Newberry, MI Commercial Real Estate for Sale

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16 properties

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Updated: Jul 15

Turnkey Waterfront Resort Property

16878 County Road 505, Newberry, MI 49868

$1,595,000

7,600 sqft 25.00 AC lot

Approximately 25‑acre Halfway Lake waterfront resort with nearly 1,700 feet of private lake frontage
Includes eight rental cabins plus a guest house, owner’s residence, garage, and pole barn
Year built: 1970
Waterfront location with Lake access; utilities include propane with well water and septic tank sewer
Roof includes composition and metal materials; wood siding construction

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Updated: Jul 21

Turnkey Retail Florist Property

1011 Newberry Ave, Newberry, MI 49868

$139,000

Main Street Floral & Gifts business opportunity with 70+ years serving Newberry and the surrounding Upper Peninsula
Only full‑service florist in Luce County, offering fresh floral arrangements, plants, gifts, and special occasion needs
Well‑maintained commercial building with 2,100+ SF of retail and workspace
Recent exterior and interior improvements include new siding, porches, window awnings, and updated flooring

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Industrial Lumber Processing Facility

6946 County Road 392, Newberry, MI 49868

$1,500,000

59,633 sqft 28.97 AC lot

Industrial facility on nearly 29 acres with multiple buildings, level cleared/gravel yard, and on-site rail access.

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Well-Maintained Church with Functional Layout

321 W John St, Newberry, MI 49868

$189,900

8,200 sqft

8,200 sq. ft. church ideal for worship.

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Redevelopment Land with Small Shop

130 Campbell Avenue, Newberry, MI 49868

$30,000

1.50 AC lot

Commercially zoned 1.5+/- acre parcel with an as-is 400-square-foot building and rear garage door.

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Medical Office Building with X-Ray Rooms

7793 M-123, Newberry, MI 49868

$329,000

3,600 sqft

Custom-built medical office with 7 operatories, X-ray processing rooms, and ample parking on a landscaped lot in Newberry.

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Shovel-Ready Industrial Land Parcel

Co Rd 403, Newberry, MI 49868

$191,000

Mostly open industrial tract with utilities in place and potential rail spur for flexible site development.

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Religious Facility with Classrooms

W 321 W John Street Unit SourceFi, Newberry, MI 49868

$119,900

7,200 sqft

Religious facility with seating for 125+, six classrooms/offices, kitchen, dining area, and 2.5-car garage.

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Commercial Corner Land Parcel

State Hwy M-123, Newberry, MI 49868

$175,000

25.24 AC lot

Commercial-zoned corner parcel with frontage on M-123 and Hamilton Lake Road, offering layout potential for future development.

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Industrial Land with Major Road Frontage

13400 M-28 Highway, Newberry, MI 49868

$199,000

16.81 AC lot

Approximately 550 feet of M-28 frontage provides open land for commercial storage or mixed-use development.

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Turnkey Waterfront Resort Cottages

Newberry, MI 49868

$1,595,000

25.00 AC lot

Turnkey resort on private Halfway Lake with multiple rental cabins and nearly 1,700 feet of lake frontage.

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Vacant Commercial Land with Highway Access

12184 M-28 Highway, Newberry, MI 49868

$149,900

21.29 AC lot

Vacant commercial land with direct M-28 frontage, an existing driveway, and on-site electric, plus lightly wooded acreage.

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Industrial Truck Terminal Garage

6937 Cty Rd 392, Newberry, MI 49868

$595,000

7,920 sqft 7.90 AC lot

Industrial garage facility with restrooms, shower facilities, office space, and radiant heat on nearly 8 acres.

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Redevelopment Retail/Service Site

130 Campbell Avenue, Newberry, MI 49868

$30,000

One-and-a-half-acre commercial-zoned site includes an as-is 400-square-foot building with a rear garage door.

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Two Adjacent Retail Storefronts

221 & 223 Newberry Ave, Newberry, MI 49868

Contact for pricing

Two adjacent downtown retail storefronts with parking in front, positioned on the east side of the main road just past Falls Hotel.

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Auto Service & Retail Shop

1004 Newberry Ave, Newberry, MI 49868

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Two-bay auto service shop with finished front retail area, office space, two bathrooms, and washer/dryer hookups.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 16 Active listings in Newberry, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lakefront Cabin Portfolio

16930 W Manilak Drive, Mcmillan, MI 49853

$1,350,000

5,550 sqft 15.70 AC lot

Package includes five furnished cabins and multiple condo units with shared lake frontage on Big Manistique Lake.

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Lakefront Cabin Resort Portfolio

W16930 Manilak Dr, Mcmillan, MI 49853

$1,350,000

Turnkey package of furnished cabins on Big Manistique Lake with boats and expansion parcels included.

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Corner Specialty Building with Basement

11695 Us-2, Naubinway, MI 49762

Contact for pricing

1,478 sqft

Well-maintained specialty building features air conditioning, propane heat, and a full dry basement with included safe.

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Commercial Land on Busy Highway

US-2 Naubinway, Naubinway, MI 49762

Contact for pricing

Vacant commercial land on a busy US highway, with possible billboard use if allowed and flexible commercial uses nearby.

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Off-Market Properties in Newberry, MI

Consider similar Off-Market properties in Newberry, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

COMMERCIAL (GENERAL)

802 Tahquamenon Blvd, Newberry, MI 49868-1726

Value Estimation by Request

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COMMERCIAL (GENERAL)

5073 State Hwy M123, Newberry, MI 49868

Value Estimation by Request

183.66 AC lot

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COMMERCIAL (GENERAL)

401 Truman St, Newberry, MI 49868-1034

Value Estimation by Request

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COMMERCIAL (GENERAL)

12708 County Rd 428th Rd, Newberry, MI 49868

Unit 428

Value Estimation by Request

20.00 AC lot

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INDUSTRIAL - VACANT LAND

13468 County Rd 466, Newberry, MI 49868-7733

Value Estimation by Request

3.10 AC lot

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COMMERCIAL (GENERAL)

7502 State Hwy M123, Newberry, MI 49868-8125

Value Estimation by Request

2.50 AC lot

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COMMERCIAL (GENERAL)

Newberry, MI 49868

Value Estimation by Request

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COMMERCIAL (GENERAL)

301 John St, Newberry, MI 49868-1010

Value Estimation by Request

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Newberry, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Newberry, MI, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 94,153 square feet of properties for sale, with an estimated market value of $6,837,700.

Sale prices for business properties in Newberry, MI start at $30,000, averaging $488,407, and reaching up to $1,595,000 — 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 5,231

Population Growth (5Y) -1.0%

Median Household Income $53,651

College Educated 27.5%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49868	$548.4K

Taxes & Financing

Tax Rate (average for all types) 3.36%

Tax Rate vs County Average 0.04 pp above county avg

Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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