Elk Rapids MI Real Estate & Commercial for Sale

6 Properties Found

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Beds:
n/a
Baths:
6.00
Sq.Ft.:
8,355
Status:
Active
MLS#:
1943032
Type:
Mixed Use
Subdivision:
Village Of Elk Rapids
Lot size:
0.18 Acres
Year built:
1924
Courtesy: Reo-tcfront-233021 210-286-8954
View additional info

ADDITIONAL INFORMATION

Prime Mixed-Use Historic Property Downtown Elk Rapids Secure a cornerstone of Elk Rapids history with this versatile mixed-use asset. This 8,355-square-foot building is strategically located on the active River Street corridor, offering high-visibility retail and premium residential components. *Property Highlights: • Lower Level: ±4,000 sq. ft. of versatile retail space and two dedicated office suites. • Upper Level: Two modern, fully renovated residential units with elevator access. Units are designed with an interconnecting door for flexible leasing configurations. • Investment Stability: Most of the current tenants are on month-to-month leases, allowing for seamless transition or market-rate adjustments. • Transparency: Full financial disclosures (P&L and Rent Roll) provided upon signed NDA. *Viewing Information: View the Interactive Floor Plan for a realistic view of the interior. All physical tours must be scheduled through the listing agent.

Beds:
n/a
Baths:
Sq.Ft.:
8,355
Status:
Active
MLS#:
80066177
Type:
Industrial
Subdivision:
Village Of Elk Rapids
Lot size:
0.18 Acres
Year built:
1924
Courtesy: REO-TCFront-233021 231-947-9800
View additional info

ADDITIONAL INFORMATION

Prime Mixed-Use Historic Property Downtown Elk Rapids Secure a cornerstone of Elk Rapids history with this versatile mixed-use asset. This 8,355-square-foot building is strategically located on the active River Street corridor, offering high-visibility retail and premium residential components. *Property Highlights: â�¢ Lower Level: �±4,000 sq. ft. of versatile retail space and two dedicated office suites. â�¢ Upper Level: Two modern, fully renovated residential units with elevator access. Units are designed with an interconnecting door for flexible leasing configurations. â�¢ Investment Stability: Most of the current tenants are on month-to-month leases, allowing for seamless transition or market-rate adjustments. â�¢ Transparency: Full financial disclosures (P&L and Rent Roll) provided upon signed NDA. *Viewing Information: View the Interactive Floor Plan for a realistic view of the interior. All physical tours must be scheduled through the listing agent.

Beds:
n/a
Baths:
Sq.Ft.:
768
Status:
Active
MLS#:
1942595
Type:
Industrial
Subdivision:
Ancient Mariner Drydocks
Year built:
1991
Courtesy: Coldwell Banker Boyne City
View additional info

ADDITIONAL INFORMATION

Fantastic storage unit opportunity just outside of Elk Rapids with vertical doors, great for boat storage and so much more! Unit also features a built-in loft, great for additional storage. Almost 20 ft high ceiling & doors in the 16' wide x 48' long unit with cement floors, electric and water, as well as an easy access entry door. Unit could easily be heated storage with minimal effort! Great value on this commercial storage unit!

Beds:
n/a
Baths:
Sq.Ft.:
768
Status:
Active
MLS#:
80065745
Type:
Industrial
Subdivision:
Ancient Mariner Drydocks
Year built:
1991
Courtesy: Coldwell Banker Boyne City 231-582-6554
View additional info

ADDITIONAL INFORMATION

Fantastic storage unit opportunity just outside of Elk Rapids with vertical doors, great for boat storage and so much more! Unit also features a built-in loft, great for additional storage. Almost 20 ft high ceiling & doors in the 16' wide x 48' long unit with cement floors, electric and water, as well as an easy access entry door. Unit could easily be heated storage with minimal effort! Great value on this commercial storage unit!

Beds:
n/a
Baths:
Sq.Ft.:
18,483
Status:
Active
MLS#:
80063471
Type:
Industrial
Lot size:
1.71 Acres
Year built:
2000
Courtesy: Three West, LLC 231-929-2955
View additional info

ADDITIONAL INFORMATION

Introducing 222 Industrial Park, a prime industrial opportunity in Elk Rapids, MI. This impeccably maintained 18,483 SF building, constructed in 2000, offers a strategic location for manufacturing and industrial operations as well as direct waterfrontage on Bass Lake. Currently a clean manufacturing space, the building boasts heavy power, ample space for production, storage, and office needs. This facility is equipped to support diverse industrial/manufacturing users. With its modern construction and favorable zoning, this property presents an exceptional investment for industrial businesses seeking a reliable, turnkey solution for their operations.

