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    Ontonagon, MI
    Mixed-Use

    Ontonagon, MI Mixed-use Properties for Sale

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    Greenland, MI Rockland, MI Carp Lake, MI Mass City, MI White Pine, MI Toivola, MI Ewen, MI Nisula, 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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    6-Unit Apartment Building with Commercial Space
    6-Unit Apartment Building with Commercial Space

    137 Lake Linden Avenue, Laurium, MI 49913

    $229,900
    3,776 sqft 0.28 AC lot

    Five apartments, an additional commercial component, and on-site laundry serve residential and business-oriented occupancy needs.

    View details
    Six-Unit Mixed-Use Property
    Six-Unit Mixed-Use Property

    137 Lake Linden Avenue, Laurium, MI 49913

    $229,900
    3,772 sqft 0.28 AC lot

    Mixed residential and commercial configuration with on-site laundry and off-street parking in Laurium.

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    Mixed-Use Building with Open Floor
    Mixed-Use Building with Open Floor

    514 Quincy St, Hancock, MI 49930

    Contact for pricing

    Existing partitioned rooms and an open main level support a range of redevelopment concepts.

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    Hancock Mixed-Use Property for Sale
    Hancock Mixed-Use Property for Sale

    209 Montezuma, Hancock, MI 49930

    Contact for pricing

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

    View details

    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%

    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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