Ontonagon, MI
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    Ontonagon, MI Office Spaces for Sale

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    Greenland, MI Rockland, MI White Pine, MI
    Downtown Ontonagon Commercial Building
    $469,000
    5,000 SF
    Downtown Ontonagon Commercial Building

    429 River Street, Ontonagon, MI 49953

    Newer construction, 5,000 SF commercial building in downtown Ontonagon.
    • 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
    Updated: Jul 17, 2025
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    Downtown Office Building with Banquet Room
    $499,000
    5,000 SF
    Downtown Office Building with Banquet Room

    429 River Street, Ontonagon, MI 49953

    Modern office building with central air, natural gas heat, and a large banquet room suited for meetings or events.
    • 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
    Updated: Jul 17, 2025
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    Ontonagon Commercial Building Opportunity
    $131,000
    9,800 SF
    Ontonagon Commercial Building Opportunity

    9800 sq ft commercial building in Ontonagon, Michigan.

    425 River Street, Ontonagon, MI 49953

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

    Versatile Commercial Flex Building
    $125,000
    4,251 SF
    Versatile Commercial Flex Building

    Well-maintained flex facility with multiple entrances, office rooms, and a loading dock for practical day-to-day operations.

    719 Douglas Boulevard, Ironwood, MI 49938

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    Remodeled Office Building with Solar
    $448,000
    Remodeled Office Building with Solar

    Move-in-ready office building with reception, private offices, conference space, ample parking, and energy efficiency updates.

    205 Michigan, Hancock, MI 49930

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    Commercial Office Building on Cloverland
    $150,000
    2,700 SF
    Commercial Office Building on Cloverland

    Commercial office building with three individual offices, each with a bathroom.

    652 E Cloverland, Ironwood, MI 49938

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    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

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    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.

    Eagle River Commercial Land Parcel
    $379,900
    7.36 Acres
    Eagle River Commercial Land Parcel

    7.36 acre commercial land with highway frontage in Eagle River.

    4365 WALL ST, Eagle River, WI 54521

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    Eagle River Vacant Land Parcel
    $449,500
    4.80 Acres
    Eagle River Vacant Land Parcel

    4.8-acre vacant land in Eagle River, Wisconsin's Northwoods.

    4301 HWY 70, Eagle River, WI 54521

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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

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    Bayfield Land For Sale
    $949,900
    Bayfield Land For Sale

    Land available in Bayfield, Wisconsin.

    35480 Whitetail Avenue, Bayfield, WI 54814

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    Ontonagon, MI Office Spaces Market Trends and Statistics

    Explore 3 office spaces for sale in Ontonagon, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 19,800 square feet of properties for sale, with an estimated market value of $1,099,000.

    Sale prices for office spaces in Ontonagon, MI start at $131,000, averaging $366,333, 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 $300K

    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%

    Total CRE Inventory on Market (SF)

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