Prime Land in Rapid
For Sale
$49,900
7683 US2 Highway, Rapid River, MI 49878
LAND - Rapid River, MI
Lot Size1.97 Acres
Days on Market718
Property Features for 7683 US2 Highway
General Information
Property type
Land
Property subtype
Other
Zoning description
Commercial
Lot features
Deep Lot - 150+ Ft., Treed, Wooded
Elementary school district
Rapid River Public Schools
Middle school district
Rapid River Public Schools
High school district
Rapid River Public Schools
Subdivision
Masonville Twp (21017)
Standard status
Active
Lot size
1.97 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
219
Listing Agency:
COLDWELL BANKER SCHMIDT ESCANABA
(906) 786-5972
Listed By:
WENDY HOLZENKAMP · License #6501296852
(906) 399-8909
Added: Aug 13, 2024
Changed: May 21
Last Checked: Jul 31 at 11:06PM
MLS# 50152107
Copyright © 2026 Upper Peninsula Association of Realtors. 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 property is located at the crossroads of the Upper Peninsula and is zoned Commercial District 2. The location benefits from a high volume of daily traffic. A survey was conducted in 2001, noting the placement of iron monuments. There is a possibility of a well being located on the property. The Rapid River wastewater system passes by the property. This location is suitable for a drive-thru restaurant, coffee shop, pasty shop, or other take-out food establishment, as well as a gift or thrift store. The property offers an opportunity for various business ventures with significant traffic exposure. The lot size is 1.97 acres.
Key Highlights
- High‑traffic location at the 'Cross Roads of the UP'
- Commercial District 2 zoning
- Suitable for drive‑thru restaurant, coffee shop, or retail
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 49878, MI
3,566
Population
2,524
Households
1.4
Avg Household Size
54
Median Age
22%
College-Educated
94%
High-School Grad
455.6 sq mi
ZIP Area
8
Density / Sq Mi
$63,750
Median Household Income
$38,919
Median Earnings
$875
Median Rent
$165,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with high traffic exposure in Rapid River, MI.
Where is this commercial land located?
The property is located at 7683 US2 Highway Rapid River, MI.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: High‑traffic location at the 'Cross Roads of the UP'; Commercial District 2 zoning; Suitable for drive‑thru restaurant, coffee shop, or retail
