Four-Unit Specialty Commercial
For Sale
$159,900
122 GREENLAND RD, Ontonagon, MI 49953
Fully occupied commercial rental with four units, a newer roof, and substantial on-site parking.
Property Size2,400 SF
Price / SF$66.63
Days on Market13
Property Features for 122 GREENLAND RD
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Multi-Unit (2-4)
Occupancy
100%
Additional Details
Gross Income
$14,400
Office Units
4
Amenities
Lot Size Acres: 0.59
Asphalt Roof
Sewer Type: Community
Percentage of Tax that is Deductable: 0
Has Central AC: 1
Forced Air Heating, Natural Gas Heat Fuel
Sale, Sale Type: Foreclosure
Basement Type: Crawl
Built in 1991
Above Area Square Feet: 2400
Near Bus, Handicap Features
2 Half Baths
Water Source: Community
Construction Type: Frame
Vinyl Siding
Building Details
Year Built
1991
Buildings
1
Tenancy
Multi
Abandoned
No
Listing Agency:
FLYING EAGLE REALTY LLC
(715) 321-4489
Listed By:
Dan Hafenbredl · License #6040890
(715) 321-4489
Source:
Doyle-realty
Added: Jul 28
Changed: Aug 9
Last Checked: Aug 9 at 4:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FLYING EAGLE REALTY LLC
Investment Insights
Based on property information with market context.
This 2,400-square-foot specialty commercial property contains four rental units and is fully occupied. Constructed in 1991, the building was initially developed as a daycare and later reconfigured for multi-tenant commercial use. A newer roof adds to the existing improvements, while the property also includes a large lot and sizable parking area for vehicle circulation.
The property is located at 122 Greenland Rd in Ontonagon, Michigan, near the shores of Lake Superior. Its four-unit layout provides an established commercial rental configuration within the Ontonagon community.
The property is located at 122 Greenland Rd in Ontonagon, Michigan, near the shores of Lake Superior. Its four-unit layout provides an established commercial rental configuration within the Ontonagon community.
Key Highlights
- 2,400 SF specialty commercial property
- Four commercial rental units, fully occupied
- Constructed in 1991 and later converted from daycare use
Property Analytics
Current Use
Lease Details
4
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
78
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Fully occupied commercial rental with four units, a newer roof, and substantial on-site parking.
Where is this specialty property located?
The property is located at 122 GREENLAND RD Ontonagon, MI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 2,400 SF specialty commercial property; Four commercial rental units, fully occupied; Constructed in 1991 and later converted from daycare use
