Lot/land

$2,000,000

875 Green St, Elk Rapids, MI 49629

--beds

--baths

7Acres

Unimproved Land

Built in ----

7 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

High traffic location

PREMIER COMMERCIAL DEVELOPMENT PARCEL in prime Elk Rapids location. Unlimited possibilities for this cleared 7-acre parcel in a high traffic location between Traverse City and Charlevoix. City water, sewer and natural gas are at the property. Walkable to downtown Elk Rapids, beaches, dining and more. Just a short drive to Traverse City or go north to Charlevoix. Property is suitable for hotel, senior housing, apartments, office space, retail, and many mixed uses. Elk Lake access is just 400 feet away! If you are looking to invest in northern Michigan this deserves a consideration.

117 days

142

2

Facts & features

Property

Features

Exterior features: Other
Waterfront features: None

Lot

Size: 7 Acres
Features: Cleared

Details

Parcel number: 054302801701
Zoning description: Commercial,Industrial

Utilities & green energy

Sewer: Public Sewer, Municipal
Water: Public, Municipal
Utilities for property: Electricity Available, Natural Gas Available

Community & HOA

Community

Features: None
Subdivision: Metes & Bounds

Location

Region: Elk Rapids

Financial & listing details

Tax assessed value: $40,353
Annual tax amount: $2,050
Price range: $2M - $2M
Date on market: 3/18/2026
Cumulative days on market: 118 days
Listing agreement: Exclusive Right To Sell
Listing terms: Conventional,Cash
Ownership type: Private Owner
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

$1,528/mo

Price history

Date	Event	Price
3/18/2026	Price change	$2,000,000-38.5%
Source: NGLRMLS #1943043 Report a problem
8/10/2022	Price change	$3,250,000-18.8%
Source: Realcomp II #2220036730 Report a problem
5/18/2022	Listed for sale	$4,000,000+142.4%
Source: Realcomp II #2220036730 Report a problem
7/17/2020	Listing removed	$1,650,000
Source: Krause Realty Solutions #1834423 Report a problem
6/22/2017	Listed for sale	$1,650,000+27.4%
Source: Krause Realty Solutions #1834423 Report a problem
10/16/2015	Listing removed	$1,295,000
Source: Keller Williams Lakeside Properties #1794572 Report a problem
2/2/2015	Listed for sale	$1,295,000-0.4%
Source: Keller Williams Lakeside Properties #1794572 Report a problem
10/15/2013	Listing removed	$1,300,000
Source: RE/MAX of Elk Rapids #1775856 Report a problem
9/12/2013	Listed for sale	$1,300,000
Source: RE/MAX of Elk Rapids #1775856 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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