Mixed-Use Building with
New
For Sale
$229,900
224 Newberry Ave, Newberry, MI 49868
Commercial Sale, Newberry, MI
Property Size2,592 SF
Price / SF$88.70
Days on Market3
Property Features for 224 Newberry Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Exterior features
High Traffic Locatn, High Visibility, Storage
Elementary school district
Tahquamenon
Middle school district
Tahquamenon
High school district
Tahquamenon
Directions
Corner of M-123 and M-28 into Newberry. At corner of W John and Newberry Avenue - building is the third on the left (west) side of the street. All three entrances on main level. No sign posted. Tours by appointment only.
Subdivision
42 - McMillan, Newberry and Soo Junction Areas
Standard status
Active
APN
041-100-050-0600
Size
2,592 SF
Utilities
Heating system
Baseboard, Hot Water(Heating)
Water source
Public
Amenities
on-site parking
Building Details
Building materials
Masonry, Mixed
Roof type
Flat
Additional Structures
Storage
Listing Agency:
Key Realty One
Listed By:
Ryan W Bennett · License #6506047373
(906) 360-1434
Added: Sep 30
Changed: Oct 1
Last Checked: Oct 2 at 3:06AM
MLS# 26-1037
Copyright © 2026 Eastern Upper Peninsula 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.
At 224 Newberry Ave, this 2,592-square-foot, two-story masonry building combines two street-level commercial spaces with three apartments above. All five units are currently rented. The property has a flat roof, baseboard and hot-water heating, and public water service. Commercial zoning is reported for the site.
Parking is available behind the building, with additional street parking along Newberry Avenue. The property is in Newberry, with local banks, a grocery store, a laundromat, a hospital, and a post office identified as nearby services.
Parking is available behind the building, with additional street parking along Newberry Avenue. The property is in Newberry, with local banks, a grocery store, a laundromat, a hospital, and a post office identified as nearby services.
Key Highlights
- 2,592‑square‑foot, two‑story masonry building
- Two street‑level commercial spaces and three upper‑level apartments
- All units currently rented
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
Explore this area
Business Placement
Demographics for 49868, MI
4,108
Population
2,951
Households
1.4
Avg Household Size
47
Median Age
18%
College-Educated
92%
High-School Grad
706.5 sq mi
ZIP Area
6
Density / Sq Mi
$53,651
Median Household Income
$35,154
Median Earnings
$809
Median Rent
$98,400
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?
Mixed-use property - Two ground-floor commercial suites are paired with three upstairs apartments.
Where is this mixed-use property located?
The property is located at 224 Newberry Ave Newberry, MI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 2,592‑square‑foot, two‑story masonry building; Two street‑level commercial spaces and three upper‑level apartments; All units currently rented
