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Elk Rapids, MI Mixed-use Properties for Sale

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Elk Rapids Multi-Use Commercial Property
$399,000
1,344 SF

Elk Rapids Multi-Use Commercial Property

132 Ames St, Elk Rapids, MI 49629

Versatile investment opportunity in Elk Rapids with income potential.

  • High‑visibility commercial property in a strong traffic corridor, suitable for office, retail, or live‑work.
  • Two units: a 1,120 sq. ft. front unit with 3 bedrooms and 1 bath, and a 550 sq. ft. fully furnished efficiency apartment.
  • Existing short‑term rental permit for the back unit, providing immediate STR income potential.
  • Walking distance to schools, grocery store, golf course, and downtown waterfront attractions.
  • 10 paved parking spaces and partially fenced outdoor space.
Last Update: Nov 7
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Historic Mixed-Use Building in Elk Rapids
$1,200,000
8,355 SF

Historic Mixed-Use Building in Elk Rapids

201 River St, Elk Rapids, MI 49629

Mixed-use building with retail, office, and residential spaces in downtown.

  • Prime downtown Elk Rapids location with endless possibilities.
  • Mixed‑use building with residential, office, and retail spaces.
  • Two updated residential units that can be combined.
  • Elevator access to the upper floor.
  • Approximately 4,000 sq. ft. of retail space.
Last Update: Oct 15
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Elk Rapids Mixed-Use Investment
$1,398,000
8,355 SF

Elk Rapids Mixed-Use Investment

Downtown gem, high occupancy, strong cash flow.
201 River St, Elk Rapids, MI 49629
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Elk Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Railway Commons Storage Condo
$395,000
2,500 SF

Railway Commons Storage Condo

Spacious 2,500 sq ft storage condo in Acme Township.
6357 N Railway Cmns, Williamsburg, MI 49690
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Williamsburg Mixed-Use Investment Opportunity
Contact for pricing
3,200 SF

Williamsburg Mixed-Use Investment Opportunity

Prime Williamsburg location, 3200 sq ft mixed-use building.
5962 Oslo St, Williamsburg, MI 49690
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Mixed-Use Building in Suttons Bay
$899,900
4,032 SF

Mixed-Use Building in Suttons Bay

Modern mixed-use building with rental options near West Grand Traverse Bay.
5046 West Bay Shore Dr, Suttons Bay, MI 49682
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Mixed-Use Property in Leelanau County
$699,000
2,751 SF

Mixed-Use Property in Leelanau County

Landmark mixed-use property with wine tasting rooms and short-term rental.
5046 West Bay Shore Dr, Suttons Bay, MI 49682
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Elk Rapids, MI Mixed-Use Properties Investment Opportunities Market Analysis

Explore 3 mixed-use properties for sale in Elk Rapids, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 16,117 square feet of properties for sale, with an estimated market value of $1,599,000.

Prices for multi use buildings in Elk Rapids, MI start at $399,000, averaging $799,500, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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