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    Ellsworth, MI
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    Ellsworth, MI Multifamily Properties for Sale

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    East Jordan, MI Central Lake, MI Charlevoix, MI Eastport, MI Kewadin, MI Bellaire, MI Boyne City, MI Northport, MI
    Renovated Lakefront Apartment Building
    Updated: Jul 1
    Renovated Lakefront Apartment Building

    9661 Lake Street, Ellsworth, MI 49729

    $1,649,000
    4,736 sqft 53.00 AC lot
    Professionally renovated 9‑bed, 9.5‑bath estate originally built as a bed & breakfast and converted into individual private units
    Over 53 acres of land, offering privacy and space for an estate or short‑term rental setup
    139 ft of private frontage on Saint Clair Lake
    Wood frame construction with shingle roof
    Natural gas heating with well water source
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    Lakefront Short-Term Rental Property
    Updated: May 21
    Lakefront Short-Term Rental Property

    9661 Lake Street, Ellsworth, MI 49729

    $1,649,000
    Nine bedrooms and nine‑and‑a‑half baths arranged as individual private units
    Over 53 acres with 139 feet of private frontage on Saint Clair Lake
    Previously operated as a bed and breakfast
    Commercial‑Improved zoning
    Dock and deck included
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Ellsworth, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Historic Short-Term Rental Building with Plunge Pool
    Historic Short-Term Rental Building with Plunge Pool

    211 Bridge, Charlevoix, MI 49720

    $3,995,000
    10,500 sqft

    Restored 1915 building with rooftop gathering area, retail spaces, and multiple short-term rental apartments.

    View details
    Two-Unit Duplex Near Lake Access
    Two-Unit Duplex Near Lake Access

    105 & 107 Bridge Street, East Jordan, MI 49727

    $231,900
    960 sqft

    Duplex with two one-bedroom units and city utilities, near East Jordan City boat launch and local conveniences.

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    Mixed-Use Building with Restaurant Tenant
    Mixed-Use Building with Restaurant Tenant

    109 & 111 Bridge, Charlevoix, MI 49720

    $1,450,000
    5,656 sqft

    Mixed-use building on US-31 with a ground-floor restaurant under lease and two residential condos above.

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    Wedding Venue with Waterfront Access
    Wedding Venue with Waterfront Access

    204 Water Street, East Jordan, MI 49727

    $4,999,000
    19,845 sqft 3.40 AC lot

    Multi-parcel waterfront property with a wedding and special event venue, plus additional commercial and short-term rental uses.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Elevated Farmland Development Parcel
    Elevated Farmland Development Parcel

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    $2,600,000
    74.20 AC lot

    Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

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    Multi-Building Resort Lodge
    Multi-Building Resort Lodge

    1306 N Tippy Dam Road, Wellston, MI 49689

    $900,000
    22.24 AC lot

    Hospitality property with guest lodging, conference space, and a commercial kitchen.

    View details
    Private Camping Lot with Electrical Hookups
    Private Camping Lot with Electrical Hookups

    4537 Pine Run Road, Farwell, MI 48622

    $41,500
    0.75 AC lot

    Recreation lot in a private gated association with multiple 30 AMP electrical and septic hookups for camper-ready use.

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    Deeded RV Recreational Lot
    Deeded RV Recreational Lot

    V/L E Kissing Oaks Trail, Custer, MI 49405

    $39,900
    0.96 AC lot

    Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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    Ellsworth, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Ellsworth, MI on our real estate platform. These investment opportunities span a total of 4,736 square feet of properties for sale, with an estimated market value of $3,298,000.

    Sale prices for multifamily properties in Ellsworth, MI average $1,649,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Short term rental properties 2

    Demographics Overview

    Population 1,435
    Population Growth (5Y) -9.0%
    Median Household Income $78,365
    College Educated 31.9%

    High-Yield Neighborhoods for Investment

    Identify Ellsworth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49729 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 2.08%
    Property Tax per SF $39.38 per SF
    Tax Rate vs County Average 0.24 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Antrim County

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