Live - Work Space

Homer, MI Live-work Space for Sale

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Caspian, MI Gaastra, MI Crystal Falls, MI Long Lake, WI Amasa, MI Florence, WI Phelps, WI Watersmeet, MI
Mixed-Use Property with Restaurant
Updated: Jan 12
Mixed-Use Property with Restaurant

130 Washington Avenue, Iron River, MI 49935

$199,000
2,923 sqft 0.45 AC lot
2,923‑square‑foot restaurant and bar with full basement
Separate residence with 4 bedrooms and additional third‑floor space
Michigan liquor license included with the sale
Remodeled commercial kitchen with 10‑foot Captivaire vent hood
Commercial equipment includes walk‑in cooler and freezer, fryers, POS system, and beer coolers
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Mixed-Use Building with Two Apartments
Updated: May 4
Mixed-Use Building with Two Apartments

417 Washington Avenue, Iron River, MI 49935

$379,000
6,237 sqft 0.18 AC lot
Two upper‑level apartments: one with 2 bedrooms and 1 bath, the other with 1 bedroom and 1 bath
Main floor includes 3 examination rooms, private offices, reception and waiting areas
Full poured basement with 2,079 square feet of storage
0.18‑acre site with an on‑site parking lot
Built in 1996; forced‑air heating and central air conditioning
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Homer, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Three-Story Mixed-Use Property
Three-Story Mixed-Use Property

7563 Hwy 51, Minocqua, WI 54548

$494,900
3,120 sqft 0.68 AC lot

Business zoning supports office, rental, home-based office, and live-work uses.

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Mixed-Use Building with Living Quarters
Mixed-Use Building with Living Quarters

509 WALL ST E, Eagle River, WI 54521

$695,000
0.60 AC lot

Downtown Commercial zoning supports office, retail, restaurant, service, showroom, boutique, or spa uses.

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Mixed-Use Log Building
Mixed-Use Log Building

7563 HWY 51, Minocqua, WI 54548

$494,900
0.68 AC lot

Flexible three-level property with office areas, residential amenities, and business zoning for multiple use options.

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CommercialSale, Eagle River, WI
CommercialSale, Eagle River, WI

837 RAILROAD ST N, Eagle River, WI 54521

$550,000
0.98 AC lot

Commercial land · 0.98 Acres

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Homer, MI Live-Work Space Market Trends and Statistics

Explore 2 live-work space for sale in Homer, MI on our real estate platform. These investment opportunities span a total of 9,160 square feet of properties for sale, with an estimated market value of $578,000.

Sale prices for live-work properties in Homer, MI start at $199,000, averaging $289,000, and reaching up to $379,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office buildings 1

Demographics Overview

Population 4,472
Population Growth (5Y) -6.5%
Median Household Income $59,460
College Educated 13.9%

Taxes & Financing

Tax Rate (average for all types) 2.46%
Property Tax per SF $51.41 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Iron County

New Delisted

Total CRE Inventory on Market (SF)

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