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Retail and Office Building with Apartment
For Sale
Contact for pricing
Pending

20531 State St, Onaway, MI 49765

Mixed-use building features remodeled retail/office space and a two-bedroom, one-bath apartment at the rear.

Property SizeContact for details
Days on Market124

Property Features for 20531 State St

General Information

Standard status Pending
Property subtype Retail, Office

Additional Details

Multifamily Units 1
Listing Agency: EXIT Realty Premier
Listed By: Billy Jewell · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 12 at 10:39AM

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 EXIT Realty Premier

Investment Insights

Based on property information with market context.

This mixed-use building includes retail/office space at the front and a two-bedroom, one-bath apartment in the back. The front portion of the building was remodeled within the last 15 years, supporting a more updated retail or office presentation.

The property is located on State St. Public remarks note potential for the apartment to be used as a separate monthly rental, providing flexibility for how the space is occupied or managed.

For-sale offering of a storefront-style building combining commercial space with a residential unit, with the front improvements completed in the past 15 years.

Key Highlights

  • Mixed‑use building with retail/office space on Main Street
  • Includes a two‑bedroom, one‑bath apartment at the rear
  • Front of the building was remodeled within the last 15 years

Property Analytics

Current Use

H&R Block Tax Preparation

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Plumbing Service Grocery & Convenience Store Storage Facility Furniture & Home Goods

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49765, MI

3,898
Population
2,787
Households
1.4
Avg Household Size
50
Median Age
15%
College-Educated
89%
High-School Grad
238.1 sq mi
ZIP Area
16
Density / Sq Mi
$53,125
Median Household Income
$33,107
Median Earnings
$753
Median Rent
$114,300
Median Home Value

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
Rey
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Similar Off Market Nearby

  • The Flower Box 20469 state st, onaway, mi 49765
  • Flower Box 20370 State St, Onaway, MI 49765

Frequently Asked Questions

What type of property is this?
Storefront property - Mixed-use building features remodeled retail/office space and a two-bedroom, one-bath apartment at the rear.
Where is this storefront property located?
The property is located at 20531 State St Onaway, MI.
What are key features of this property?
This property features: Mixed‑use building with retail/office space on Main Street; Includes a two‑bedroom, one‑bath apartment at the rear; Front of the building was remodeled within the last 15 years
More about this property
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