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    Munising, MI
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    Munising, MI Retail Properties & Spaces for Sale

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    Shingleton, MI Au Train, MI Chatham, MI Manistique, MI Deerton, MI Trenary, MI Wetmore, MI Marquette, MI
    Corner Lot Mixed-Use Building
    Updated: Jul 6
    Corner Lot Mixed-Use Building

    230 W Superior Street, Munising, MI 49862

    $225,000
    3,200 sqft 0.16 AC lot
    Commercial building on a corner lot in downtown Munising, located a couple blocks from the main hub
    Off‑street parking and a street‑level area currently vacant and ready for a business venture
    Includes two 2‑bedroom, 1‑bath upper‑level apartments
    Additional space includes a basement, attached 1‑car garage, and storage area
    Alley borders the rear of the site
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    Tourist Attraction with Waterfalls
    Updated: Jan 28, 2025
    Tourist Attraction with Waterfalls

    602 Bell Avenue, Munising, MI 49862

    $6,900,000
    2,714 sqft 79.00 AC lot
    79‑acre property with privately owned Horseshoe Falls on site
    Natural spring‑fed waterfalls plus over 1/2 mile of woodland paths and a botanical garden
    Includes a trout pond stocked with 200–300 large rainbow trout
    Gift shop on property, plus attached 2‑bedroom, 1.5‑bath living quarters
    Detached 28' x 40' garage and fenced yard with deck/patio
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    Remodeled Retail Building with Addition
    Remodeled Retail Building with Addition

    408 Mill Street, Munising, MI 49862

    $325,000
    4,763 sqft

    Remodeled retail property with a 2021 addition, providing flexible space under commercial zoning near downtown Munising.

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    Highway M-28 Commercial Property
    Highway M-28 Commercial Property

    601 West Munising Avenue, Munising, MI 49862

    $382,102
    2,411 sqft

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

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    Tourist Attraction Recreation Land
    Tourist Attraction Recreation Land

    602 Bell Avenue, Munising, MI 49862

    $7,500,000
    2,714 sqft 79.00 AC lot

    Privately owned recreational property with spring-fed Horseshoe Falls, woodland paths, botanical gardens, gift shop, and trout pond.

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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.

    One-Story Office and Retail Building
    One-Story Office and Retail Building

    407 First Street, Gwinn, MI 49841

    $199,000
    9,562 sqft 1.16 AC lot

    One-story commercial building with office or retail space and more than 25 parking spots, sold as-is.

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    Remodeled Retail Storefront and Lot
    Remodeled Retail Storefront and Lot

    321 Deer Street, Manistique, MI 49854

    $65,000
    1,500 sqft 0.17 AC lot

    Remodeled storefront with a 18x40 showroom, central air, and a vacant rear lot included in the sale.

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    Former Grocery and Gas Retail Site
    Former Grocery and Gas Retail Site

    1673 E M-35 Highway, Gwinn, MI 49841

    $145,000
    3,417 sqft 0.24 AC lot

    Convenience store property with former fuel service and additional space for new retail, deli, or service concepts.

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    Commercial Building with Showroom Space
    Commercial Building with Showroom Space

    226 Deer Street, Manistique, MI 49854

    $269,000
    9,000 sqft 0.48 AC lot

    Large commercial building features a mostly open main-level showroom area plus office, shipping, and receiving space.

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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.

    Downtown Manistique Corner Commercial Lot
    Downtown Manistique Corner Commercial Lot

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

    $50,000
    0.30 AC lot

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

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    Riverfront Development Land
    Riverfront Development Land

    8112 M-77, Germfask, MI 49836

    $64,900
    1.56 AC lot

    Vacant land with 250 feet of Manistique River frontage and access to city water in Germfask, MI.

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    Prime Land in Rapid River
    Prime Land in Rapid River

    7683 US2 Highway, Rapid River, MI 49878

    $49,900
    1.97 AC lot

    Commercial land with high traffic exposure in Rapid River, MI.

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    Paved Downtown Parking Lot
    Paved Downtown Parking Lot

    Arbutus St, Manistique, MI 49854

    $399,000
    1.40 AC lot

    Paved lot with a small rental building and detached garage in a commercial downtown district.

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    Munising, MI Retail Properties & Spaces Market Trends and Statistics

    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 15,802 square feet of properties for sale, with an estimated market value of $15,332,102.

    Sale prices for stores in Munising, MI start at $225,000, averaging $3,066,420, and reaching up to $7,500,000 — 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 3

    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)

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