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    Ontonagon, MI Office Spaces for Sale

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    Greenland, MI Rockland, MI Carp Lake, MI Ewen, MI Mass City, MI White Pine, MI Toivola, MI Nisula, MI
    Mixed-Use Property with Heated Workshop
    Updated: Oct 1, 2024
    Mixed-Use Property with Heated Workshop

    111 S Steel Street, Ontonagon, MI 49953

    $299,000
    4,000 sqft 0.27 AC lot
    4,000 square feet of mixed‑use interior space
    0.27‑acre property at 111 S Steel Street, Ontonagon, MI 49953
    Separate heated repair, cleaning, and storage area
    Commercial zoning with kitchen, dining, bar, gaming, and open work areas
    One block from snowmobile, ATV, and UTV trail systems
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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 6 Potential Opportunities for your consideration. Besides 2 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.

    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    216 E Aurora Street, Ironwood, MI 49938

    $509,900
    7,093 sqft 0.13 AC lot

    Flexible commercial and residential configuration with renovated interiors, office suites, a loft, and an apartment.

    View details
    Office Units with Basement
    Office Units with Basement

    135 E Cloverland Drive, Ironwood, MI 49938

    Contact for pricing
    2,781 sqft

    Basement area includes electricity, natural gas, and water connections.

    View details
    Updated Flex Space with Garage Areas
    Updated Flex Space with Garage Areas

    1001 Ethel, Hancock, MI 49930

    Contact for pricing
    3,240 sqft

    Corner-lot commercial building with mixed-use zoning, private parking, and adaptable interior areas.

    View details
    Remodeled Office Building with Solar
    Remodeled Office Building with Solar

    205 Michigan, Hancock, MI 49930

    Contact for pricing

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

    View details

    Ontonagon, MI Office Spaces Market Trends and Statistics

    Explore 2 office spaces for sale in Ontonagon, MI on our real estate platform. These investment opportunities span a total of 9,000 square feet of properties for sale, with an estimated market value of $798,000.

    Sale prices for office spaces in Ontonagon, MI start at $299,000, averaging $399,000, 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 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 $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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