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

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    Greenland, MI White Pine, MI Bruce Crossing, MI
    Mixed-Use Property in Downtown Ontonagon
    $399,000
    14,750 SF

    Mixed-Use Property in Downtown Ontonagon

    900 River Street, Ontonagon, MI 49953

    Move-in ready apartment with retail space in downtown location.

    • Move‑in ready 2800 sq ft apartment with 3+ bedrooms and 2 full baths.
    • 14 potential retail spaces and 3 baths on the lower level.
    • Convenient downtown location.
    • Plenty of parking.
    • Adjacent to the Ontonagon River.
    Updated: Feb 18
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    Ontonagon Mixed-Use Development Opportunity
    $134,000
    9,800 SF

    Ontonagon Mixed-Use Development Opportunity

    425 River, Ontonagon, MI 49953

    9800 sq ft mixed-use property in Ontonagon's business district.

    • 9800 sq ft of space for development.
    • Prime commercial location in the heart of Ontonagon.
    • Vacant upstairs space ready for development.
    • Existing tenants in the main street storefront: flower shop, gift shop, and contractor's office.
    • Located in a village on the shores of Lake Superior and the Ontonagon River.
    Updated: Nov 2, 2023
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Ontonagon, 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 Liquor License
    $300,000
    0.04 Acres

    Mixed-Use Building with Liquor License

    Income-producing mixed-use property with bar, apartment, and redevelopment potential.

    307 Quincy, Hancock, MI 49930
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    Mixed-Use Property in Downtown Ironwood
    $97,900
    2,100 SF

    Mixed-Use Property in Downtown Ironwood

    Versatile commercial property with storefront and apartments in revitalized district.

    122 W Aurora Street, Ironwood, MI 49938
    View details
    Mixed-Use Building with Apartment
    $52,000
    2,756 SF

    Mixed-Use Building with Apartment

    2,756 sq ft commercial building with upstairs apartment.

    100 Bonnie Street, Ironwood, MI 49938
    View details
    Hancock Mixed-Use Property for Sale
    $194,900

    Hancock Mixed-Use Property for Sale

    Mixed-use property with B-2 zoning, suitable for business or residential.

    209 Montezuma, Hancock, MI 49930
    View details

    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.

    Torch Lake Development Opportunity
    $750,000
    34.89 Acres

    Torch Lake Development Opportunity

    34.89 acres with 1700+ feet of Torch Lake frontage.

    52634 M26 Highway, Lake Linden, MI 49945
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    Woodruff, WI Acreage For Sale
    $80,000
    1.02 Acres

    Woodruff, WI Acreage For Sale

    1+ acre lot zoned General Business near Minocqua.

    CTH J lot: 1, Woodruff, WI 54568
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    Woodruff, WI Commercial Land
    $80,000
    1.02 Acres

    Woodruff, WI Commercial Land

    One-acre commercial land near Minocqua, Wisconsin, with multiple use opportunities.

    CTH J lot: 1, Woodruff, WI 54568
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    Bayfield Land with Lake Views
    $949,900
    29.79 Acres

    Bayfield Land with Lake Views

    29.79+/- acres with Lake Superior views and development potential.

    35480 Whitetail Ave, Bayfield, WI 54814
    View details

    Ontonagon, MI Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 2 mixed-use properties for sale in Ontonagon, MI on our real estate platform. These investment opportunities span a total of 24,550 square feet of properties for sale, with an estimated market value of $533,000.

    Sale prices for multi use buildings in Ontonagon, MI start at $134,000, averaging $266,500, and reaching up to $399,000 — 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 Strategic Investment

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

    Neighborhood Average Price
    49953 $266.5K

    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%

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