Mixed-Use

Homer, MI Mixed-use Properties 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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Restaurant Building with Newer Roof
Restaurant Building with Newer Roof

202 W Genesee Street, Iron River, MI 49935

$60,000
3,236 sqft 0.08 AC lot

Commercial building with central air, forced-air heat, and on-site parking.

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COMMERCIAL - Iron River, MI
COMMERCIAL - Iron River, MI

417 Washington Ave, Iron River, MI 49935

$379,000
6,237 sqft 0.18 AC lot

4,158 sq ft commercial/residential property with income potential.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

Mixed-Use Property with Retail Space
Mixed-Use Property with Retail Space

160 Hwy 45, Conover, WI 54519

$649,900
8,960 sqft

Multiple standalone buildings combine retail, office, and an upstairs apartment in a flexible commercial layout.

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Mixed-Use Property with Storage
Mixed-Use Property with Storage

2192 HWY 17, Phelps, WI 54554

$529,900
1.46 AC lot

A combination of storage, wash services, laundry facilities, and a one-bedroom apartment occupies a single property.

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Multi-Building Retail Property
Multi-Building Retail Property

160 HWY 45, Conover, WI 54519

$649,900
1.06 AC lot

Four standalone buildings combine retail, office, storage, and residential components on a 1.06-acre commercial parcel.

View details
Mixed-Use Property with Car Wash
Mixed-Use Property with Car Wash

2192 A HWY 17, Phelps, WI 54554

$239,900
0.47 AC lot

The site combines vehicle and dog washing facilities, a laundromat, and an attached one-bedroom apartment.

View details

Homer, MI Mixed-Use Properties Market Trends and Statistics

Explore 4 mixed-use properties for sale in Homer, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 18,633 square feet of properties for sale, with an estimated market value of $1,017,000.

Sale prices for multi use buildings in Homer, MI start at $60,000, averaging $254,250, 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

Live-work space 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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