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$625,000
2 Baths 1935286 MLS Historic Elk Rapids Town Hall BLDG.
Historic Elk Rapids Town Hall. Built in 1883 and first time on the market to the public. This iconic building on River Street has 21 foot tall ceilings. Originally the Town Hall, this architectural gem boasts stunning original tin ceilings, a dramatic stage, arched windows, a service bar, and a charming balcony overlooking the grand main hall. The spacious full basement offers additional potential development with some partitioned areas and an additional bathroom. Located directly across the street from a public beach, tennis courts, and a beautiful park, the property offers unmatched recreational access while being steps from all the activity of downtown. Whether you're envisioning a distinctive private residence, an elegant event venue, or a creative mixed-use space, this property will get your imagination going. Current zoning is Public, but will most likely be rezoned R2. Leased through December 31, 2025

401 River Street, Elk Rapids

$775,000
2 Beds 2 Baths 1933485 MLS Plat Of The Elk Rapids Village BLDG.
Welcome to your bright and inviting two-bedroom, two-bathroom upper level unit, perfectly situated in the thriving Elk Rapids Village business district. This property comfortably sleeps up to six and features a desirable primary suite for added privacy. Imagine relaxing or entertaining on the large composite deck while enjoying picturesque Lake Michigan vistas. This unit boasts both resilience and aesthetic appeal thanks to features like sleek surface countertops, stainless steel appliances, discreet recessed ductless heating and cooling, and long-lasting flooring. Enjoy the ease of private parking and the versatility of this unit, perfect for either long-term living or short-term rentals. This exceptional property offers an ideal blend of comfort, convenience, and investment. Sale is subject to tenant rights and Seller completing tax split between upper and lower unit.

127 River Street, Elk Rapids

$734,000
1932738 MLS Plat Of The Elk Rapids Village BLDG.
Seize a unique investment opportunity in downtown Elk Rapids! The beloved River Street Market, is for sale. This successful business is known for its delicious food offerings, including sandwiches, wraps, and pizza, along with a wide selection of beverages and specialty items. The market's prime location in a bustling shopping district ensures a steady flow of customers, from both the community and tourists. The sale includes a valuable package liquor license, which opens the door to multiple growth opportunities such as delivery, catering, and on-site tastings. The business benefits from its proximity to popular attractions, including beaches, marinas, and tennis courts, providing consistent foot traffic. The property itself, a captivating 1910 storefront with original hardwood floors, was thoughtfully updated in 2023 to offer the perfect blend of historic charm and modern functionality. Its highly visible and accessible location offers exceptional potential for a new owner. This is an ideal opportunity for an entrepreneur looking to acquire a thriving business and property in a desirable community with a strong local economy.For information on Elk Rapids Village Zoning Codes, please visit www.elkrapids.org/planning-zoning. Showings are by appointment only. To maintain business operations, please refrain from discussing this listing with the employees. Business can purchase alone with lease option, please see MLS 1920593 for details.

127 River Street, Elk Rapids

$480,000
1 Baths 1932693 MLS Na BLDG.
A rare opportunity to own a beloved bakery in the picturesque village of Elk Rapids! Perfectly situated in a high-traffic, walkable downtown location just steps from the beach, marina, and boutique shops, this well-established bakery offers endless potential for growth and creativity. The space boasts a warm, inviting atmosphere with a thoughtfully-designed interior, including a spacious retail area, seasonal outdoor seating, and a fully-equipped commercial kitchen. All appliances, baking equipment, and furnishings are included—just bring your recipes, or use the beloved recipes of over 40 years, and start baking! With a loyal customer base, strong seasonal tourism, and a reputation for quality baked goods, this business is ideal for an experienced baker, aspiring entrepreneur, or investor seeking a thriving small-town gem. There’s even room to expand, as the sale includes the adjacent buildable lot! Whether you continue the current concept or bring your own vision to life, this is your chance to own a slice of a vibrant northern Michigan community. Sale includes building, recipes, equipment, storage building and adjacent lot. Current owners willing to train on current process if requested.

