Realmo

Buy
- For Sale
- Post a Listing
Property Types
- Retail
  
  Storefront
- Office
  
  Office Units
  
  Building
- Residential Income
  
  Multifamily
  
  Quadplex
- Industrial
- Warehouse
- Hospitality
  
  Resort
- Land
  
  Residential
  
  Recreation
  
  Waterfront
  
  Hunting
- Specialty
Rent
Analytics
- Analytics Center
- Value Estimation
- Cap Rate
- Ownership Records
- Zoning Insight
- Location Intelligence
- Business Placement
- Recently Sold
- Off-Market Leads

Advertise Sign In

For Sale
- Retail
  - Storefront
- Office
  - Office Units
  - Building
- Residential Income
  - Multifamily
  - Quadplex
- Industrial
- Warehouse
- Hospitality
  - Resort
- Land
  - Residential
  - Recreation
  - Waterfront
  - Hunting
- Specialty
For Lease
Analytics Center
Value Estimation
Cap Rate
Ownership Records
Zoning Insight
Location Intelligence
Business Placement
Recently Sold
Off-Market Leads
Advertise
Find Brokers

Ontonagon, MI

Ontonagon, MI Commercial Real Estate for Sale

List

Map

Greenland, MI Rockland, MI Carp Lake, MI Mass City, MI White Pine, MI Toivola, MI Ewen, MI Nisula, MI

6 properties

Downtown Office Building with Banquet Room

Updated: Jul 17, 2025

Downtown Office Building with Banquet Room

429 River Street, Ontonagon, MI 49953

$469,000

5,000 sqft 0.12 AC lot

Newer construction built in 2000
5,000 square foot building with two separated office spaces
Large banquet room with open floor and tall ceilings, suitable for events
One office space is currently leased by Michigan Works, providing immediate rental income
Features natural gas heat and central air conditioning

Recreational Lodge with Repair Storage

Updated: Oct 1, 2024

Recreational Lodge with Repair Storage

111 S Steel Street, Ontonagon, MI 49953

$299,000

4,000 sqft 0.27 AC lot

Direct trail access: Located one block from extensive, well‑maintained snowmobile/ATV/UTV trail systems.
Ample space: Over 4,000 sq ft of living area, comfortably sleeps 10.
Dedicated recreational vehicle area: Includes a separate heated repair, cleaning, and storage area.
Convenient location: Close to shopping, gas stations, restaurants, bars, and coffee shops in Ontonagon.
Parking: Plenty of on‑site parking for vehicles and trailers.

Downtown Retail Building with Upstairs Space

Downtown Retail Building with Upstairs Space

425 River Street, Ontonagon, MI 49953

$131,000

9,800 sqft 0.12 AC lot

A Main Street storefront building with occupied retail tenants and a fully vacant upstairs level.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Four-Unit Specialty Commercial Property

Four-Unit Specialty Commercial Property

122 GREENLAND RD, Ontonagon, MI 49953

$159,900

2,400 sqft

Fully occupied commercial rental with four units, a newer roof, and substantial on-site parking.

Downtown Office Building with Banquet Room

Downtown Office Building with Banquet Room

429 River Street, Ontonagon, MI 49953

$499,000

5,000 sqft

Modern office building with central air, natural gas heat, and a large banquet room suited for meetings or events.

Ontonagon Recreational Vehicle Enthusiast's Dream

Ontonagon Recreational Vehicle Enthusiast's Dream

111 S Steel, Ontonagon, MI 49953

$299,000

4,000 sqft

Ideal recreational property near trails, amenities, and services.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Ontonagon, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

Hunting and Farm Land Retreat

Hunting and Farm Land Retreat

18386 N 45 Highway, Bruce Crossing, MI 49912

$275,000

160.00 AC lot

160-acre tract with 50 acres tillable soil, a 24x24 camp, and direct access to the national forest.

Multi-Use Commercial Building

Multi-Use Commercial Building

13909 Hwy 45, Bruce Crossing, MI 49912

Contact for pricing

Turn-key multi-operation building near the intersection of U.S. 45 and M-28, featuring a sports bar, restaurant, and banquet hall.

