Commercial For Sale near Grand Traverse Bay - East Arm
Located in the heart of downtown Elk Rapids, this rare mixed-use opportunity offers both commercial and residential potential within a historic and character-filled building. Unit #1 features a versatile commercial space currently occupied with potential to re-sign the lease in the fall, along with a charming garden studio apartment (currently rented month to month at $695) and valuable lower-level storage space, creating flexibility for owner-occupants, investors, or entrepreneurs alike. Offered at $549,000, the property is zoned B2, allowing for short-term rentals and a variety of commercial and residential uses. Rich in character, the building showcases timeless architectural details and enjoys an unbeatable downtown location just steps from local shops, restaurants, the marina, and the beach. A unique investment opportunity in one of Northern Michigan's most vibrant waterfront communities.Property Details
- Beds: 0
- Baths: 0.0
- Sq Feet: 2953
- Year Built: 0
- Location: Grand Traverse Bay - East Arm
- County: Antrim County
- Garage: Parking Lot
- Siding: Frame
- Roof: Membrane
- MLS #: 1945394
Location
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Contact Information:
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Listing Agent: Blake Bernard, Real Estate One, 231-714-4787, 248-304-6700 Listing Site, Listing Status: Active
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 7754653 |
| Viewed: | 38 times |
| Added: | May 20, 2026 |
| Updated on: | May 20, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
