Description
Prime Business Opportunity on US 31 – 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!
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11BEDS
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1.44ACRES
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5BATHS
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21/2 BATHS
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5,500SQFT
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$145$/SQFT
Description
Prime Business Opportunity on US 31 – 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!
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2026 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2026-03-11T11:51:47.093.