Ewen Commercial Space on Highway

Ewen Commercial Space on Highway

20143 Hwy M28, Ewen, MI 49925

$69,000

1,300 sqft 0.50 AC lot

Single-level commercial building with highway frontage and recent updates.

Single-Level Retail Storefront with Highway Frontage

Single-Level Retail Storefront with Highway Frontage

20143 HWY M28, Ewen, MI 49925

$69,000

0.60 AC lot

Single-level retail storefront with metal roof, public utilities, and approximately 200 feet of highway frontage for strong visibility.

Off-Market Properties in Ontonagon, MI

Consider similar Off-Market properties in Ontonagon, 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.

514 Chippewa St

COMMERCIAL (GENERAL)

514 Chippewa St, Ontonagon, MI 49953-1010

Value Estimation by Request

Ontonagon, MI 49953

COMMERCIAL (GENERAL)

Ontonagon, MI 49953

Value Estimation by Request

227 Riv St

VACANT COMMERCIAL LAND

227 Riv St, Ontonagon, MI 49953-1652

Value Estimation by Request

201 Riv St

COMMERCIAL (GENERAL)

201 Riv St, Ontonagon, MI 49953-1609

$50,000

Estimated value

523 Pennsylvania Ave

COMMERCIAL (GENERAL)

523 Pennsylvania Ave, Ontonagon, MI 49953-1946

$200,000

Estimated value

233 Riv St

COMMERCIAL (GENERAL)

233 Riv St, Ontonagon, MI 49953-1609

$135,000

Estimated value

530 Riv St

VACANT COMMERCIAL LAND

530 Riv St, Ontonagon, MI 49953-1616

Value Estimation by Request

35541 107th Engineers Memorial Hwy

COMMERCIAL (GENERAL)

35541 107th Engineers Memorial Hwy, Ontonagon, MI 49953-9088

$550,000

Estimated value

10.36 AC lot

335 Riv St

COMMERCIAL (GENERAL)

335 Riv St, Ontonagon, MI 49953-1611

Value Estimation by Request

Riv St

VACANT COMMERCIAL LAND

Riv St, Ontonagon, MI 49953

Value Estimation by Request

18334 State Hwy M38

COMMERCIAL (GENERAL)

18334 State Hwy M38, Ontonagon, MI 49953-9416

Value Estimation by Request

0.48 AC lot

102 2nd St

COMMERCIAL (GENERAL)

102 2nd St, Ontonagon, MI 49953-1337

$125,000

Estimated value

Ontonagon, MI 49953

VACANT COMMERCIAL LAND

Ontonagon, MI 49953

Value Estimation by Request

20.00 AC lot

522 Riv St

VACANT COMMERCIAL LAND

522 Riv St, Ontonagon, MI 49953-1616

Value Estimation by Request

317 Riv St

COMMERCIAL (GENERAL)

317 Riv St, Ontonagon, MI 49953-1611

$125,000

Estimated value

Ontonagon, MI 49953

COMMERCIAL (GENERAL)

Ontonagon, MI 49953

Value Estimation by Request

Steel St

COMMERCIAL (GENERAL)

Steel St, Ontonagon, MI 49953

Value Estimation by Request

Ontonagon, MI 49953

COMMERCIAL (GENERAL)

Ontonagon, MI 49953

$140,000

Estimated value

Ontonagon, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Ontonagon, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 30,200 square feet of properties for sale, with an estimated market value of $1,856,900.

Sale prices for business properties in Ontonagon, MI start at $131,000, averaging $309,483, and reaching up to $499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Demographics Overview

Population 2,261

Population Growth (5Y) -10.2%

Median Household Income $55,647

College Educated 25.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49953	$304.7K

Taxes & Financing

Tax Rate (average for all types) 4.14%

Tax Rate vs County Average 0.14 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ontonagon County

New Delisted

Total CRE Inventory on Market (SF)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Contact Us