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    Palmer, MI Multifamily Properties for Sale

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    Palmer Commercial Property with Business Potential
    Updated: Aug 25, 2025
    Palmer Commercial Property with Business Potential

    101 Kirkpatrick Avenue, Palmer, MI 49871

    $345,000
    5,200 sqft · 0.25 AC lot
    Licensed adult foster care home with transferable licenses and current inspections, offering immediate business opportunity.
    Flexible commercial zoning and design suitable for various uses.
    Prime location on M‑35 with excellent visibility, paved access, and ample parking.
    Spacious layout includes six bedrooms and two baths on the main level, a two‑bedroom/one‑bath private upper‑level suite, and a finished lower level.
    Includes a 24x48 heated attached garage with 220 service.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Palmer, 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.

    Negaunee Duplex: Investment or Owner-Occupied
    Negaunee Duplex: Investment or Owner-Occupied

    315 Tobin Street, Negaunee, MI 49866

    $239,900
    2,078 sqft · 0.14 AC lot

    Spacious duplex near downtown Negaunee with recent updates.

    View details
    Duplex with Two 2BR Units
    Duplex with Two 2BR Units

    404 S 3rd Street, Ishpeming, MI 49849

    $174,900
    1,782 sqft · 0.08 AC lot

    Turnkey duplex with two 2-bedroom, 1-bath units and direct basement access for laundry and storage.

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    Turnkey Restaurant & Rental Income
    Turnkey Restaurant & Rental Income

    305 Iron Street, Negaunee, MI 49866

    $750,000
    5,356 sqft

    Established restaurant and bar with five rental units in Negaunee.

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    Established Restaurant with Income Potential
    Established Restaurant with Income Potential

    220 S Main, Ishpeming, MI 49849

    $399,900
    6,160 sqft

    Restaurant with apartments and retail space for sale.

    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.

    Menominee City Building Lot
    Menominee City Building Lot

    605 46th Avenue, Menominee, MI 49858

    Contact for pricing
    0.21 AC lot

    Building lot near Henes Park, ready for construction.

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    High-Elevation View Farmland Parcel
    High-Elevation View Farmland Parcel

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    $2,950,000
    74.20 AC lot

    74-acre ridge-top farmland suited for residential development with expansive multi-directional water and sunset views.

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    Traverse City Land with Utilities
    Traverse City Land with Utilities

    4866 Luanne Lane, Traverse City, MI 49685

    $59,000
    0.52 AC lot

    Half-acre lot with well, septic, gas, and electric hookup.

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    Tippy Dam Lodge Retreat
    Tippy Dam Lodge Retreat

    1306 N Tippy Dam Road, Wellston, MI 49689

    $999,900
    22.24 AC lot

    Unique lodge in Manistee National Forest with multiple buildings.

    View details

    Palmer, MI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Palmer, 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 $0.00.

    Sale prices for multifamily properties in Palmer, MI start at $0.00, averaging $0.00, and reaching up to $0.00 — 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

    Short term rental properties 1

    Demographics Overview

    Population 448
    Median Household Income $60,625
    College Educated 11.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49871 $345K

    Listings Trend

    New vs delisted commercial listings in Macomb County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Macomb County

    Residential Income

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