Cheboygan, MI Commercial Real Estate for Sale

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53 properties

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Updated: Aug 17

Restaurant Building With Commercial Kitchen

330 N Main Street, Cheboygan, MI 49721

$699,000

2,064 sqft 0.10 AC lot

2,064‑square‑foot restaurant building at 330 N Main Street
1,440‑square‑foot front‑of‑house area and 620‑square‑foot double commercial kitchen
Kitchen includes two functioning exhaust hoods, a walk‑in cooler, and a walk‑in freezer
Class C Liquor License included with the real estate
Custom copper bar top depicts the Inland Waterway and Straits of Mackinac

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Updated: May 8

Open-Span Retail Building

11617 N Straits Highway, Cheboygan, MI 49721

$850,000

7,000 sqft 0.84 AC lot

7,000 SF retail building on a 0.84‑acre parcel
Free‑span interior with no structural poles or barriers
37 dedicated paved parking spaces
Fronts the Wal‑Mart Super Center
D‑CM zoning with public sewer service

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18-Hole Golf Course

4849 N Black River Road, Cheboygan, MI 49721

$650,000

2,500 sqft 85.48 AC lot

Clubhouse includes a restaurant, bar, and space for private events and tournaments.

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Mixed-Use Flex Space

9385 N Straits Highway, Cheboygan, MI 49721

$499,000

7,300 sqft

Adaptable commercial space with parking, storage, and immediate occupancy available.

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Self-Storage Facility

6530 N M 33 Highway, Cheboygan, MI 49721

$1,700,000

28,176 sqft

Multi-building self-storage and flex/pole barn complex positioned along the M-33 corridor in Cheboygan County, MI.

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Remodeled Restaurant with River Views

220 N Main Street, Cheboygan, MI 49721

$785,000

2,500 sqft 0.10 AC lot

Liquor license, furnishings, equipment, and inventory convey with the restaurant.

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Commercial Storage and Warehouse Property

10900 Townline Road, Cheboygan, MI 49721

$119,900

3,326 sqft 4.54 AC lot

Commercially zoned acreage includes multiple storage buildings, including a fire-damaged commercial structure sold as-is.

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Commercial Storage and Barn Property

10900 Townline Rd, Cheboygan, MI 49721

$119,900

3,326 sqft 4.50 AC lot

Multi-building commercial site with a pole building, general-purpose barn, and an as-is fire-damaged commercial structure.

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Automotive Property with Highway Frontage

8091 N Straits Highway, Cheboygan, MI 49721

$398,000

1,350 sqft 12.06 AC lot

Commercially zoned site with an existing shop, paved vehicle area, and substantial land for future expansion.

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Mixed-Use Building with Apartment

209 W State Street, Cheboygan, MI 49721

$99,000

2,657 sqft 0.04 AC lot

Ground-floor commercial space is paired with an upstairs two-bedroom apartment.

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Flex Building with Highway Frontage

8091 N Straits Highway, Cheboygan, MI 49721

$398,000

1,440 sqft 12.00 AC lot

Commercially zoned flex property with paved outdoor area, office, garage, and utility infrastructure.

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Downtown Mixed-Use Retail Building

410 N Main Street, Cheboygan, MI 49721

$180,000

2,352 sqft

Historic downtown building with a gutted main-floor retail space and upper level roughed for a one-bedroom apartment.

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Flex Building With Heated Outbuilding

9750 N Straits Highway, Cheboygan, MI 49721

$895,000

2.76 AC lot

Two adaptable commercial areas combine offices, support rooms, and an open layout for varied business operations.

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Self-Storage Facility with Flex Space

6530 N M 33 Hwy, Cheboygan, MI 49721

$1,700,000

3.10 AC lot

Multi-building commercial property combines storage, workshop, warehouse, and outdoor storage configurations on approximately three acres.

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Two-Building Industrial Flex Facility

399 Myrton M Riggs Drive, Cheboygan, MI 49721

$675,000

13,000 sqft 9.84 AC lot

Two newly built, fully insulated industrial structures with entry and overhead doors offer a blank-canvas layout.

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Commercial Land with Billboard

V/L E State Street, Cheboygan, MI 49721

$115,000

56.00 AC lot

Vacant acreage offers access from two streets and includes an existing income-producing billboard.

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NNN Leased Walgreens with Drive-Thru

991 S Main St, Cheboygan, MI 49721

$3,662,000

14,550 sqft

Long-term NNN leased Walgreens near McLaren Northern Michigan medical center.

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Large Flex Space with Office Buildout

9445 N Straits Highway, Cheboygan, MI 49721

$799,900

16,200 sqft

Commercially zoned space combines finished front-of-house areas with substantial garage and storage capacity.

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18-Hole Golf Course with Clubhouse

4849 N Black River Road, Cheboygan, MI 49721

$650,000

85.00 AC lot

Golf property with an on-site restaurant, bar, event space, and dedicated equipment storage facilities.

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Flex Property With Acreage

1985 E Levering, Cheboygan, MI 49721

$475,000

25.54 AC lot

Commercial/light industrial zoning accompanies office, storage, garage, and multiple outbuilding improvements.

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Mixed-Use Commercial Building with Pole Barn

9750 N Straits Highway, Cheboygan, MI 49721

Contact for pricing

6,320 sqft

Two flexible interior units plus a heated pole building make this property workable for office, retail, or service uses.

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Industrial Land Parcel

733 Riggs Drive, Cheboygan, MI 49721

$109,900

12.81 AC lot

12.81-acre industrial-zoned parcel in Cheboygan’s established industrial park at 733 Riggs Drive.

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Turnkey Bar and Restaurant Opportunity

220 N Main Street, Cheboygan, MI 49721

$785,000

Fully operational bar and restaurant for sale.

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Vacant Land with Billboard

V/L E STATE STREET, Cheboygan, MI 49721

$115,000

Large undeveloped parcel with dual road access and an existing billboard structure.

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Cheboygan, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Cheboygan, MI, showcased through 53 active listings on our real estate platform. These investment opportunities span a total of 138,741 square feet of properties for sale, with an estimated market value of $20,880,519.

Sale prices for business properties in Cheboygan, MI start at $50,000, averaging $549,487, and reaching up to $3,662,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 14K

Population Growth (5Y) -2.2%

Median Household Income $60,840

College Educated 29.7%

High-Yield Neighborhoods for Investment

Identify Cheboygan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49721	$499.7K

Taxes & Financing

Tax Rate (average for all types) 3.46%

Tax Rate vs County Average 0.26 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cheboygan County

New Delisted

Total CRE Inventory on Market (SF)

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