Beds:
n/a
Baths:
Sq.Ft.:
5,580
Status:
Active
MLS#:
80063139
Type:
Business Opportunities
Subdivision:
N/A
Lot size:
0.18 Acres
Year built:
1925
Courtesy: Coldwell Banker Schmidt Traverse City 231-922-2350
View additional info

ADDITIONAL INFORMATION

Prime 5,580 SF single-tenant restaurant building located in the heart of Downtown Elk Rapids. This recently remodeled property features a high-end commercial kitchen, quality interior finishes, and a welcoming outdoor patio area. The inside can accommodate ~100+ guests between dining room and bar seating, and a beautiful patio out front features seating for about 40 more. Positioned along River Street, the town�s main commercial corridor, it offers excellent visibility and foot traffic. The layout supports full-service dining with an efficient back-of-house design, making it ideal for an owner/operator or investor seeking a premium hospitality property. Street parking is available directly in front, with additional public parking nearby. FF&E and liquor license are available and may be negotiated separately. This is a rare opportunity to acquire a fully equipped, turn-key restaurant property with outdoor dining in one of Northern Michigan�s most desirable downtown markets.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright© Northern Great Lakes REALTORS® MLS. All Rights Reserved.

Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Elk Rapids Real Estate

Elk Rapids is located in Michigan. Elk Rapids, Michigan has a population of 1,438. Elk Rapids is less family-centric than the surrounding county with 11.77% of the households containing married families with children. The county average for households married with children is 21.8%.

The median household income in Elk Rapids, Michigan is $57,452. The median household income for the surrounding county is $60,378 compared to the national median of $69,021. The median age of people living in Elk Rapids is 58.4 years.

Elk Rapids Weather

The average high temperature in July is 79.9 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 31.7 inches per year, with 110.9 inches of snow per year.

Elk Rapids Map

Elk Rapids Real Estate Market Conditions

  • Median sales price

    $370,000
    19.8%
    change since last quarter
  • # Active listings

    42
    30-day change

Elk Rapids Schools and Demographics

Education near Elk Rapids, MI

City County
High School Graduates 96.81 93.12
College Degree - 2 year 12.24 9.92
College Degree - 4 year 41.47 29.99
Graduate Degree 13.36 8.29
Expenditures per Student 12,489 12,489
Students per Teacher 16.3 16.3

Elementary Schools near Elk Rapids, MI

Grades Students P/T Ratio ZIP
Cherry Knoll Elementary School PK - 05 377 17.9 49686
Courtade Elementary School PK - 05 309 15.5 49686
Eastern Elementary School PK - 05 296 23 49686
International School At Bertha VOS PK - 05 57 12.7 49690
John R Rodger Elementary School KG - 05 144 14.7 49615
Lakeland Elementary School PK - 05 373 19.3 49629
Mill Creek Elementary School PK - 05 211 19.4 49690
Old Mission Peninsula School PK - 05 165 19.4 49686
Rapid City Elementary School KG - 05 79 11.6 49676
Traverse Heights Elementary School PK - 05 223 12.6 49686
Woodland School KG - 08 201 17.1 49686

Middle Schools near Elk Rapids, MI

Grades Students P/T Ratio ZIP
Cherryland Middle School 06 - 08 307 20.9 49629
East Middle School 06 - 08 860 20.5 49686

High Schools near Elk Rapids, MI

Grades Students P/T Ratio ZIP
Bellaire Middle/High School 06 - 12 235 17.8 49615
Central High School 09 - 12 1,494 22 49686
Elk Rapids High School 09 - 12 405 20.2 49629
Traverse City High School 06 - 12 210 26.9 49686

Ungraded Schools near Elk Rapids, MI

Grades Students P/T Ratio ZIP
* Adult Work Center 11 - 12 48 2.2 49686
* Sunrise Academy 09 - 12 27 27 49629
Grand Traverse Academy KG - 12 1,203 18.2 49686
TBA ISD Oak Park Special Education 01 - 12 56 3.5 49686
TBA ISD Traverse Heights KG - 12 88 12.9 49686

Demographics near Elk Rapids, MI

City County
Neighborhood Type Small Town
Population 1,438 23,427
Population Density 872 49
Median Age 58.4 51.6
People per Household 2 2.3
Median Household Income 57,452 60,378
Average Income per Capita 40,882 33,621

Real estate near Elk Rapids