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Standalone Flex Space with Showroom

97 Lake Street, Elk Rapids, MI 49629

For Lease
$1,900/Mo

A central kitchenette and bathroom divide the showroom area from the shop.

Space Size1,947 SF
Days on Market1258

Property Features for 97 Lake Street

General Information

Standard status Active
Size 1,947 SF
Net Rentable 1,947 SF
Zoning Commercial

Space & Availability

Available Space 1,947 SF
Contiguous Space 1,947 SF
Space Use Flex

Amenities

kitchenette
bathroom

Building Details

Building Size 1,947 SF
Year Built 1994
Listing Agency: CENTRAL REAL ESTATE MT PLEASANT, INC.
Listed By: Dave Zamarron · License #6502102202
Source: Centralmirealty
Added: May 30, 2023 Changed: Nov 4 Last Checked: Nov 7 at 4:22AM

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 CENTRAL REAL ESTATE MT PLEASANT, INC.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This standalone flex property contains 1,947 square feet, with a shop alongside retail and showroom space. A centrally positioned kitchenette and bathroom provide separation between the two areas. Built in 1994, the building is zoned Commercial and is offered for rent.

At 97 Lake Street in Elk Rapids, the property sits one street from Ames Street and is visible from the main road.

Key Highlights

  • 1,947‑square‑foot standalone flex building
  • Shop area paired with retail and showroom space
  • Central kitchenette and bathroom separate the shop and showroom areas

Property Analytics

Current Use

Elk Rapids Yoga ... Gym & Fitness Center Sunrise Academy High School

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Storage Facility Furniture & Home Goods Kitchen & Bath Showroom

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

NNN (Triple Net)
Lease Type
$1.76 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

364
Businesses Nearby
Balanced
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A central kitchenette and bathroom divide the showroom area from the shop.
Where is this flex space located?
The property is located at 97 Lake Street Elk Rapids, MI.
What is the lease rate?
The lease rate is $1,900/Mo.
What are key features of this property?
This property features: 1,947‑square‑foot standalone flex building; Shop area paired with retail and showroom space; Central kitchenette and bathroom separate the shop and showroom areas
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