Homer, MI Commercial Real Estate for Sale

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18 properties
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Office Building with Reception Area
Updated: Jul 1
Office Building with Reception Area

230 Washington Avenue, Iron River, MI 49935

$115,000
1,262 sqft 0.05 AC lot
Reception area plus several office spaces
1 1/2 bathrooms
200 amp electrical service
Forced‑air heating and central air
Shingle roof placed 2–3 years ago
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Restaurant and Bar with Full Basement
Updated: Jan 12
Restaurant and Bar with Full Basement

130 Washington Avenue, Iron River, MI 49935

$199,000
2,923 sqft 0.45 AC lot
2923 SF restaurant and bar with full basement
Michigan liquor license included
Fully remodeled commercial kitchen with premium 10' Captivaire vent hood
Major upgrades: new plumbing, updated electrical, forced‑air heating, newer roof (2018)
Separate residence behind the building with 4 bedrooms (2 down, 2 up)
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Bar and Pub Building with Newer Roof
Bar and Pub Building with Newer Roof

202 W Genesee Street, Iron River, MI 49935

$119,900
3,236 sqft 0.08 AC lot

Former supper club with 3,236 square feet and flexible commercial repositioning potential, subject to approvals.

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COMMERCIAL - Iron River, MI
COMMERCIAL - Iron River, MI

121 N 5Th Ave, Iron River, MI 49935

$395,000
18,000 sqft 0.74 AC lot

Unique 18,000 SF former church with turn-key basement living.

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Mixed-Use Office and Residential Property
Mixed-Use Office and Residential Property

417 Washington Avenue, Iron River, MI 49935

$425,000
6,237 sqft 0.18 AC lot

Barrier-free main-level office space includes exam rooms and offices, with two apartments above and basement storage.

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Historic Brick Office Building
Historic Brick Office Building

208 Cherry Street, Iron River, MI 49935

$60,000
8,084 sqft 0.19 AC lot

Two-story commercial property with historic detailing, available parking, and alley-accessible garage space.

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Commercial Land Lot
Commercial Land Lot

N Third Avenue, Iron River, MI 49935

Contact for pricing
0.65 AC lot

Commercial lot on three sides of city roads with utilities available at the street.

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Turnkey Restaurant and Bar Building
Turnkey Restaurant and Bar Building

130 Washington Avenue Unit SourceFi, Iron River, MI 49935

$199,000
2,923 sqft

Ready-to-operate restaurant and bar with a full basement, remodeled kitchen, and included equipment for immediate service.

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Flex Building with Overhead Doors
Flex Building with Overhead Doors

2.12 ac. Forbes Road, Iron River, MI 49935

$130,000
1,900 sqft 2.12 AC lot

Commercial property includes utility-ready workspace, equipment storage, and room for larger vehicle maneuvering.

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Recreation Land With Pole Barn
Recreation Land With Pole Barn

180 Lynx Lane, Iron River, MI 49935

$325,000
2.78 AC lot

Recreation parcel with a large pole barn, finished workspace, bathroom, heat, electricity, water, septic, and backup generator.

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Former Family Dollar Retail Building
Former Family Dollar Retail Building

1647 W Adams St, Iron River, MI 49935

Contact for pricing
8,000 sqft 1.00 AC lot

Wide-open retail building built in 2000 with ample parking and prominent frontage on 1 acre.

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Commercial Building with Fuel Infrastructure
Commercial Building with Fuel Infrastructure

4159 W US2 Highway, Iron River, MI 49935

$129,900
4,640 sqft 2.53 AC lot

Commercial building with fully gutted interior and fueling infrastructure on a 2.53-acre site along US-2.

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School Building with Stage and Classrooms
School Building with Stage and Classrooms

3257 US2 Highway, Iron River, MI 49935

$298,500
20,000 sqft 4.89 AC lot

Multi-room school facility with a stage, library room with loft, gymnasium, kitchen, and office space on fenced grounds.

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COMMERCIAL - Iron River, MI
COMMERCIAL - Iron River, MI

417 Washington Ave, Iron River, MI 49935

$425,000
6,237 sqft 0.18 AC lot

4,158 sq ft commercial/residential property with income potential.

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Prime Vacant Commercial Land
Prime Vacant Commercial Land

9.33ac W US2 Highway, Iron River, MI 49935

$99,000
9.33 AC lot

9+ acres with highway frontage in Iron River, Michigan.

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Iron River Flex/Industrial Property
Iron River Flex/Industrial Property

417 Washington Ave, Iron River, MI 49935

$425,000

Flex/Industrial property available for sale in Iron River.

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Historic Building with Fountain Bar
Historic Building with Fountain Bar

213 W Adams St, Homer, MI 49245

Contact for pricing

1888 building includes a fountain bar with marble ledge and apartments, with renovations and updates completed in 2010.

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Agricultural Land Parcel
Agricultural Land Parcel

730 Coolidge Avenue, Iron River, MI 49935

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For sale agricultural land in Iron County, offering buyers a straightforward parcel option for farming or land ownership.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Homer, MI

Homer, MI Commercial Real Estate Market Trends and Statistics

Explore 18 commercial real estate for sale in Homer, MI, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 83,442 square feet of properties for sale, with an estimated market value of $3,345,300.

Sale prices for business properties in Homer, MI start at $60,000, averaging $238,950, and reaching up to $425,000 — 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 4,472
Population Growth (5Y) -6.5%
Median Household Income $59,460
College Educated 13.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49245 $169K

Taxes & Financing

Tax Rate (average for all types) 2.46%
Property Tax per SF $51.41 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Iron County

New Delisted

Total CRE Inventory on Market (SF)

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