108 River Street, Elk Rapids

$280,000
1 Beds 1 Baths 1932493 MLS Florand Cottage Condos BLDG.
Meticulously Renovated Cottage on Elk Lake. Discover the perfect blend of charm and modern comfort in this beautifully updated cottage, ideally situated on the highly desirable north end of Elk Lake. Part of the small, Florand Cottages Condo Association, this turn-key home delivers exceptional value and lakefront living under a million dollars. Enjoy guaranteed boat access with a designated space for your hoist at the shared dock, along with a sandy-bottom swimming area perfect for summer days. A charming central courtyard adds to the cottage community’s appeal, offering a welcoming space to relax and connect with neighbors. Fully renovated in 2021, this cottage features stylish, low-maintenance vinyl plank flooring and a fully reimagined kitchen with modern cabinetry, sleek countertops, and stainless steel appliances. The bathroom is entirely new, and major systems have all been thoughtfully upgraded—including electrical, plumbing, HVAC with A/C, and an on-demand water heater. A cozy gas fireplace insert adds warmth and charm year-round. All cottages were re-roofed and re-sided around 2020, ensuring peace of mind for years to come. This rare opportunity to own a renovated, low-maintenance lakefront cottage—with a dock and hoist included—won’t last long. If you’ve been dreaming of Elk Lake living, this is your chance to make it a reality. Short Term Rentals are allowed by right.

7285 Cairn Highway Unit 2, Elk Rapids

$250,000
3 Beds 1 Baths 1931577 MLS Village Of Elk Rapids BLDG.
Price Improved! Built at the beginning of the twentieth century, this 1900s home has the potential for being reborn into a show stopper. If a house could tell stories, this one would tell you how it has sat on this corner and watched the region grow from an iron and lumber producing town to a recreational paradise. Located mere blocks from Elk River and Grand Traverse Bay, walk into town to enjoy a ice cream treat, a stroll through the park with your four legged friend or gather at a locally owned restaurant to unwind. This home is a Fixer Upper, however it has a newer roof and HVAC system in place. With 3 bedrooms, a nice dining and living room, plus main floor laundry. The oversized garage has tons of space for your workshop and there's a lean-to storage shed just outside. Plus, it is located in a B-1 District, which means there are many options in the zoning to allow a person to combine residential and business in one or choose!

103 Ottawa, Elk Rapids

$348,000
3 Beds 1 Baths 1931249 MLS Village Of Elk Rapids BLDG.
Charming Home in the Heart of Elk Rapids Village Discover a serene retreat nestled in a tranquil corner of the Village, where comfort meets convenience. This lovingly maintained home is perfectly situated, just five blocks from the vibrant River Street and Memorial Park, and only a short stroll to the picturesque Elk Rapids Day Park. Step into a peaceful oasis, featuring a spacious back deck ideal for enjoying your morning coffee or unwinding with a good book. The expansive, fenced backyard provides a safe haven for children or pets to play, while the oversized garage and additional 8 x 24 shed offer ample storage for all your recreational gear. Embrace the Elk Rapids lifestyle—take leisurely walks to the beach, hop on your bike to explore local shops and eateries, and enjoy all the recreational activities this charming community has to offer. Don’t miss out on the opportunity to make this delightful home your own!

