$799,900

10774 S US-31, Elk Rapids Twp, MI 49690

  • 4,400 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon1.44acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $182/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Prime Business Opportunity on US 31 â€" Elk Rapids/Traverse City Corridor! Positioned on one of Northern Michigan’s most traveled routes, this 1.4-acre multi-building property is zoned R2, allowing for a wide range of uses and offers exceptional flexibility for your business vision. The property is zoned and approved for three short and long-term rental units across two buildings. This gives approximately 5,500 square feet with the possibility of 11 bedrooms and 7 bathrooms. Includes access to 200 feet of shared beach on beautiful East Grand Traverse Bay, just one mile south, adding significant value to this property. Located just 12 miles north of Traverse City, and 2 miles south of Elk Rapids, this site sits directly along US 31, delivering excellent exposure. Strategically positioned only 7 miles from Flintfields Horse Park, the property is ideally suited for ventures serving equestrian visitors, seasonal tourism, and destination clients. Highlights: †¢ 1.4 acres on a Well-traveled corridor between Elk Rapids and Traverse City †¢ Approved for 3 rental units (short & long-term) with additional options †¢ Two buildings with a total of approximately 5,500 sq. ft †¢ 200 ft. of shared beautiful East Grand Traverse Bay beach access a mile away †¢ Only 7 miles from Flintfields Horse Park Don’t miss this rare opportunity to own a highly visible, versatile property in one of Northern Michigan’s most desirable locations!

Listing Status:
Active
Data Last Updated:
March 3, 2026 at 11:42PM
Listing Office:
REMAX Of Elk Rapids : 2312645400
Listing Agent:
Donald C Fedrigon : 2312645400
MLS ID:
78080064890
  • General: Pantry
  • Appliances: DishwasherDryerOvenRefrigeratorRangeWasher
  • Basement: BlockPartial
  • A/C: Central air
  • Heating: Forced airNatural gas
  • Style: Apartment
  • Other Structures: Patio
  • Parking: AttachedGarage
  • General: OneandOneHalfBasementBlock
  • Originating MLS: Aspire North REALTORS
  • School District: Elk rapids
  • County: Antrim
  • Zoning: S 200 FT OF LOT 42 SUNSET SHORES SEC 29N R9W050655003700
  • Waterfront: 200
  • Water: Public
  • Sewer: Septic tank
  • Source: Aspire North REALTORS

This listing courtesy of Donald C Fedrigon , REMAX Of Elk Rapids

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lakeland Elementary School

616 Buckley St, Elk Rapids, MI, 49629

Grades PK-5

1.97 miles away

C

Cherryland Middle School

707 E 3rd St, Elk Rapids, MI, 49629

Grades 6-8

1.92 miles away

E

Elk Rapids High School

308 Meguzee Pt, Elk Rapids, MI, 49629

Grades 9-12

1.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.