Residential Income

Onekama, MI Residential Income Properties for Sale

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Bear Lake, MI Manistee, MI Kaleva, MI Arcadia, MI Brethren, MI Wellston, MI Benzonia, MI Thompsonville, MI
Mixed-Use Storefront and Home
Updated: Apr 19
Mixed-Use Storefront and Home

4990 Main Street, Onekama, MI 49675

$349,000
3,500 sqft 0.16 AC lot
Mixed‑use property with a commercial storefront plus a spacious 3‑bedroom home at the rear
On‑site garage and additional workshop space for storage, hobbies, or business use
Lake waterfront feature; well water source and cable available
Heating: forced air; cooling: central air
Built in 1930 with concrete and wood siding and a composition roof
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Onekama, 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.

Two-Story Brick Mixed-Use Building
Two-Story Brick Mixed-Use Building

135 Washington St, Manistee, MI 49660

$259,000
3,800 sqft

Main-level retail space is paired with two apartments in a historic Manistee commercial setting.

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Triplex Property with Basement
Triplex Property with Basement

7378 Chief Road, Bear Lake, MI 49614

$389,900
1.72 AC lot

Eight-bedroom layout with private water, septic service, and paved driveway parking.

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Multi-Unit Residential Property
Multi-Unit Residential Property

Bear Lake, MI 49614

$389,900
1.72 AC lot

Residential income property with a substantial land component in Bear Lake, Michigan.

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Commercial Sale, Manistee, MI
Commercial Sale, Manistee, MI

140 W Parkdale Avenue, Manistee, MI 49660

$350,000
2,616 sqft 0.87 AC lot

Commercial land · 2,616 SF

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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.

Lake-View Waterfront Land
Lake-View Waterfront Land

W Fairway Street lot: 17, Onekama, MI 49675

$48,500
0.33 AC lot

Lake-view lot with Portage Lake and Bay views on Andys Point Peninsula, with electricity available.

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Residential Land with Three Buildable Parcels
Residential Land with Three Buildable Parcels

VL 9 Mile Road, Kaleva, MI 49645

$184,900
16.48 AC lot

Three separate buildable parcels on residential land with wooded and open areas, plus direct access from each parcel.

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Manistee Land For Sale
Manistee Land For Sale

1130 E Parkdale Avenue, Manistee, MI 49660

$170,000
4.37 AC lot

4.37 acre commercial land with high traffic and development potential.

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Arcadia Vacant Land Ready
Arcadia Vacant Land Ready

Third Street lot: 30, Arcadia, MI 49613

$99,000
0.41 AC lot

Open lot in quiet location near Lake Michigan and Arcadia.

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Onekama, MI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Onekama, MI on our real estate platform. These investment opportunities span a total of 3,500 square feet of properties for sale, with an estimated market value of $349,000.

Sale prices for residential income properties in Onekama, MI average $349,000 — 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

Multifamily properties 1
Short term rental properties 1
Single family properties 1

Demographics Overview

Population 894
Population Growth (5Y) -13.1%
Median Household Income $68,750
College Educated 59.3%

Taxes & Financing

Tax Rate (average for all types) 3.99%
Tax Rate vs County Average 0.18 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Manistee County

New Delisted

Total CRE Inventory on Market (SF)

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