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Ontonagon, MI

Ontonagon, MI Commercial Real Estate for Sale

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Greenland, MI Rockland, MI White Pine, MI

7 properties

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Downtown Ontonagon Commercial Building

Updated: Jul 17, 2025

Downtown Ontonagon Commercial Building

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

Ontonagon Commercial Property Near Trails

Updated: Oct 1, 2024

Ontonagon Commercial Property Near Trails

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 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.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Ontonagon Commercial Building Opportunity

Ontonagon Commercial Building Opportunity

425 River Street, Ontonagon, MI 49953

$131,000

9,800 sqft · 0.12 AC lot

9800 sq ft commercial building in Ontonagon, Michigan.

9.5 Acres Near Lake Superior

9.5 Acres Near Lake Superior

ON Scovia Avenue, Ontonagon, MI 49953

$39,000

9.50 AC lot

Two parcels near Lake Superior ideal for homestead or recreation.

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.

Ontonagon Mixed-Use Development Opportunity

Ontonagon Mixed-Use Development Opportunity

425 River, Ontonagon, MI 49953

$131,000

9,800 sqft

9800 sq ft mixed-use property in Ontonagon's business district.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Ontonagon, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

160 Acres of Versatile Land

160 Acres of Versatile Land

18386 N 45 Highway, Bruce Crossing, MI 49912

$285,000

160.00 AC lot

Prime land with agricultural and recreational potential near Bruce Crossing.

Single-Story Retail Building

Single-Story Retail Building

20143 HWY M28, Ewen, MI 49925

$69,000

1,300 sqft · 0.60 AC lot

Single-level retail building with open layout, highway frontage, ample parking, and recent updates for immediate occupancy.

Heavily Wooded Land For Sale

Heavily Wooded Land For Sale

14571 Holombo Road, Bruce Crossing, MI 49912

$325,000

176.00 AC lot

176 acres of wooded land with established building site.

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.

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

VACANT COMMERCIAL LAND

227 Riv St, Ontonagon, MI 49953-1652

Value Estimation by Request

COMMERCIAL (GENERAL)

201 Riv St, Ontonagon, MI 49953-1609

Value Estimation by Request

523 Pennsylvania Ave

COMMERCIAL (GENERAL)

523 Pennsylvania Ave, Ontonagon, MI 49953-1946

Value Estimation by Request

COMMERCIAL (GENERAL)

233 Riv St, Ontonagon, MI 49953-1609

Value Estimation by Request

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

Value Estimation by Request

10.36 AC lot

COMMERCIAL (GENERAL)

335 Riv St, Ontonagon, MI 49953-1611

Value Estimation by Request

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

COMMERCIAL (GENERAL)

102 2nd St, Ontonagon, MI 49953-1337

Value Estimation by Request

Ontonagon, MI 49953

VACANT COMMERCIAL LAND

Ontonagon, MI 49953

Value Estimation by Request

20.00 AC lot

VACANT COMMERCIAL LAND

522 Riv St, Ontonagon, MI 49953-1616

Value Estimation by Request

COMMERCIAL (GENERAL)

317 Riv St, Ontonagon, MI 49953-1611

Value Estimation by Request

Ontonagon, MI 49953

COMMERCIAL (GENERAL)

Ontonagon, MI 49953

Value Estimation by Request

COMMERCIAL (GENERAL)

Steel St, Ontonagon, MI 49953

Value Estimation by Request

Ontonagon, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Ontonagon, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 37,600 square feet of properties for sale, with an estimated market value of $1,828,000.

Sale prices for business properties in Ontonagon, MI start at $131,000, averaging $304,666, 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.

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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	$283.6K

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)

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