730 7Th St Ontonagon, MI 49953

This 6,372 square foot industrial building in Ontonagon, MI, presents a compelling investment opportunity. Situated on a 1.37-acre lot with ample paved parking, the property enjoys a highly visible location across from Aspirus Ontonagon Clinic and near the county courthouse and downtown. Currently generating positive cash flow from existing tenants, including Aspirus Ontonagon Physical Therapy and the Michigan Secretary of State (under a contracted lease), this building offers immediate income potential. Multiple offices are ready for immediate occupancy, providing flexibility for expansion or additional rental income. Recent capital improvements significantly enhance the property's value and appeal. These upgrades include the complete replacement of both the central air conditioning and heating systems, ensuring efficient and cost-effective operation. The interior has also undergone extensive renovations, resulting in modern and well-maintained office spaces. The building's strategic location, strong tenant base, and recent improvements combine to create a rare opportunity for investors seeking a stable, high-return investment in a thriving community. This property is ready for immediate income generation and future growth.