Short-Term Rental with Heated
For Sale
$325,000
111 S Steel Street, Ontonagon, MI 49953
COM/IND/BUS OPP, Ontonagon, MI
Property Size4,000 SF
Lot Size0.27 Acres
Price / SF$81.25
Days on Market736
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
gaming area
covered porch
heated repair/storage/cleaning area
garage
Building Details
Year built
1950
Roof type
Metal
Additional Structures
Second Garage
Listing Agency:
DOMITROVICH REALTY, INC
(906) 884-2801
Listed By:
GERALD DOMITROVICH · License #UPAR
(906) 250-1873
Added: Oct 1, 2024
Changed: Oct 2
Last Checked: Oct 6 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.
Configured as a short-term rental, the property offers over 4,000 square feet of living space with capacity to sleep up to 10. Interior features include a kitchen, dining and bar area, gaming area, and an open gathering space. A heated repair, storage, and cleaning area is complemented by a separate 16-by-40-foot garage. The site also has parking for vehicles and trailers and a covered porch with grilling space. Built in 1950, the property has forced-air heat, a metal roof, and public water, and is zoned Commercial.
The 0.27-acre property is one block from trail systems. Shopping, gas stations, restaurants, bars, and coffee shops are described as minutes away in Ontonagon, Michigan.
The 0.27-acre property is one block from trail systems. Shopping, gas stations, restaurants, bars, and coffee shops are described as minutes away in Ontonagon, Michigan.
Key Highlights
- Over 4,000 square feet of living space; sleeps up to 10
- Heated repair, storage, and cleaning area
- Additional 16x40 garage
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Sleeping accommodations for up to 10 are paired with a heated area for vehicle servicing, storage, and cleanup.
Where is this short term rental 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 $325,000.
What are key features of this property?
This property features: Over 4,000 square feet of living space; sleeps up to 10; Heated repair, storage, and cleaning area; Additional 16x40 garage
