suitable for multi‑unit rental, office space, or new business location.
  • Originally designed as a quadplex, offering significant investment potential.
  • Prime location with convenient access to local amenities, parks, and schools.

Property Analytics

Current Use

Sky Dance Studio Training Center

Suggested Use

Top Pick Law Firm Plumbing Service (Bike/Boat/Book/etc) Store Skin Care Clinic Gym & Fitness Center Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby

Demographics for 49646, MI

8,582
Population
5,652
Households
1.5
Avg Household Size
45
Median Age
15%
College-Educated
89%
High-School Grad
219.3 sq mi
ZIP Area
39
Density / Sq Mi
$55,188
Median Household Income
$34,834
Median Earnings
$712
Median Rent
$167,500
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?
Mixed-use property - Unique commercial property with endless possibilities in a prime location.
Where is this mixed-use property located?
The property is located at 305 Elm Street Kalkaska, MI.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Versatile commercial property suitable for multi‑unit rental, office space, or new business location.; Originally designed as a quadplex, offering significant investment potential.; Prime location with convenient access to local amenities, parks, and schools.
More about this property
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