612 Ash Street, Elk Rapids

$3,000,000
6 Beds 7 Baths 1930891 MLS N/A BLDG.
Indulge in the pinnacle of waterfront living with this exquisite Lake Michigan estate, boasting over 350 feet of pristine shoreline and breathtaking sunset views. Perfectly positioned on a private point, just four blocks from charming downtown Elk Rapids. This magnificent 5-bedroom, 6.5-bathroom home is a masterclass in timeless elegance and modern luxury. The opulent primary suite features a private balcony with sweeping lake views, while all en-suite bedrooms offer heated flooring for ultimate comfort. Multiple living spaces cater to both relaxation and grand entertaining. At the heart of the home lies a chef’s dream kitchen, outfitted with a Viking gas range, brand-new Sub-Zero refrigerator, Kirkstone countertops, and custom cherry cabinetry. Additional highlights include a stately library, and a private mother-in-law apartment with an en-suite bedroom, office, and kitchenette. Step outside to discover a lakeside paradise. A private dock and stone launch ramp provide seamless access to the water, while an expansive deck, screened-in gazebo, and stone fire pits set the stage for unforgettable outdoor moments. Stroll along professionally landscaped stone pathways that wind through lush gardens and multiple patio spaces. The oversized two-car garage adds convenience, while the extensive outdoor spaces cater to recreation and relaxation alike. Meticulously maintained and thoughtfully upgraded, this estate has served as both a cherished family home and a popular Bed & Breakfast. Recent enhancements include a new roof, furnace, central A/C, Sub-Zero refrigerator, exterior staining, and expanded deck and patio areas. Offering privacy, panoramic views, and an array of luxurious amenities, this one-of-a-kind property is perfect as a year-round residence, an exclusive lakeside getaway, or a turnkey investment opportunity. Seller is open to working with any buyer interested in continuing the Bed & Breakfast operation.

106 Oak, Elk Rapids

$325,000
4 Baths 1927844 MLS Elk Rapids BLDG.
Unlock the potential of this 4-plex multifamily investment home in beautiful Elk Rapids! Once a booming motel, this building has now been turned into a multi-unit apartment complex providing an excellent opportunity for both seasoned investors and first-time buyers looking to enter the multifamily market. Currently fully occupied with long-term tenants, this property has a proven track record of generating reliable rental income. Ideal for investors looking for immediate cash flow. Conveniently located in walking distance to the Elk Rapids day park, biking distance to downtown Elk Rapids with various shops and restaurants, and a quick drive into Acme. Its prime location ensures high demand for rentals. This multifamily home is not just a property; it’s an investment in your future! Whether you're looking to expand your real estate portfolio or start your journey in multifamily investments, this opportunity is not to be missed.

10456 S US-31, Elk Rapids

$512,500
4 Beds 3 Baths 1927303 MLS Village Of Elk Rapids BLDG.
Charming Home on the west side of the village of Elk Rapids walking distance to Beaches, The Art Park, Downtown with its shops and restaurants. This lovely home features a low maintenance exterior with convenient covered parking. The main level has an open floor plan. The kitchen has newer stainless steel appliances, granite counter tops and is open to the dining area with easy access to the back composite deck ideal for bbq'ing and al fresco dining. Spacious living room opens up to the covered front porch perfect for sitting any enjoying this quiet location. Small town living is at its very best from a covered front porch! The primary suite is upstairs with its own private bath and double closets, overlooking the backyard. Two additional bedrooms share an additional bathroom. All bathrooms are fresh and bright with granite counters. Lower level is a great space for movie nights or gaming it is very cozy. Fourth bedroom is non-conforming. Plus there is a large storage room with shelving. Large backyard with firepit just bring your s'mores! Alley entrance to pole barn is a 2 car garage with opener. Alley makes it easy to store your boat in the yard for the summer season. This lovely home is ready for its new family!

