Downtown Office Building with Banquet
For Sale
$469,000
429 River Street, Ontonagon, MI 49953
COMMERCIAL - Ontonagon, MI
Property Size5,000 SF
Lot Size0.12 Acres
Price / SF$93.80
Days on Market392
Property Features for 429 River Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
Commercial
Exterior features
Wheelchair Access
Accessibility
Accessible Approach with Ramp
Subdivision
Original Of Village Of Ontonagon
Lot features
Bus Service To Site, Main Street
Standard status
Active
Size
5,000 SF
Lot size
0.12 Acres
Utilities
Cooling system
Central Air
Water source
Public
Amenities
natural gas heat
central air conditioning
village water/sewer
wheelchair ramp
banquet room
Building Details
Year built
2000
Roof type
Metal
Listing Agency:
DOMITROVICH REALTY, INC
(906) 884-2801
Listed By:
DONALD DOMITROVICH · License #UPAR
(906) 250-0160
Added: Jul 17, 2025
Changed: Aug 4
Last Checked: Aug 12 at 8:06AM
MLS# 50181983
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.
Newer construction commercial office building offering approximately 5,000 square feet with two separated office spaces. One suite includes a large banquet room with an open floor plan and tall ceilings. The building also has natural gas heat and central air conditioning, with village water and sewer services.
The property is located in the middle of downtown Ontonagon, with access and parking on Spar St. A wheelchair ramp provides accessibility to the building.
One office suite is currently leased by Michigan Works, while the other space is available for occupancy based on the tenant arrangement.
The property is located in the middle of downtown Ontonagon, with access and parking on Spar St. A wheelchair ramp provides accessibility to the building.
One office suite is currently leased by Michigan Works, while the other space is available for occupancy based on the tenant arrangement.
Key Highlights
- Newer construction built in 2000
- 5,000 square foot building with two separated office spaces
- Large banquet room with open floor and tall ceilings, suitable for events
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Explore this area
Business Placement
Demographics for 49953, MI
2,541
Population
1,909
Households
1.3
Avg Household Size
59
Median Age
19%
College-Educated
95%
High-School Grad
464.9 sq mi
ZIP Area
5
Density / Sq Mi
$55,647
Median Household Income
$35,035
Median Earnings
$557
Median Rent
$103,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Newer downtown office building with two separated office suites, natural gas heat, and central air.
Where is this office building located?
The property is located at 429 River Street Ontonagon, MI.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Newer construction built in 2000; 5,000 square foot building with two separated office spaces; Large banquet room with open floor and tall ceilings, suitable for events
