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    Ontonagon, MI
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    Ontonagon, MI Office Buildings for Sale

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    Greenland, MI Rockland, MI White Pine, MI
    Downtown Ontonagon Commercial Building
    Updated: Jul 17, 2025
    Downtown Ontonagon Commercial Building

    429 River Street, Ontonagon, MI 49953

    $469,000
    5,000 sqft · 0.12 AC lot
    Newer construction built in 2000
    5,000 square foot building with two separated office spaces
    Large banquet room with open floor and tall ceilings, suitable for events
    One office space is currently leased by Michigan Works, providing immediate rental income
    Features natural gas heat and central air conditioning
    View details
    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
    View details
    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 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.

    Office Building with Reception Area
    Office Building with Reception Area

    230 Washington Avenue, Iron River, MI 49935

    $115,000
    1,262 sqft · 0.05 AC lot

    Small office building with reception, multiple offices, AC, and a roof replaced within the last few years.

    View details
    Office Building with Heated Attached Garage
    Office Building with Heated Attached Garage

    9559 BOLGER LAKE RD, Minocqua, WI 54548

    $659,900
    4,440 sqft · 1.17 AC lot

    Multi-office office building includes conference room, full kitchen, and heated attached garage with paved parking and accessibility.

    View details
    Renovated Commercial Building on Highway
    Renovated Commercial Building on Highway

    7601 HWY 51, Minocqua, WI 54548

    $350,000
    0.65 AC lot

    Charming, renovated commercial building with high highway exposure.

    View details
    Iron River Office Building For Sale
    Iron River Office Building For Sale

    402 Washington Ave, Iron River, MI

    $425,000
    4,320 sqft · 0.27 AC lot

    Office building with break room and public transportation access.

    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.

    Vacant City Lot in Downtown
    Vacant City Lot in Downtown

    ON DIVISION ST, Park Falls, WI 54552

    Contact for pricing
    0.06 AC lot

    Vacant 0.06 acre city lot in downtown Park Falls.

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    Commercial Lot in Growing District
    Commercial Lot in Growing District

    NAVAJO ST lot: 5, Rhinelander, WI 54501

    $457,380
    1.50 AC lot

    Commercial lot in Rhinelander's Quarry Professional Business Park.

    View details
    Commercial Land with Three-Side Access
    Commercial Land with Three-Side Access

    2802 E 2nd St, Superior, WI 54880

    $87,500
    0.34 AC lot

    Level commercial lot zoned C2, with access on three sides and strong traffic visibility for retail or service development.

    View details
    Zero-Step Entry Office with Heated Garage
    Zero-Step Entry Office with Heated Garage

    750 W Arthur Avenue, Bruce, WI 54819

    $249,900
    1,080 sqft · 3.70 AC lot

    Fenced commercial property with a zero-step entry office, plus an insulated, heated garage with a 10' overhead door.

    View details

    Ontonagon, MI Office Buildings Market Trends and Statistics

    Explore 2 office buildings for sale in Ontonagon, MI on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale, with an estimated market value of $968,000.

    Sale prices for office properties in Ontonagon, MI start at $469,000, averaging $484,000, and reaching up to $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 2
    Office Units 2

    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 $484K

    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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