707 Pine Street, Elk Rapids

$336,000
2 Beds 1 Baths 1927139 MLS Brand And Durkee's Add East El BLDG.
Young families, retirees, gardening and permaculture enthusiasts: check out this new Elk Rapids listing! Recently updated bathroom, kitchen counters, backsplash, flooring and brand-new washer-dryer. The vaulted ceiling gives the space an open & airy feel. Main level living with a loft for bonus space. Outside, you'll find an amazing, fully-fenced food forest featuring apple, pear, cherry, peach, plum, mulberry, and Asian pear trees along with other perennials including flowers, hazelnuts, herbs, gumi, asparagus, blueberries, raspberries, strawberries, and gooseberries. Hoophouse, shed, and 1.5 car garage with workbench complete this compelling package. This home is steps away from East side amenities including award-winning ER schools, athletic fields, walking trails, golf course, tennis courts, restaurants, and three rarely used Elk Lake public access points. A short bike ride connects you to Elk Rapid's quaint shops, restaurants, and awesome Lake Michigan beaches, while boaters will enjoy exceptional harbors and easy launch points to GT Bay, Elk Lake, and Bass Lake. This is priced to sell and ready for its next chapter as the perfect base for sustainable Elk Rapid's living!

505 E Third, Elk Rapids

$243,500
2 Beds 1 Baths 1927045 MLS Village Of Elk Rapids BLDG.
Welcome to this delightful home, perfectly situated directly across from local schools and brimming with potential! This property is ideal for anyone looking to embrace the charm of Elk Rapids and create their dream home. Located in the heart of the Village of Elk Rapids, this home features a spacious backyard, a convenient one-car garage, and everything you need on the main level. Enjoy the convenience of walking to football games, letting the kids stroll to school, or taking your furry friend for a relaxing walk through town. With nearby shopping, dining, Elk Lake access, and a golf course, you'll have everything you need right at your fingertips. Don’t miss this opportunity to own a piece of Elk Rapids and start enjoying all that this wonderful community has to offer today!

230 Park Street, Elk Rapids

$343,000
2 Beds 1 Baths 1926671 MLS
This little gem is nestled in the ideal location on the west side of Elk Rapids, just three blocks from Lake Michigan beach, downtown shopping and dining! Well maintained and recently updated, it is a perfect starter home or investment opportunity. Improvements made in 2022 include interior painting, opening the wall between the kitchen and dining area creating a breakfast bar and open concept feel, the installation of luxury vinyl plank flooring throughout the home, and fresh exterior paint. A new full sized stackable washer and dryer and new wall furnace were added within the last year. The fully fenced backyard offers privacy and safety for young children and pets and the large deck is perfect for entertaining or spending time with the family.

112 Chippewa Street, Elk Rapids

$469,000
4 Beds 3 Baths 1926305 MLS
Nicely updated, turn-key home in the village of Elk Rapids, across the street from Elk Rapids Schools! This corner property on two lots has some of the charm of a 1960s cottage with all the modern finishes of a new home. It was recently remodeled in 2021 including all new paint, flooring, windows, furnace, central air and hot tub. It was even more recently updated with top of the line GE Cafe kitchen appliances including an energy efficient induction range and GE Profile front-load washer and dryer in 2023. Cozy up next to the crackling fire in the wood-burning, fieldstone fireplace in the living room. The large primary suite includes a walk-in closet, sky lights and a private bath with a walk-in tile shower and a soaking tub. Off the primary suite there's a private patio with a hot tub and access to the backyard where there's a hookup for a natural gas grill. The detached 28' x 30' garage offers plenty of room for 2 cars, a workbench and lots of storage but if that isn't enough, there's an additional driveway for more parking. The backyard is fenced in on 2 sides ensuring privacy from the neighbors and making it easy to complete. Next to the house there's space for an RV with hookups for water, sewer and electric. Walk across the street to Elk Rapids schools or catch a game at any of the school's athletic fields. Enjoy the slower pace and small town amenities of village living where you'll be just a mile from restaurants and breweries like Short's Pull Barn and Pearl's New Orleans Kitchen. It's only a few minutes to the boat launch on Elk Lake and to the Elk Rapids Sandbar and beach on the East Arm of the Grand Traverse Bay and just 15 minutes to the Torch Lake Sandbar. With a short commute to Traverse City, this home is perfect for a young family, those looking for a second home up north or anyone looking to be near all that NW Michigan has to offer, while still being a comfortable distance from the city. This home is a rare example of true pride in ownership.

509 E Third Street, Elk Rapids