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    Elk Rapids, MI
    Office Units

    Elk Rapids, MI Office Units for Sale

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    Kewadin, MI Traverse City, MI Rapid City, MI Williamsburg, MI Alden, MI Acme, MI Bellaire, MI Suttons Bay, MI
    Downtown Mixed-Use Building
    Updated: Jun 13
    Downtown Mixed-Use Building

    201 River Street, Elk Rapids, MI 49629

    $1,200,000
    8,355 sqft
    8,355 sq. ft. mixed‑use building in downtown Elk Rapids with lower‑level retail/office and two upper‑level residential units
    Lower level includes 4,000 sq. ft. of versatile retail space plus two dedicated office suites
    Upper level has two modern, fully renovated residential units with elevator access
    Residential units include an interconnecting door for flexible leasing configurations
    Most current tenants are on month‑to‑month leases
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    Office and Retail Condo Suite
    Updated: May 8, 2025
    Office and Retail Condo Suite

    215 River Street, Elk Rapids, MI 49629

    $725,000
    2019‑built office/commercial/retail condo in downtown Elk Rapids
    Includes 4 private offices for flexible workspace layout
    Large reception area for client or customer greeting
    Two kitchenettes plus a living room/conference room
    Half bath and a full bath with tiled shower
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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

    Opportunities in Nearby Cities

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

    Live-Work Property with Office and Residence
    Live-Work Property with Office and Residence

    6704, Rapid City, MI 49676

    $274,900
    1,536 sqft 5.00 AC lot

    Former kennel building offers professional office, reception, full bath, and laundry, paired with an on-site 2-bedroom residence.

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    Two-Story Mixed-Use Commercial Building
    Two-Story Mixed-Use Commercial Building

    732 E Cayuga Street, Bellaire, MI 49615

    $289,000
    2,400 sqft 0.46 AC lot

    Two-level commercial building with finished main floor and unfinished upper level on a village lot near Craven Park.

    View details
    Remodeled Retail/Office Building
    Remodeled Retail/Office Building

    S 103 S Division Street Unit SourceFi, Bellaire, MI 49615

    $245,000
    1,400 sqft 0.23 AC lot

    Remodeled commercial building on a high-traffic state highway with handicap accessibility, updated finishes, and on-site parking easement.

    View details
    Live-Work Commercial Property and Home
    Live-Work Commercial Property and Home

    6704 Rapid City Road NW, Rapid City, MI 49676

    $274,900
    1,536 sqft 5.06 AC lot

    Former kennel building with professional office and reception, plus an on-site 2-bedroom residence on over five acres.

    View details

    Elk Rapids, MI Office Units Market Trends and Statistics

    Explore 2 office units for sale in Elk Rapids, MI on our real estate platform. These investment opportunities span a total of 8,355 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for office units in Elk Rapids, MI start at $1,200,000, averaging $1,200,000, and reaching up to $1,200,000 — 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

    Office Units 7
    Office buildings 1

    Demographics Overview

    Population 2,037
    Population Growth (5Y) +0.1%
    Median Household Income $74,318
    College Educated 62.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $21.92 per SF
    Tax Rate vs County Average 0.43 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Antrim County

    New Delisted

    Total CRE Inventory on Market (SF)

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