10774 S US-31, Elk Rapids Twp, MI 49690
10774 S US-31, Elk Rapids Twp, MI 49690
10774 S US-31, Elk Rapids Twp, MI 49690
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$749,900
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4,400 SqFt
Active

10774 S US-31 Elk Rapids Twp, MI 49690

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Forest Dorling

Forest Dorling

+1(586) 303-0901

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 4,400 sqft

Price per Sqft $170

Subdivision Sunset Shores

MLS Listing ID 78080064890

Style Apartment

Year Built 1940

Lot Size 1.440 Acres

Acres 1.44

Property Sub-Type MultiFamily

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!

Location

State MI

County Antrim

Area Area88111Elkrapidstwp

Rooms

Basement Block, Partial

Interior

Interior Features Pantry

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Attached, Garage

Waterfront Description AllSportsLake, WaterAccessRights, Waterfront

View Y/N No

Building

Lot Description WaterView

Foundation Basement, Block

Sewer Septic Tank

Water Public

New Construction No

Schools

High Schools Elk Rapids

School District Elk Rapids

Others

Acceptable Financing Cash, Trade1031Exchange

Listing Terms Cash, Trade1031Exchange

Special Listing Condition Standard

Realcomp MLS
©2026 Realcomp II Ltd. Shareholders
Listed by Donald C Fedrigon of REMAX Of Elk Rapids

NEARBY SCHOOL & BUSINESS

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Forest Dorling

Forest Dorling

Expert Home Buying & Selling Guide | License ID: 6501435737

+1(586) 303-0901

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10774 S US-31