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Retail Building with Greenhouse
For Sale
Contact for pricing
Pending

20469 State Street, Onaway, MI 49765

Commercial property combines retail space, greenhouse improvements, and an attached apartment.

Property SizeContact for details
Days on Market144

Property Features for 20469 State Street

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: Coldwell Banker Schmidt, Realtors Indian River
Listed By: Heather Nutt · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:49AM

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 Coldwell Banker Schmidt, Realtors Indian River

Investment Insights

Based on property information with market context.

This retail property in downtown Onaway includes a commercial building, greenhouse, and an attached one-bedroom, one-bath apartment. The building is currently operating as a flower shop and includes a rear work area with a walk-in cooler, along with two display coolers at the front. The configuration supports continued retail use while providing an integrated residential component.

Positioned at the corner of State Street and First Street, the property offers 122 feet of road frontage on a site measuring just over two lots. The address is along State Street, also identified as M-68, placing the building within the downtown area of Onaway. The apartment may be occupied as part of a live-work setup or leased separately, subject to applicable requirements.

Key Highlights

  • Retail building with greenhouse and attached 1 bed, 1 bath apartment
  • Currently operating as an established flower shop
  • Walk‑in cooler serving the rear work area and cold storage

Property Analytics

Current Use

The Flower Box (Bike/Boat/Book/etc) Store State Street Studio, ... Gym & Fitness Center

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Building Supply Plumbing Service 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.

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial property combines retail space, greenhouse improvements, and an attached apartment.
Where is this retail space located?
The property is located at 20469 State Street Onaway, MI.
What are key features of this property?
This property features: Retail building with greenhouse and attached 1 bed, 1 bath apartment; Currently operating as an established flower shop; Walk‑in cooler serving the rear work area and cold storage
More about this property
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