Elk Rapids, MI
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Warehouse
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Parking & Garage
    • Specialty
    Price
    Price
    $
    $

    Elk Rapids, MI Retail Properties & Spaces for Sale

    Notify Me
    List
    Map
    Williamsburg, MI Kewadin, MI Traverse City, MI
    Historic Corner Commercial Building
    $899,900
    1,437 SF
    Historic Corner Commercial Building

    130 River St, Elk Rapids, MI 49629

    Prime commercial property in downtown Elk Rapids near the waterfront.
    • Prime downtown Elk Rapids location, near marina, waterfront, shopping, and dining.
    • Historic commercial building with original character, including exposed brick, tile, and hardwood.
    • High visibility corner property with significant frontage.
    • Redevelopment potential, including mixed‑use (residential above commercial, subject to approval).
    • Walkable setting in a desirable waterfront community.
    Updated: May 20
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Elk Rapids, 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.

    Multi-Building Industrial Property
    $3,199,000
    48,700 SF
    Multi-Building Industrial Property

    Three industrial buildings with multiple overhead doors and active utilities offer flexible space for warehouse and service uses.

    Williamsburg, MI 49690

    View details
    Turn-Key Retail and Office Building
    $498,900
    Turn-Key Retail and Office Building

    Turn-key downtown building with finished upstairs space and separate entrance for flexible second-use operations.

    9053 Helena Rd, Alden, MI 49612

    View details
    Downtown Alden Commercial Building
    $450,000
    3,315 SF
    Downtown Alden Commercial Building

    Commercial building in downtown Alden, near Torch Lake.

    Alden, MI 49612

    View details
    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-31, Williamsburg, MI 49690

    View details

    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.

    M-72 Commercial Land Parcel
    $550,000
    13.60 Acres
    M-72 Commercial Land Parcel

    Commercial land parcel available on M-72 near the Casino.

    M-72, Williamsburg, MI 49690

    View details
    M-72 Commercial Land Available
    $650,000
    11.00 Acres
    M-72 Commercial Land Available

    11 acre commercial parcel on M-72 near Casino.

    M-72, Williamsburg, MI 49690

    View details
    Prime Mixed-Use Development Opportunity
    $1,995,000
    12,259 SF
    Prime Mixed-Use Development Opportunity

    Shovel-ready 4.35-acre site with mixed-use potential in Williamsburg, MI.

    4160 E M-72 E, Williamsburg, MI 49690

    View details
    Traverse City Commercial Land Opportunity
    $499,000
    1,000 SF
    Traverse City Commercial Land Opportunity

    Commercial land for sale in Traverse City, Michigan.

    1470 US-31 N, Traverse City, MI 49686

    View details

    Elk Rapids, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 1 retail properties & spaces for sale in Elk Rapids, MI on our real estate platform. These investment opportunities span a total of 1,437 square feet of properties for sale, with an estimated market value of $899,900.

    Sale prices for stores in Elk Rapids, MI start at $899,900, averaging $899,900, and reaching up to $899,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49629 $899.9K

    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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings