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    Onaway, MI
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    Onaway, MI Waterfront Land for Sale

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    6 properties
    Riverfront Triplex Property
    Updated: Mar 12
    Riverfront Triplex Property

    7039 River Bend Drive, Onaway, MI 49765

    $274,000
    2,484 sqft
    Three rental dwellings totaling 2484 square feet
    Two 2‑bedroom units plus one 1‑bedroom unit
    90 feet along the Black River/Tower Pond waterfront
    Bungalow‑style construction with vinyl and wood materials
    Natural‑gas heating, well water, and shared septic
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    Creekfront Hunting Land
    Updated: Jul 27
    Creekfront Hunting Land

    10695 Hutchinson Highway, Onaway, MI 49765

    $250,000
    40.00 AC lot
    40 acres with established trails, food plot pockets, apple trees, farmland, and harvestable timber
    Approximately 1,338 feet of Stewart Creek crosses the property
    Electric service, well, and septic are already in place
    Elevated hunting blind locations and multiple building sites
    Hay barn included; existing house trailer identified as having no value
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    Creekfront Hunting Land
    Creekfront Hunting Land

    10695 HUTCHINSON HIGHWAY, Onaway, MI 49765

    $250,000

    Hunting acreage with creek frontage, established trails, utility service, and multiple building sites.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Riverfront Triplex
    Riverfront Triplex

    7039 River Bend Drive, Onaway, MI 49765

    $274,000
    2,464 sqft

    Three residential units offer a two-bedroom, two-bedroom, and one-bedroom configuration with covered deck space.

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    Riverfront Waterfront Land Parcel
    Riverfront Waterfront Land Parcel

    Parcel B W 638 Highway, Onaway, MI 49765

    $85,000
    4.00 AC lot

    A 4-acre parcel with 360 feet of Upper Black River frontage and direct river access in Onaway, MI.

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    Upper Black River Frontage Land
    Upper Black River Frontage Land

    Parcel C W 638 Highway, Onaway, MI 49765

    $85,000
    4.00 AC lot

    Scenic riverfront parcel with direct access to the Upper Black River and 360 feet of frontage.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Onaway, 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.

    Cheboygan Land with Creek Frontage
    Cheboygan Land with Creek Frontage

    N Black River Road, Cheboygan, MI 49721

    $46,000
    5.00 AC lot

    Five acre land parcel with Mud Creek waterfront access.

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    Waterfront Land with Creek
    Waterfront Land with Creek

    PARCEL A TWIN LAKES ROAD, Cheboygan, MI 49721

    $250,000

    A wooded parcel along the Upper Black River with an existing driveway and access to outdoor recreation.

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    Private Land Near Silver Lake
    Private Land Near Silver Lake

    204 S Silver Pl, Indian River, MI 49749

    Contact for pricing

    Association-maintained roads serve a private parcel near Silver Lake, the Indian River, and two additional nearby lakes.

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    Pigeon River Land Parcel
    Pigeon River Land Parcel

    Par 17 Spikehorn Trail, Indian River, MI 49749

    $79,000
    10.25 AC lot

    10+ acres on Pigeon River, joins State Land.

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    Onaway, MI Waterfront Land Market Trends and Statistics

    Explore 6 waterfront land for sale in Onaway, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 2,095,828 square feet of properties for sale, with an estimated market value of $1,218,000.

    Sale prices for water rights properties in Onaway, MI start at $85,000, averaging $203,000, and reaching up to $274,000 — 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

    Waterfront Land 6
    Hunting land 5
    Recreation land 5
    Residential land & home lots 3
    Agricultural land / Farmland 2

    Demographics Overview

    Population 4,287
    Population Growth (5Y) +15.9%
    Median Household Income $53,125
    College Educated 19.0%

    High-Yield Neighborhoods for Investment

    Identify Onaway submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49765 $188.8K

    Taxes & Financing

    Tax Rate (average for all types) 3.24%
    Tax Rate vs County Average 1.42 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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