Mixed-Use

Indian River, MI Mixed-use Properties for Sale

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Alanson, MI Topinabee, MI Wolverine, MI Cheboygan, MI Brutus, MI Afton, MI Petoskey, MI Wolverine Lake, MI
Move-in Ready Commercial Office Space
Updated: Apr 7
Move-in Ready Commercial Office Space

4878 S Straits Highway, Indian River, MI 49749

$225,000
Excellent Class A highway exposure, 1/2 mile south of Inland Lakes Schools
Move‑in ready and immaculate condition, currently serving as a commercial office
Strategic location near Burt Lake, groomed snowmobile trails, Sturgeon River, North Central Trail system, and state land
Spacious layout with a large sitting area, two offices, and a gathering space with a fireplace
Includes a two‑car garage
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Indian River, 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.

Mixed-Use Building with Commercial Space
Mixed-Use Building with Commercial Space

525 W Mitchell Street, Petoskey, MI 49770

$1,870,000
10,580 sqft

Multi-unit property with office/retail spaces and on-site rentals, including off-street parking.

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Downtown Gaylord Mixed-Use Building
Downtown Gaylord Mixed-Use Building

144 W Main Street, Gaylord, MI 49735

$325,000
4,822 sqft

Commercial building with mixed-use potential and ample parking.

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Mixed-Use Property in Downtown Gaylord
Mixed-Use Property in Downtown Gaylord

139-147 W. Main Street |, Gaylord, MI 49735

$1,725,395
15 sqft

Three-story mixed-use property with office, retail, and restaurant spaces.

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Mixed-Use Building with Rental Micro-Units
Mixed-Use Building with Rental Micro-Units

525 W Mitchell St, Petoskey, MI 49770

$1,930,000
22,405 sqft

Commercially zoned building across from a regional hospital with micro rental units and office/retail space.

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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.

Commercial Development Site on Bluff
Commercial Development Site on Bluff

4367 Charlevoix Ave, Petoskey, MI 49770

$369,000

Bluff-top commercial lot with prior assisted-living approval and utility access, offering bay and Beaver Island views.

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Elmira Land Parcel on Woodward
Elmira Land Parcel on Woodward

V/L 1.6AC Woodward Avenue, Elmira, MI 49730

$63,900
1.60 AC lot

1.6-acre parcel with meadow and woods near M-32 Highway.

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Waterfront Multi-Use Land Parcels
Waterfront Multi-Use Land Parcels

220 Water Street, East Jordan, MI 49727

$4,999,000
3.40 AC lot

Eight parcels total 3.4 acres with 360 feet of Lake Charlevoix waterfront in a centrally located mixed-use setting.

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Gently Sloped Commercial-Ready Lot
Gently Sloped Commercial-Ready Lot

US 31 S, Charlevoix, MI 49720

$110,000
1.34 AC lot

A 1.34-acre wooded site with utility access options in a mixed residential and commercial planning area.

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Indian River, MI Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Indian River, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $225,000.

Sale prices for multi use buildings in Indian River, MI start at $225,000, averaging $225,000, and reaching up to $225,000 — 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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Demographics Overview

Population 4,860
Population Growth (5Y) +21.7%
Median Household Income $66,604
College Educated 49.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49749 $662.5K

Taxes & Financing

Tax Rate (average for all types) 2.66%
Tax Rate vs County Average 0.54 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cheboygan County

New Delisted

Total CRE Inventory on Market (SF)

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