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Remodeled Commercial Building
For Sale
$325,000

408 Mill Street, Munising, MI 49862

COMMERCIAL - Munising, MI

Property Size4,763 SF
Lot Size0.02 Acres
Price / SF$68.23
Days on Market261

Property Features for 408 Mill Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
Security features Security Lighting
Exterior features Fenced Yard, Security Lighting, Wheelchair Access, Fence Owned
Fencing Fenced
Accessibility Accessible Approach with Ramp
Subdivision C&K Plat
Lot features Bus Service To Site, Main Street, Subdivision, Downtown Dev Authority, Cleared
Standard status Active
Size 4,763 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9531

Utilities

Heating system Forced Air
Cooling system Wall/Window Unit(s), Central Air
Water source Public

Building Details

Year built 2021
Roof type Shingle
Listing Agency: BIG C REALTY-M
Listed By: JOANN CARLSON · License #UPAR
Added: Dec 3, 2025 Changed: Aug 4 Last Checked: Aug 21 at 12:06AM
MLS# 50195562

Copyright © 2026 Upper Peninsula Association 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 remodeled commercial property includes a new addition completed in 2021, bringing the total size to 4,700+ square feet. The structure is already in place, giving an owner the ability to plan and implement their intended use within the existing building framework.

The property is located in Munising, just off M-28 on Mill Street, with visibility and ample parking. It is also described as being only three blocks from the center of downtown Munising.

With commercial zoning in place, the site supports multiple possible uses, subject to applicable requirements.

Key Highlights

  • Recently remodeled in 2021 with a 2600 sq. ft. addition, totaling over 4700 sq. ft.
  • Prime location: 3 blocks from downtown Munising, just off M‑28 on Mill St.
  • Commercial zoning allows for multiple uses.

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Parking Lot & Garage Hair Salon HVAC Service Pharmacy Nail Salon (Bike/Boat/Book/etc) Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby

Demographics for 49862, MI

4,602
Population
2,462
Households
1.9
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
170.0 sq mi
ZIP Area
27
Density / Sq Mi
$59,575
Median Household Income
$36,643
Median Earnings
$718
Median Rent
$150,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Specialty property - Remodeled in 2021 with a new addition, totaling 4,700+ square feet under commercial zoning allowing multiple uses.
Where is this specialty property located?
The property is located at 408 Mill Street Munising, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Recently remodeled in 2021 with a 2600 sq. ft. addition, totaling over 4700 sq. ft.; Prime location: 3 blocks from downtown Munising, just off M‑28 on Mill St.; Commercial zoning allows for multiple uses.
More about this property
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