Office

Ontonagon, MI Office Spaces for Sale

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Rockland, MI Greenland, MI Ewen, MI White Pine, MI Mass City, MI
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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1 active listing matches your search: Office for sale in Ontonagon, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Room Office Building Corner Lot
Two-Room Office Building Corner Lot

56638 Calumet Avenue, Calumet, MI 49913

$395,000
1,332 sqft

Office building on a corner lot with three entrances, parking access from two roads, and two main rooms with shared amenities.

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Downtown Office Building with Two Levels
Downtown Office Building with Two Levels

608 Shelden Avenue, Houghton, MI 49931

$945,000
5,000 sqft

Office building with separate main-street and lakeshore-access levels, offering flexible floor plan configurations.

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Office Building with Updated Interior
Office Building with Updated Interior

47480 Paradise, Houghton, MI 49931

$475,000

Reception, private offices, a large meeting area, and a full kitchen provide a range of workplace settings.

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Corner Office Building
Corner Office Building

56638 Calumet, Calumet, MI 49913

$369,500

Two main rooms, a restroom, storage, and three entrances support a flexible office configuration.

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Ontonagon, MI Office Spaces Market Trends and Statistics

Explore 1 office spaces 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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