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Elk Rapids, MI Retail Properties & Spaces for Sale

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Historic Cottage in Retail District
$349,000

Historic Cottage in Retail District

115 River St, Elk Rapids, MI 49629

Iconic stone cottage, long-term toy store, turnkey operation for sale.

  • Turnkey business opportunity: Includes established brand, goodwill, and inventory.
  • Historic and iconic stone cottage: A unique and recognizable property.
  • Prime retail location: Situated in a high‑traffic retail district.
  • Long‑standing business history: Operated as a toy store for approximately 40 years.
  • Building included in sale: Ownership of both the business and the property.
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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

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.

Versatile Commercial Property on US-31
$795,000
2,800 SF

Versatile Commercial Property on US-31

Commercial property with frontage on US-31, south of Elk Rapids.

11428 S Us Highway 31, Williamsburg, MI 49690
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Downtown Alden Commercial Building
$450,000

Downtown Alden Commercial Building

Commercial building in downtown Alden, near Torch Lake.

9160 Helena Rd, Alden, MI 49612
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Downtown Alden Commercial Building
$450,000

Downtown Alden Commercial Building

Commercial building in downtown Alden, near Torch Lake.

9160 Helena Rd, Alden, MI 49612
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Resort and Multifamily Investment Opportunity
$12,900,000
1,780 SF

Resort and Multifamily Investment Opportunity

Scandinavian-inspired resort near Grand Traverse Bay with income-generating assets.

5961 E Oslo St, Williamsburg, MI 49690
View details

Elk Rapids, MI Retail Properties & Spaces Investment Opportunities Market Analysis

Explore 3 retail properties & spaces for sale in Elk Rapids, MI, showcased through 3 active listings 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 $2,146,000.

Sale prices for stores in Elk Rapids, MI start at $349,000, averaging $715,333, 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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