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    Elk Rapids, MI
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    Elk Rapids, MI Retail Space for Sale

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    Rapid City, MI Traverse City, MI Kewadin, MI Williamsburg, 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
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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Mixed-Use Waterfront Property
    Mixed-Use Waterfront Property

    7711 Crystal Beach Road, Rapid City, MI 49676

    $2,800,000
    2,924 sqft 0.30 AC lot

    The property combines a riverfront business with upper-level living quarters and residential-commercial zoning.

    View details
    Torch River Mixed-Use Waterfront Property
    Torch River Mixed-Use Waterfront Property

    7711 Crystal Beach Road, Rapid City, MI 49676

    $2,800,000
    2,600 sqft

    An operating food service, retail, and marina business occupies the lower level, with living quarters above.

    View details
    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
    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

    Elk Rapids, MI Retail Space Market Trends and Statistics

    Explore 1 retail space 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 $999,000.

    Sale prices for retail space in Elk Rapids, MI average $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.

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    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 $1.2M

    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

    How Realmo verifies these figures

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