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$749,900
155 Days On Site

10774 S US-31
Elk Rapids Township, MI 49690

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,400
SqFt
$170
/SqFt
1940
Built
Subdivision:
SUNSET SHORES
County:
Antrim
Call Now: 810-360-3488
Is this the listing for you? We can help make it yours.
810-360-3488
10774 S US-3110774 S US-3110774 S US-3110774 S US-31
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Monthly Payment (Est.)

$3,421
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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. Located just 2 miles south of Elk Rapids, 12 miles north of Traverse City and 7 miles from Flintfields and the Traverse City Equestrian Festival that runs June through September. In particular this property has the Elk Rapids Township approval for 3 SHORT and LONG term rental units across 2 buildings which can potentially capture the lucrative summer rental period. Each unit is completely furnished with full kitchens, washers and dryers, and reverse osmosis drinking water.Two of the three units are protected by a fire suppression system and Generac generator. Also included is a Deeded 200' private shared beach on beautiful East Grand Traverse Bay- one mile south at the end of Sunset Shores Rd. Strategically located, this is a one of a kind property and is ideally suited for serving equestrian visitors, seasonal tourism and destination clients.

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Listing Snapshot
Price 
$749,900
Days On Site 
155 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,400 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.44 Acres
Year Built 
1940
MLS® Number 
78080064890
Status 
Active
Property Tax 
$10,131
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoPrice changed to $749,900
5 months agoListing first seen on site
General Features
Acres 
1.44
Building Features 
Sidewalks
Foundation 
Block
Garage 
Yes
Levels 
One and One Half
Parking 
AttachedGarage
Property Sub Type 
Multi Family
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Above 
4400
Style 
Apartment
Water Source 
Public
Zoning 
MultiFamily, Residential
Interior Features
Appliances 
DishwasherDryerOvenRefrigeratorRangeWasher
Basement 
BlockPartial
Cooling 
Central Air
Heating 
Forced AirNatural Gas
Interior 
Pantry
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Exterior Features
Frontage 
Waterfront
Patio And Porch 
Patio
View 
Water
Waterfront 
Yes
Waterfront Features 
WaterfrontWaterfront Access
Waterview 
Water
Community Features
Community Features 
Sidewalks
Financing Terms Available 
Cash1031 ExchangeTrade
MLS Area 
Area88111ElkRapidsTwp
School District 
ElkRapids
Schools
School District
ElkRapids
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of REMAX Of Elk Rapids: (231) 264-5400



IDX provided courtesy of Realcomp II Ltd. via AspireNorthREALTORS. Copyright © 2026 Realcomp II Ltd. Shareholders.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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