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Mixed-Use Property with Heated Workshop
For Sale
$299,000

111 S Steel Street, Ontonagon, MI 49953

COM/IND/BUS OPP, Ontonagon, MI

Property Size4,000 SF
Lot Size0.27 Acres
Price / SF$74.75
Days on Market728

Property Features for 111 S Steel Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Patio and Porch features Patio
Exterior features Deck/Patio
Lot features Corner Lot
Subdivision Ontonagon Twp (66014)
Standard status Active
Size 4,000 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 1603

Utilities

Heating system Forced Air
Water source Public

Amenities

covered porch
gaming area
kitchen/dining/bar area
wide-open concept area
separate heated repair/cleaning/storage area

Building Details

Year built 1950
Roof type Metal
Additional Structures Second Garage
Listing Agency: DOMITROVICH REALTY, INC
Listed By: GERALD DOMITROVICH · License #UPAR
Added: Oct 1, 2024 Changed: Sep 6 Last Checked: Sep 28 at 3:06AM
MLS# 50156920

Copyright © 2026 Upper Peninsula Association 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 4,000-square-foot mixed-use property provides a flexible combination of living and recreational-vehicle support space. The interior includes a kitchen, dining and bar area, gaming space, and an open area for vehicle work, cleaning, or group use. A separate heated repair, cleaning, and storage area adds practical utility, while the covered porch supports outdoor gathering. Forced-air heating, a metal roof, public water, and a 1950 construction date are also documented.

The property occupies 0.27 acres at 111 S Steel Street in Ontonagon, Michigan. It is positioned one block from established snowmobile, ATV, and UTV trail systems, with shopping, fuel, restaurants, bars, and coffee shops located a short drive away. On-site parking accommodates vehicles and trailers.

Key Highlights

  • 4,000 square feet of mixed‑use interior space
  • 0.27‑acre property at 111 S Steel Street, Ontonagon, MI 49953
  • Separate heated repair, cleaning, and storage area

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Auto Repair Shop Building Supply Auto Parts Store Law Firm HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby

Demographics for 49953, MI

2,541
Population
1,909
Households
1.3
Avg Household Size
59
Median Age
19%
College-Educated
95%
High-School Grad
464.9 sq mi
ZIP Area
5
Density / Sq Mi
$55,647
Median Household Income
$35,035
Median Earnings
$557
Median Rent
$103,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercially zoned property combines living, gathering, and heated recreational-vehicle work areas.
Where is this mixed-use property located?
The property is located at 111 S Steel Street Ontonagon, MI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 4,000 square feet of mixed‑use interior space; 0.27‑acre property at 111 S Steel Street, Ontonagon, MI 49953; Separate heated repair, cleaning, and storage area
More about this property
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