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Five-Unit Retail Building
For Sale
$574,000

12909 S Straits Highway, Wolverine, MI 49799

COMMERCIAL - Wolverine, MI

Property SizeContact for details
Lot Size0.60 Acres
Days on Market417

Property Features for 12909 S Straits Highway

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Commercial
Parking features Parking Lot
Subdivision T33N,R2W
Directions S. Straits Highway to Wolverine. Corner of S. Straits Highway and Cedar Street.
Standard status Active
APN 253-V13-006-001-00
Lot size 0.60 Acres

Taxes and HOA fees

Tax Description PLAT OF THE VILLAGE OF TORREY, S 103FT OF LOT 1, BLK 6 **AND** ALL OF LOTS 2 & 3...
Legal Description PLAT OF THE VILLAGE OF TORREY, S 103FT OF LOT 1, BLK 6 **AND** ALL OF LOTS 2 & 3...

Utilities

Sewer type Septic Tank, Shared Septic
Water source Well

Amenities

professional landscaping
rear-side aggregate patio
Listing Agency: Berkshire Hathaway Homeservices Indian River
Listed By: Gail Rhine
Added: Jul 1, 2025 Changed: Aug 4 Last Checked: Aug 21 at 6:06AM
MLS# 201835746

Copyright © 2026 Water Wonderland Board 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 five-unit retail/commercial building has been updated and is described as well maintained. The layout includes four street-level units plus a one-bedroom apartment above, and the property is described as fully occupied. Updates are noted both inside and outside, with landscaping and an aggregate patio at the rear-side that can support outdoor seating or customer use.

The building is positioned at a highly visible intersection in downtown Wolverine with parking on site via a parking lot. Additional details in the remarks mention that like-new deli equipment could be available.

The site is 0.6 acres and is served by a well water source and septic tank/shared septic sewer service. The property is zoned commercial and is located at 12909 S Straits Highway in Wolverine, MI 49799 (Cheboygan County).

Key Highlights

  • Four street‑level units plus a one‑bedroom apartment above in a five‑unit retail/commercial building
  • Described as fully occupied with established rental history
  • 0.6‑acre site with commercial zoning

Property Analytics

Current Use

Wolverine Cabinet Company Hardware & Home Improvement The Corner Farmacy - NOW ... (Bike/Boat/Book/etc) Store U.S. Inspection & NDT Industrial Consultant

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Dental Office (Bike/Boat/Book/etc) Store Pet Grooming Service Daycare Center

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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49799, MI

2,514
Population
1,484
Households
1.7
Avg Household Size
49
Median Age
15%
College-Educated
93%
High-School Grad
118.4 sq mi
ZIP Area
21
Density / Sq Mi
$51,029
Median Household Income
$31,023
Median Earnings
$682
Median Rent
$164,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Five-unit commercial building in downtown Wolverine with four street-level units and an upstairs one-bedroom apartment.
Where is this storefront property located?
The property is located at 12909 S Straits Highway Wolverine, MI.
What is the asking price?
The asking price for this property is $574,000.
What are key features of this property?
This property features: Four street‑level units plus a one‑bedroom apartment above in a five‑unit retail/commercial building; Described as fully occupied with established rental history; 0.6‑acre site with commercial zoning
More about this property
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