Mixed-Use

Ontonagon, MI Mixed-use Properties for Sale

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Greenland, MI Rockland, MI Ewen, MI White Pine, MI
Historic Mixed-Use Building with Storefronts
Updated: Nov 3, 2023
Historic Mixed-Use Building with Storefronts

425 River Street, Ontonagon, MI 49953

$131,000
9,800 sqft 0.12 AC lot
9,800 square feet of mixed‑use building area
Commercial zoning with main‑level storefront space
Three current occupants: flower shop, gift shop, and contractor’s office
Vacant upper floor available for additional use
Built in 1904 with a documented history as a livery stable, feed and seed store, bowling alley, and bar
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ontonagon, 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 Building with Apartment
Mixed-Use Building with Apartment

409 LAKE LINDEN AVENUE, Laurium, MI 49913

$179,900
1,312 sqft

Street-level business space is paired with a two-bedroom residence and a partially completed additional area.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

409 Lake Linden Avenue, Laurium, MI 49913

$179,900
1,312 sqft 0.13 AC lot

A street-level salon setup pairs with a two-bedroom residence and a separate unfinished area.

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100 Bonnie St., Ironwood, MI
100 Bonnie St., Ironwood, MI

100 Bonnie St, Ironwood, MI 49938

Contact for pricing
2,756 sqft 0.10 AC lot

2,756 sq ft commercial building with upstairs apartment.

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Commercial Building with Apartment
Commercial Building with Apartment

100 Bonnie Street, Ironwood, MI 49938

Contact for pricing
2,756 sqft 0.10 AC lot

2,756 sq ft commercial building with upstairs apartment.

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Ontonagon, MI Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Ontonagon, MI on our real estate platform. These investment opportunities span a total of 9,800 square feet of properties for sale, with an estimated market value of $131,000.

Sale prices for multi use buildings in Ontonagon, MI average $131,000 — 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 2,261
Population Growth (5Y) -10.2%
Median Household Income $55,647
College Educated 25.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49953 $215K

Taxes & Financing

Tax Rate (average for all types) 4.14%
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ontonagon County

New Delisted

Total CRE Inventory on Market (SF)

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