Escanaba, MI
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    Escanaba, MI Mixed-use Properties for Sale

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    Wells, MI Gladstone, MI Cornell, MI
    Escanaba Commercial Corner Property
    $700,000
    11,000 SF
    Escanaba Commercial Corner Property

    1636 Ludington Street, Escanaba, MI 49829

    Mixed-use property with restaurant and auto shop in Escanaba.
    • Corner commercial building in Escanaba with two businesses: La Cantina Mexican restaurant and Novak's used car sales and repair shop
    • Restaurant pays $3,200/month plus all utilities; owners want to sign a long‑term lease
    • Restaurant and garage have separate heating/cooling systems; garage includes a natural gas heater and a wood furnace
    • Garage includes an office and bathroom; repair shop/used car sales are leaving but will take equipment like a car hoist, large air compressor, and tire racks
    • Roof over the restaurant replaced in 2025 with rubberized sealing (cost $40,000)
    Updated: Mar 30
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    Escanaba Corner Property with Restaurant
    $700,000
    Escanaba Corner Property with Restaurant

    1636 Ludington, Escanaba, MI 49829

    Mixed-use property featuring a restaurant and auto shop.
    • Prime corner location at the intersection of Escanaba, Stephenson, and Ludington.
    • Existing tenant provides immediate rental income of $3200/month plus utilities, with potential for a long‑term lease.
    • Restaurant roof replaced in 2025 with a $40,000 rubberized sealing.
    • Included car hoist, large air compressor, and tire racks.
    • Two additional lots across the alley are included in the sale.
    Updated: Apr 7
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    Prime Downtown Escanaba Mixed-Use Building
    $650,000
    31,600 SF
    Prime Downtown Escanaba Mixed-Use Building

    Prominent corner location with retail, office, and residential potential.

    1100 Ludington, Escanaba, MI 49829

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Escanaba, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Ellison Bay Commercial Building
    $499,900
    1,472 SF
    Ellison Bay Commercial Building

    Well-maintained commercial building in Ellison Bay with versatile interior.

    12046 Hwy 42, Ellison Bay, WI 54210

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    Charming Mixed-Use Building in Ellison Bay
    $449,000
    2,600 SF
    Charming Mixed-Use Building in Ellison Bay

    Mixed-use building with retail space, apartment, and oversized garage.

    12030 Garrett Bay Rd, Ellison Bay, WI 54210

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    Downtown Gladstone Multi-Family Investment
    $209,995
    3,694 SF
    Downtown Gladstone Multi-Family Investment

    Multi-family property with commercial space in downtown Gladstone, MI.

    905 Delta Avenue, Gladstone, MI 48983-7

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    Mixed-Use Investment in Downtown Gladstone
    $209,995
    3,694 SF
    Mixed-Use Investment in Downtown Gladstone

    Turn-key mixed-use property in the heart of downtown Gladstone, MI.

    905 Delta Avenue, Gladstone, MI 49837

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vulcan, MI Homesite Land
    $189,000
    27.28 Acres
    Vulcan, MI Homesite Land

    27+ acre homesite on a gentle south-facing slope.

    Pine Creek Roads, Vulcan, MI 49892

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    Land on Highway, Norway, MI
    Contact for pricing
    1.50 Acres
    Land on Highway, Norway, MI

    1.5 acre commercial land parcel with highway frontage.

    US 2 Highway, Norway, MI 49870

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    Vacant Land on US2 Highway
    $59,900
    10.57 Acres
    Vacant Land on US2 Highway

    10.57 acres of vacant land with highway access.

    2420 W US2 Highway, Gulliver, MI 49840

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    High Exposure Land on Highway
    $294,000
    1.00 Acre
    High Exposure Land on Highway

    Desirable location with high traffic volume in Michigan's Upper Peninsula.

    E US41/M28 Highway, Negaunee, MI 49866

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    Escanaba, MI Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 3 mixed-use properties for sale in Escanaba, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 42,600 square feet of properties for sale, with an estimated market value of $1,350,000.

    Sale prices for multi use buildings in Escanaba, MI start at $650,000, averaging $675,000, and reaching up to $700,000 — 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

    Live-work space 1

    Demographics Overview

    Population 17K
    Population Growth (5Y) -0.5%
    Median Household Income $45,808
    College Educated 23.9%

    High-Yield Neighborhoods for Investment

    Identify Escanaba submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49829 $683.3K

    Taxes & Financing

    Tax Rate (average for all types) 4.91%
    Property Tax per SF $85.03 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Delta County

    New Delisted

    Total CRE Inventory on Market (SF)

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