Ontonagon, MI
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    Ontonagon, MI Commercial Real Estate for Sale

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    Greenland, MI Rockland, MI White Pine, MI
    7 results
    Mixed-Use Property in Downtown Ontonagon
    $399,000
    14,750 SF

    Mixed-Use Property in Downtown Ontonagon

    900 River Street, Ontonagon, MI 49953

    Move-in ready apartment with retail space in downtown location.

    • Move‑in ready 2800 sq ft apartment with 3+ bedrooms and 2 full baths.
    • 14 potential retail spaces and 3 baths on the lower level.
    • Convenient downtown location.
    • Plenty of parking.
    • Adjacent to the Ontonagon River.
    Updated: Feb 18
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    Downtown Ontonagon Commercial Building
    $469,000
    5,000 SF

    Downtown Ontonagon Commercial Building

    429 River Street, Ontonagon, MI 49953

    Newer construction, 5,000 SF commercial building in downtown Ontonagon.

    • 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
    Updated: Jul 17, 2025
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    Ontonagon Commercial Property Near Trails
    $299,000
    4,000 SF

    Ontonagon Commercial Property Near Trails

    Commercial property in Ontonagon, near trails and amenities.

    111 S Steel Street, Ontonagon, MI 49953
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    Ontonagon Commercial Building For Sale
    $134,000
    9,800 SF

    Ontonagon Commercial Building For Sale

    9800 sq ft commercial building in Ontonagon, Michigan.

    425 River Street, Ontonagon, MI 49953
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    9.5 Acres Near Lake Superior
    $39,000
    9.50 Acres

    9.5 Acres Near Lake Superior

    Two parcels near Lake Superior ideal for homestead or recreation.

    ON Scovia Avenue, Ontonagon, MI 49953
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    Ontonagon Recreational Vehicle Enthusiast's Dream
    $299,000
    4,000 SF

    Ontonagon Recreational Vehicle Enthusiast's Dream

    Ideal recreational property near trails, amenities, and services.

    111 S Steel, Ontonagon, MI 49953
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    Ontonagon Mixed-Use Development Opportunity
    $134,000
    9,800 SF

    Ontonagon Mixed-Use Development Opportunity

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

    425 River, Ontonagon, MI 49953
    View details
    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.

    South Range Commercial Opportunity
    $579,000
    3,552 SF

    South Range Commercial Opportunity

    Commercial property with pub and short-term rental apartment.

    31 Trimountain Avenue, South Range, MI 49965
    View details
    Ewen, MI Commercial Space
    $69,000
    1,300 SF

    Ewen, MI Commercial Space

    Prime commercial space with highway frontage in Ewen, Michigan.

    20143 HWY M28, Ewen, MI 49925
    View details
    224 Acres of Michigan Wooded Parcel
    $470,000
    224.00 Acres

    224 Acres of Michigan Wooded Parcel

    Exceptional wooded parcel near Baltic, Michigan with timber and trails.

    Baltic Onkalos Corner Road, South Range, MI 49963
    View details
    Ewen Commercial Building on Main
    $40,000
    500 SF

    Ewen Commercial Building on Main

    Commercial building on Main Street in Ewen, Michigan.

    203 S Cedar, Ewen, MI 49925
    View details

    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

    514 Chippewa St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    514 Chippewa St, Ontonagon, MI 49953-1010
    View details
    Ontonagon, MI 49953

    Ontonagon, MI 49953

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Ontonagon, MI 49953
    View details
    227 Riv St

    227 Riv St

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    227 Riv St, Ontonagon, MI 49953-1652
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    201 Riv St

    201 Riv St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    201 Riv St, Ontonagon, MI 49953-1609
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    523 Pennsylvania Ave

    523 Pennsylvania Ave

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    523 Pennsylvania Ave, Ontonagon, MI 49953-1946
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    233 Riv St

    233 Riv St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    233 Riv St, Ontonagon, MI 49953-1609
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    530 Riv St

    530 Riv St

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    530 Riv St, Ontonagon, MI 49953-1616
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    35541 107th Engineers Memorial Hwy

    35541 107th Engineers Memorial Hwy

    COMMERCIAL (GENERAL) • 10.36 Acres
    Value Estimation by Request
    35541 107th Engineers Memorial Hwy, Ontonagon, MI 49953-9088
    View details
    335 Riv St

    335 Riv St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    335 Riv St, Ontonagon, MI 49953-1611
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    Riv St

    Riv St

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    Riv St, Ontonagon, MI 49953
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    18334 State Hwy M38

    18334 State Hwy M38

    COMMERCIAL (GENERAL) • 0.48 Acres
    Value Estimation by Request
    18334 State Hwy M38, Ontonagon, MI 49953-9416
    View details
    102 2nd St

    102 2nd St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    102 2nd St, Ontonagon, MI 49953-1337
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    Ontonagon, MI 49953

    Ontonagon, MI 49953

    VACANT COMMERCIAL LAND • 20.00 Acres
    Value Estimation by Request
    Ontonagon, MI 49953
    View details
    522 Riv St

    522 Riv St

    VACANT COMMERCIAL LAND
    Value Estimation by Request
    522 Riv St, Ontonagon, MI 49953-1616
    View details
    317 Riv St

    317 Riv St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    317 Riv St, Ontonagon, MI 49953-1611
    View details
    Ontonagon, MI 49953

    Ontonagon, MI 49953

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Ontonagon, MI 49953
    View details
    Steel St

    Steel St

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    Steel St, Ontonagon, MI 49953
    View details

    Ontonagon, MI Commercial Real Estate Investment Opportunities Market Analysis

    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 47,350 square feet of properties for sale, with an estimated market value of $1,734,000.

    Sale prices for business properties in Ontonagon, MI start at $134,000, averaging $289,000, and reaching up to $469,000 — 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 Strategic Investment

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

    Neighborhood Average Price
    49953 $289K

    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%

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