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    12909 S Straits Hwy Wolverine, MI 49799

    For Sale
    $599,000

    SINGLE_FAMILY - Wolverine, MI

    Type:Retail
    Lot size:
    0.60 Acres
    Days on Market:
    154
    Last Refresh:
    Dec 7 at 12:06 am

    Property Features for 12909 S Straits Hwy

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    Commercial
    APN
    253-V13-006-001-00
    Parking features
    Parking Lot
    Lot size
    0.60 Acres

    Utilities

    Sewer type
    Shared Septic, Septic Tank
    Water source
    Well

    Berkshire Hathaway Homeservices Indian River (231) 238-7400

    Listing agent Gail Rhine (231) 420-6491

    Listing date Jul 7, 2025

    Copyright © 2025 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.

    Overview

    Updated Commercial Building in Wolverine

    This updated five-unit commercial building is located in downtown Wolverine. The well-maintained property features four street-level units and a one-bedroom apartment above, offering rental income and a solid rental history. Situated at a visible intersection, the property benefits from ample parking and is positioned for foot traffic and business exposure. Interior and exterior updates enhance the curb appeal, complemented by professional landscaping and a rear-side aggregate patio suitable for outdoor seating or customer use. The property is located on a 0.6-acre lot and is zoned for commercial use. Deli equipment may be available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wolverine Cabinet Company Cabinet Store The Corner Farmacy - NOW ... Cannabis Store U.S. Inspection & NDT Industrial Consultant

    Suggested Use

    Restaurant Realty agency Dental Office Auto Repair Shop Food Market Grocery Store Bar & Pub Garden Center Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wolverine
    County
    Cheboygan
    State
    Michigan
    Longitude
    -84.603328
    Latitude
    45.274446

    Nearby Similar for Sale

    • $115,000
      1,328 SF

      Historic Home in Wolverine Village

      Charming 3-bedroom home near Rails to Trails and Sturgeon River.
      12818 S Straits Hwy, Wolverine, MI 49799
      View Details
    • $295,000
      20 SF

      Wolverine Commercial Land & Building

      23 Acres, Riverfront, Huge Building Potential
      13957 Straits Hwy, Wolverine, MI 49799
      View Details
    • $75,000
      350 SF

      Wolverine Commercial Property - High Visibility

      Prime location, versatile space, great opportunity.
      12975 Straits Hwy, Wolverine, MI 49799
      View Details

    FAQs

    What type of property is this?
    Storefront property - Five-unit commercial building with rental income potential in downtown Wolverine.
    Where is this storefront property located?
    The property is located at 12909 S Straits Hwy Wolverine, MI.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Five-unit commercial building in downtown Wolverine.; - Excellent rental income with solid rental history.; - Highly visible intersection location with ample parking.
    (231) 420-6491
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12909 S Straits Hwy Wolverine, MI 49799
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