Retail

Homer, MI Retail Properties & Spaces for Sale

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Caspian, MI Gaastra, MI Crystal Falls, MI Long Lake, WI Amasa, MI Florence, WI Phelps, WI
Found 8 retail property listings for sale in Homer, MI, averaging $31/sq ft. Use valuation data to compare deals faster.
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Retail Building with Basement
Updated: Sep 18
Retail Building with Basement

128 W Genesee Street, Iron River, MI 49935

$230,000
5,251 sqft 0.16 AC lot
Large basement for storage, equipment, or workspace
400‑amp electrical service
Newer furnace, air‑conditioning system, roof, and steel exterior
Central air and forced‑air heating
Commercial zoning with public water
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Storefront Property with Showroom
Updated: Mar 30
Storefront Property with Showroom

32 N 4th Avenue, Iron River, MI 49935

$249,900
11,680 sqft 0.77 AC lot
11,680‑square‑foot commercial building on 0.77 acres
Approximately 5,000 square feet of showroom and office space
36‑by‑48‑foot addition designated for storage
Frontage on M189 in Iron River, MI
Commercial zoning with public water service
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Gutted Retail Building
Gutted Retail Building

4159 W US2 Highway, Iron River, MI 49935

$115,500
4,640 sqft 2.53 AC lot

The cleared interior offers flexibility for a new retail layout.

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128 W. Genesee St, Iron River, MI
128 W. Genesee St, Iron River, MI

128 W Genesee St, Iron River, MI 49935

$230,000
5,251 sqft 0.16 AC lot

Commercially zoned property with adaptable retail space, on-site parking, and updated building systems.

View details
32 N. 4th Ave., Iron River, MI
32 N. 4th Ave., Iron River, MI

32 N 4Th Ave, Iron River, MI 49935

$249,900
11,680 sqft 0.77 AC lot

Commercial storefront on .77 acre with high-visibility frontage.

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Storefront with Showroom Space
Storefront with Showroom Space

32 N 4th, Iron River, MI 49935

$249,900
0.77 AC lot

Commercial-zoned property includes office, storage, and basement areas, with frontage on M189.

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Showroom Building with Storage Addition
Showroom Building with Storage Addition

Iron River, MI 49935

$449,900

Commercial property combines customer-facing display space with office and storage areas.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

122 E Main, Homer, MI

$95,000

An open commercial floor is paired with a renovated residence on the upper level.

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8 active listings match your search: Retail for sale in Homer, MI. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Mixed-Use Property with Storage
Mixed-Use Property with Storage

2192 HWY 17, Phelps, WI 54554

$529,900
1.46 AC lot

A combination of storage, wash services, laundry facilities, and a one-bedroom apartment occupies a single property.

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Remodeled Conventional Restaurant with Bar
Remodeled Conventional Restaurant with Bar

329 Superior Avenue, Crystal Falls, MI 49920

$129,900
2,000 sqft 0.09 AC lot

Includes a Class C liquor license, commercial kitchen equipment, and flexible second-floor space.

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Mixed-Use Property with Car Wash
Mixed-Use Property with Car Wash

2192 A HWY 17, Phelps, WI 54554

$239,900
0.47 AC lot

The site combines vehicle and dog washing facilities, a laundromat, and an attached one-bedroom apartment.

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Historic Retail Space with Loft
Historic Retail Space with Loft

308/312 Superior, Crystal Falls, MI 49920

$165,000

Two adjoining buildings provide retail, upper-level, and walkout lower-level space, with an unfinished loft for additional flexibility.

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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.

Commercial Land with Highway Access
Commercial Land with Highway Access

4365 WALL ST, Eagle River, WI 54521

$379,900
7.36 AC lot

Commercial parcel with frontage on Highway 45 and Wall Street access near Eagle River.

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Homer, MI Retail Properties & Spaces Market Trends and Statistics

Explore 8 retail properties & spaces for sale in Homer, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 38,502 square feet of properties for sale, with an estimated market value of $1,870,100.

Sale prices for stores in Homer, MI start at $95,000, averaging $233,762, and reaching up to $449,900 — 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

Storefront properties 2

Demographics Overview

Population 4,472
Population Growth (5Y) -6.5%
Median Household Income $59,460
College Educated 13.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49245 $95K

Taxes & Financing

Tax Rate (average for all types) 2.46%
Property Tax per SF $51.41 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Iron County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Retail pricing trends in Iron County

Retail

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