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    Ontonagon, MI Office Buildings for Sale

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    Downtown Office Building with Banquet Room
    Updated: Jul 17, 2025
    Downtown Office Building with Banquet Room

    429 River Street, Ontonagon, MI 49953

    $499,000
    5,000 sqft
    5,000 SF commercial building in downtown Ontonagon
    Natural gas heat and central air conditioning
    Village water/sewer service
    Two separated office spaces, including a large banquet room with open floor and tall ceilings
    Front office is currently leased by Michigan Works
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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.

    One-Story Office Building
    One-Story Office Building

    337 Brady Avenue, Caspian, MI 49915

    $650,000
    10,206 sqft 0.27 AC lot

    Flexible commercial layout with multiple offices, meeting space, staff amenities, and a full basement.

    View details
    Brick Office Building with Basement
    Brick Office Building with Basement

    337 Brady Ave, Caspian, MI 49915

    $650,000
    10,206 sqft

    Flexible office layout includes private workrooms, meeting space, employee amenities, and additional lower-level storage capacity.

    View details
    Renovated Office Building
    Renovated Office Building

    522 WALL ST E, Eagle River, WI 54521

    $399,900
    0.28 AC lot

    Updated office property with storage, paved parking, prominent signage, and access from two streets.

    View details
    Office Building with Highway Exposure
    Office Building with Highway Exposure

    929 RAILROAD ST N, Eagle River, WI 54521

    $338,250
    0.48 AC lot

    Public utilities, natural gas, parking, internet access, and on-site signage support varied commercial applications.

    View details

    Ontonagon, MI Office Buildings Market Trends and Statistics

    Explore 1 office buildings for sale in Ontonagon, MI on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale, with an estimated market value of $499,000.

    Sale prices for office properties in Ontonagon, MI average $499,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 1
    Office Units 1

    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 $499K

    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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