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    Elk Rapids, MI
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    Elk Rapids, MI Storefront Properties for Sale

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    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
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    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.

    Bellaire Commercial/Industrial Opportunity
    $289,000
    2,400 SF
    Bellaire Commercial/Industrial Opportunity

    Well-maintained commercial building in Bellaire, Michigan, with retail and residential potential.

    732 E Cayuga, Bellaire, MI 49615

    View details
    Prime Commercial Space in Bellaire
    $265,000
    1,400 SF
    Prime Commercial Space in Bellaire

    Remodeled 1400 SF commercial space on a highly travelled highway.

    103 S Division St, Bellaire, MI 49615

    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

    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.

    Prime Corner Retail Storefront, Traverse
    $2,650,000
    3,726 SF
    Prime Corner Retail Storefront, Traverse

    High-traffic corner location near downtown and Grand Traverse Bay.

    1054-1060 E Front Street, Traverse City, MI 49686

    View details
    Commercial Land in Traverse City
    $1,148,000
    1,864 SF
    Commercial Land in Traverse City

    0.63 acre commercial parcel on US-31 in Traverse City.

    1040 E Front Street, Traverse City, MI 49686

    View details
    Commercial Land in Traverse City
    $399,000
    0.38 Acres
    Commercial Land in Traverse City

    0.38 acre commercial parcel on US-31 in Traverse City.

    1026-1028 E Front Street, Traverse City, MI 49686

    View details
    Corner Commercial Land Near Airport
    $1,150,000
    1.74 Acres
    Corner Commercial Land Near Airport

    Prime commercial land near Cherry Capital Airport and Costco.

    TBD Mitten Drive, Traverse City, MI 49686

    View details

    Elk Rapids, MI Storefront Properties Market Trends and Statistics

    Explore 1 storefront properties 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 retail units 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.

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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 $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)

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