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    Main St Onekama, MI 49675

    • Commercial real estate
    • 970 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Main St

    Year built
    1940
    Lot size
    0.23 lot acres
    Property size
    970 SF
    Property type
    Commercial real estate

    Description

    This exceptional 970-square-foot property in the charming village of Onekama, Michigan, presents a unique investment opportunity. Situated on two combined lots totaling 0.23 acres, this versatile space boasts 100 feet of road frontage on two sides, plus convenient alley access. Currently vacant, the building was previously used as a dentist's office approximately seven years ago and requires updating. Zoned for commercial use, it also allows for residential applications, opening doors to a variety of possibilities, from establishing a small business to developing tiny homes. Imagine the possibilities! The property's prime location offers unparalleled convenience, with easy walking access to Onekama's vibrant village center. Enjoy nearby parks, a picturesque beach, boat launch, marinas, shops, and restaurants. A tranquil walk-in park just steps away provides a perfect spot to relax and watch the sunset over Portage Lake, which connects to the Lake Michigan channel. This property's combination of location, zoning flexibility, and ample space makes it an ideal investment for those seeking a unique opportunity in a desirable Michigan community. The two lots, each measuring 100x50 feet, provide ample room for expansion or development. Don't miss this chance to own a piece of Onekama's thriving village life.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Onekama
    County
    Manistee
    State
    Michigan
    Longitude
    -86.2152
    Latitude
    44.3692

    Comparable in this City

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      0.60 Acres

      8155 Portage St

      COMMERCIAL (GENERAL) • 0.60 Acres
      8155 Portage St, Onekama, MI 49675-5105
      View Details

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    Onekama, MI 49675
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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