Advertise
    Elk Rapids, MI
    Retail

    Elk Rapids, MI Retail Properties & Spaces for Sale

    Notify Me
    List
    Map
    Williamsburg, MI Rapid City, MI Traverse City, MI Kewadin, MI Alden, MI Bellaire, MI Acme, MI Suttons Bay, MI
    Mixed-Use Building with Elevator
    Updated: Mar 17
    Mixed-Use Building with Elevator

    201 River St, Elk Rapids, MI 49629

    $999,000
    8,355 sqft
    8,355‑square‑foot mixed‑use building at 201 River St, Elk Rapids, MI
    Lower level has ±4,000 sq. ft. of retail space and two office suites
    Two renovated residential units on the upper level
    Elevator access to the upper floor; apartments have an interconnecting door
    Most current tenants are on month‑to‑month leases
    View details
    Mixed-Use Downtown Building
    Updated: May 20
    Mixed-Use Downtown Building

    1-144 River St, Elk Rapids, MI 49629

    $499,000
    2,953 sqft
    Mixed‑use building in downtown Elk Rapids with ground‑floor commercial space plus a garden studio apartment and lower‑level storage
    Garden studio apartment is currently rented month to month at $695
    Unit #1 includes a commercial space currently occupied with potential to re‑sign the lease in the fall
    Zoned B2, allowing for short‑term rentals and a variety of commercial and residential uses
    Historic building with architectural character in a downtown setting near shops, restaurants, the marina, and the beach
    View details
    See hot listings in Elk Rapids

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    2 active listings match your search: Retail for sale in Elk Rapids, MI. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

    Opportunities in Nearby Cities

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

    Mixed-Use Development Site with Building
    Mixed-Use Development Site with Building

    4160 M 72 E, Williamsburg, MI 49690

    $1,995,000
    12,000 sqft 4.35 AC lot

    Shovel-ready mixed-use site with fully developed utilities, an approved PD, and a 12,000-sq-ft existing mixed-use building.

    View details
    Two-Level Mixed-Use Building
    Two-Level Mixed-Use Building

    Alden, MI 49612

    $425,000
    2,704 sqft

    A finished upper-level space with its own entrance adds a distinct area for business or office use.

    View details
    Downtown Alden Commercial Building
    Downtown Alden Commercial Building

    9160 Helena Rd, Alden, MI 49612

    $350,000
    0.15 AC lot

    Commercial building in downtown Alden, near Torch Lake.

    View details
    Mixed-Use Development Site
    Mixed-Use Development Site

    4160 M-72 E, Williamsburg, MI 49690

    $1,995,000
    12,259 sqft 4.35 AC lot

    Approved mixed-use plan with an existing building and fully developed underground site infrastructure.

    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.

    Commercial Land with Curb Cut
    Commercial Land with Curb Cut

    M-72, Williamsburg, MI 49690

    $550,000
    13.60 AC lot

    Commercially zoned land with documented access planning and utilities along the eastern side of the property.

    View details
    Commercial Land Parcel
    Commercial Land Parcel

    M-72, Williamsburg, MI 49690

    $650,000
    11.00 AC lot

    Commercially zoned land with an established access plan and utility availability along the east side.

    View details
    Commercial Land with Cabins
    Commercial Land with Cabins

    1470 US-31 N, Traverse City, MI 49686

    $499,000
    1,000 sqft 0.66 AC lot

    Regional Business zoning supports office, retail, and rental uses.

    View details
    Level Industrial Land
    Level Industrial Land

    Business Park Drive, Traverse City, MI 49686

    $194,900
    2.05 AC lot

    Vacant, level parcel with Commercial,Industrial zoning within a professional business park.

    View details

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

    Explore 2 retail properties & spaces for sale in Elk Rapids, MI on our real estate platform. These investment opportunities span a total of 11,308 square feet of properties for sale, with an estimated market value of $1,498,000.

    Sale prices for stores in Elk Rapids, MI start at $499,000, averaging $749,000, and reaching up to $999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    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 $749K

    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)

    How Realmo verifies these figures

    Need Help?

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

    Contact Us

    Browse Retail properties & Spaces for Sale Near Elk Rapids, MI

    Popular Searches in Elk Rapids, MI

    Popular Categories

    Most Searched ZIP Codes in Elk Rapids, MI

    • 49629

    Featured Elk Rapids Real Estate Agencies

    Realmo connects you with licensed Elk Rapids CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Northland-Elk Rapids
    116 River Street Elk Rapids, MI 49629
    Phone: (231) 264-4500
    www.c21northland.com
    Why this one?
    Saved

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!