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    Munising, MI Retail Properties & Spaces for Sale

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    Au Train, MI Manistique, MI Chatham, MI
    Remodeled Commercial Property in Munising
    $325,000
    4,763 SF
    Remodeled Commercial Property in Munising

    408 Mill Street, Munising, MI 49862

    Remodeled commercial property with ample parking near downtown Munising.
    • Recently remodeled in 2021 with a 2600 sq. ft. addition, totaling over 4700 sq. ft.
    • Prime location: 3 blocks from downtown Munising, just off M‑28 on Mill St.
    • Commercial zoning allows for multiple uses.
    • Great visibility and ample parking.
    • Includes central air and forced air heating.
    Updated: Dec 3, 2025
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    Versatile Commercial Building in Munising
    $399,000
    4,800 SF
    Versatile Commercial Building in Munising

    Munising, MI 49862

    Adaptable commercial building with potential for mixed-use opportunities.
    • Lower level 1‑2 bedroom apartment offers potential for owner occupancy, employee housing, or rental income.
    • Functional main‑level layout with multiple private rooms, spacious waiting area, and existing plumbing, suitable for various service‑based businesses.
    • Ample parking in the rear with convenient alley access.
    • Strong street visibility on E Superior Street.
    • Adaptable interior configuration allows for a wide range of commercial or mixed‑use opportunities.
    Updated: Dec 17, 2025
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    Unique Tourist Attraction with Waterfalls
    $6,900,000
    2,714 SF
    Unique Tourist Attraction with Waterfalls

    Established tourist attraction featuring waterfalls, gardens, and retail space.

    602 Bell Avenue, Munising, MI 49862

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    Highway M-28 Commercial Property
    $382,102
    2,411 SF
    Highway M-28 Commercial Property

    Versatile commercial building on Highway M-28 in Munising, Michigan.

    601 West Munising Avenue, Munising, MI 49862

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    Unique Tourist Attraction with Waterfalls
    $6,900,000
    2,714 SF
    Unique Tourist Attraction with Waterfalls

    Established tourist attraction featuring waterfalls, gardens, and gift shop.

    602 Bell, Munising, MI 49862

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Munising, 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.

    Commercial Property on M28 Highway
    $295,000
    6,954 SF
    Commercial Property on M28 Highway

    Commercial property with rental income and business opportunities on M28.

    1523 W M28 Highway, Seney, MI 49883

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    Multi-Tenant Commercial Building For Sale
    $3,392,000
    30,660 SF
    Multi-Tenant Commercial Building For Sale

    30,660 SF multi-tenant commercial building in Marquette Township.

    3060 US-41, Marquette, MI 49855

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    Commercial Property on M28 Highway
    $295,000
    6,954 SF
    Commercial Property on M28 Highway

    Commercial property with rental income and business opportunities on M28.

    1523 W M28, Seney, MI 49883

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    Land Available For Sale
    Contact for pricing
    Land Available For Sale

    Land available for sale at US-41 & Brickyard Rd.

    US-41 & Brickyard Rd, Marquette, MI 49855

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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.

    City Block Land in Au Train
    $100,000
    2.10 Acres
    City Block Land in Au Train

    Large wooded parcel near Lake Superior with development potential.

    3/4 BLOCK 25 N Oak Street, Au Train, MI 49806

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    Buildable Land in Au Train
    $160,000
    2.85 Acres
    Buildable Land in Au Train

    16 wooded lots in Au Train, near Lake Superior.

    TBD BLOCK 23 Grove Street, Au Train, MI 49806

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    Downtown Manistique Corner Commercial Lot
    $50,000
    0.30 Acres
    Downtown Manistique Corner Commercial Lot

    High-traffic corner lot in downtown Manistique, zoned for general business.

    TBD Deer ST. N Deer Street Road, Manistique, MI 49854

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    Riverfront Land Parcel
    $79,900
    1.56 Acres
    Riverfront Land Parcel

    Vacant land with long Manistique River frontage and city water available for a home site or water-access business.

    8112 M-77, Germfask, MI 49836

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    Munising, MI Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 5 retail properties & spaces for sale in Munising, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 17,402 square feet of properties for sale, with an estimated market value of $14,906,102.

    Sale prices for stores in Munising, MI start at $325,000, averaging $2,981,220, and reaching up to $6,900,000 — 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

    Storefront properties 2

    Demographics Overview

    Population 4,532
    Population Growth (5Y) -12.1%
    Median Household Income $59,575
    College Educated 25.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49862 $3M

    Taxes & Financing

    Tax Rate (average for all types) 1.84%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Alger County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Alger County

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