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    Elk Rapids, MI Mixed-use Properties for Sale

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    Versatile Elk Rapids Investment Property
    $399,000

    Versatile Elk Rapids Investment Property

    132 Ames St, Elk Rapids, MI 49629

    Multi-use commercial property in Elk Rapids with income potential.

    • Versatile multi‑use commercial property (1,670 sq. ft.) suitable for office, retail, live‑work, or residential use, offering diverse income strategies.
    • Includes a fully furnished 550 sq. ft. efficiency apartment with an existing short‑term rental permit for immediate STR income.
    • High‑visibility location in a strong traffic corridor in the Village of Elk Rapids, with municipal water/sewer and paved parking.
    • Walking distance to schools, grocery store, golf course, and downtown waterfront attractions.
    • Front unit (approx. 1,120 sq. ft.) features 3 bedrooms, 1 bath, and in‑unit laundry, adaptable for commercial or residential use; both units can be reconnected into a single‑family home.
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    Elk Rapids Mixed-Use Investment
    $1,398,000
    8,355 SF

    Elk Rapids Mixed-Use Investment

    201 River St, Elk Rapids, MI 49629

    Downtown gem, high occupancy, strong cash flow.

    • $1,398,000 asking price for an 8,355 square foot mixed‑use property.
    • Located at 201 River St, Elk Rapids, MI 49629.
    • Property features retail, office, and auto shop space; currently 90% occupied with multi‑tenant occupancy.
    • Modified lease terms; $167.32 price per square foot.
    • Zoned for Commercial, Office, Restaurant/Food, and Retail uses.
    Updated: Dec 11, 2024
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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

    Railway Commons Storage Condo

    Spacious 2,500 sq ft storage condo in Acme Township.

    6357 N Railway Cmns, Williamsburg, MI 49690
    View details
    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
    View details
    West Bay Shore Village: Prime MI Location
    $3,700,000
    18,000 SF

    West Bay Shore Village: Prime MI Location

    Fully leased, mixed-use waterfront property

    5046 Bay Shore Dr, Suttons Bay, MI 49682
    View details
    Ciccone Vineyard & Winery Estate
    $3,990,000
    78.37 Acres

    Ciccone Vineyard & Winery Estate

    Northern Michigan Winery, Residence, & Business

    10343 Hilltop Rd, Suttons Bay, MI 49682
    View details

    Elk Rapids, MI Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 2 mixed-use properties for sale in Elk Rapids, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,797,000.

    Sale prices for multi use buildings in Elk Rapids, MI start at $399,000, averaging $898,500, and reaching up to $1,398,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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