Five-Unit Retail
For Sale
$574,000
12909 S Straits Highway, Wolverine, MI 49799
COMMERCIAL - Wolverine, MI
Property SizeContact for details
Lot Size0.60 Acres
Days on Market417
Property Features for 12909 S Straits Highway
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Commercial
Parking features
Parking Lot
Subdivision
T33N,R2W
Directions
S. Straits Highway to Wolverine. Corner of S. Straits Highway and Cedar Street.
Standard status
Active
APN
253-V13-006-001-00
Lot size
0.60 Acres
Taxes and HOA fees
Tax Description
PLAT OF THE VILLAGE OF TORREY, S 103FT OF LOT 1, BLK 6 **AND** ALL OF LOTS 2 & 3...
Legal Description
PLAT OF THE VILLAGE OF TORREY, S 103FT OF LOT 1, BLK 6 **AND** ALL OF LOTS 2 & 3...
Utilities
Sewer type
Septic Tank, Shared Septic
Water source
Well
Amenities
professional landscaping
rear-side aggregate patio
Listing Agency:
Berkshire Hathaway Homeservices Indian River
(231) 238-7400
Listed By:
Gail Rhine
(231) 420-6491
Added: Jul 1, 2025
Changed: Aug 4
Last Checked: Aug 21 at 2:06AM
MLS# 201835746
Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This five-unit retail/commercial building has been updated and is described as well maintained. The layout includes four street-level units plus a one-bedroom apartment above, and the property is described as fully occupied. Updates are noted both inside and outside, with landscaping and an aggregate patio at the rear-side that can support outdoor seating or customer use.
The building is positioned at a highly visible intersection in downtown Wolverine with parking on site via a parking lot. Additional details in the remarks mention that like-new deli equipment could be available.
The site is 0.6 acres and is served by a well water source and septic tank/shared septic sewer service. The property is zoned commercial and is located at 12909 S Straits Highway in Wolverine, MI 49799 (Cheboygan County).
The building is positioned at a highly visible intersection in downtown Wolverine with parking on site via a parking lot. Additional details in the remarks mention that like-new deli equipment could be available.
The site is 0.6 acres and is served by a well water source and septic tank/shared septic sewer service. The property is zoned commercial and is located at 12909 S Straits Highway in Wolverine, MI 49799 (Cheboygan County).
Key Highlights
- Four street‑level units plus a one‑bedroom apartment above in a five‑unit retail/commercial building
- Described as fully occupied with established rental history
- 0.6‑acre site with commercial zoning
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49799, MI
2,514
Population
1,484
Households
1.7
Avg Household Size
49
Median Age
15%
College-Educated
93%
High-School Grad
118.4 sq mi
ZIP Area
21
Density / Sq Mi
$51,029
Median Household Income
$31,023
Median Earnings
$682
Median Rent
$164,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Five-unit commercial building in downtown Wolverine with four street-level units and an upstairs one-bedroom apartment.
Where is this storefront property located?
The property is located at 12909 S Straits Highway Wolverine, MI.
What is the asking price?
The asking price for this property is $574,000.
What are key features of this property?
This property features: Four street‑level units plus a one‑bedroom apartment above in a five‑unit retail/commercial building; Described as fully occupied with established rental history; 0.6‑acre site with commercial zoning
