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

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    Greenland, MI Rockland, MI White Pine, MI
    Downtown Ontonagon Commercial Building
    $469,000
    5,000 SF
    Downtown Ontonagon Commercial Building

    429 River Street, Ontonagon, MI 49953

    Newer construction, 5,000 SF commercial building in downtown Ontonagon.
    • Newer construction built in 2000
    • 5,000 square foot building with two separated office spaces
    • Large banquet room with open floor and tall ceilings, suitable for events
    • One office space is currently leased by Michigan Works, providing immediate rental income
    • Features natural gas heat and central air conditioning
    Updated: Jul 17, 2025
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    Mixed-Use Property in Downtown Ontonagon
    $399,000
    14,750 SF
    Mixed-Use Property in Downtown Ontonagon

    900 River Street, Ontonagon, MI 49953

    Move-in ready apartment with retail space in downtown location.
    • Move‑in ready 2800 sq ft apartment with 3+ bedrooms and 2 full baths.
    • 14 potential retail spaces and 3 baths on the lower level.
    • Convenient downtown location.
    • Plenty of parking.
    • Adjacent to the Ontonagon River.
    Updated: Feb 18
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    Ontonagon Commercial Building Opportunity
    $131,000
    9,800 SF
    Ontonagon Commercial Building Opportunity

    9800 sq ft commercial building in Ontonagon, Michigan.

    425 River Street, Ontonagon, MI 49953

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    Ontonagon Mixed-Use Development Opportunity
    $134,000
    9,800 SF
    Ontonagon Mixed-Use Development Opportunity

    9800 sq ft mixed-use property in Ontonagon's business district.

    425 River, Ontonagon, MI 49953

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Ontonagon, 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 Building with Apartment
    $44,900
    2,756 SF
    Commercial Building with Apartment

    2,756 sq ft commercial building with upstairs apartment.

    100 Bonnie Street, Ironwood, MI 49938

    View details
    Single-Story Retail Building
    $69,000
    1,300 SF
    Single-Story Retail Building

    Single-level retail building with open layout, highway frontage, ample parking, and recent updates for immediate occupancy.

    20143 HWY M28, Ewen, MI 49925

    View details
    COMMERCIAL - Ironwood, MI
    $44,900
    2,756 SF
    COMMERCIAL - Ironwood, MI

    2,756 sq ft commercial building with upstairs apartment.

    100 Bonnie St, Ironwood, MI 49938

    View details
    Ewen Commercial Building on Main
    $40,000
    500 SF
    Ewen Commercial Building on Main

    Commercial building on Main Street in Ewen, Michigan.

    203 S Cedar, Ewen, MI 49925

    View details

    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.

    Houghton Land Development Opportunity
    $499,900
    75.95 Acres
    Houghton Land Development Opportunity

    75+ acres of prime land in Houghton, Michigan.

    Cedar Street, Houghton, MI 49931

    View details
    Eagle River Commercial Property For Sale
    $349,900
    1.32 Acres
    Eagle River Commercial Property For Sale

    Highly visible commercial property on 1.32 acres in Eagle River.

    1200 SUNDSTEIN RD, Eagle River, WI 54521

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    Eagle River Commercial Land Parcel
    $379,900
    7.36 Acres
    Eagle River Commercial Land Parcel

    7.36 acre commercial land with highway frontage in Eagle River.

    4365 WALL ST, Eagle River, WI 54521

    View details
    Eagle River Vacant Land Parcel
    $449,500
    4.80 Acres
    Eagle River Vacant Land Parcel

    4.8-acre vacant land in Eagle River, Wisconsin's Northwoods.

    4301 HWY 70, Eagle River, WI 54521

    View details

    Ontonagon, MI Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 4 retail properties & spaces for sale in Ontonagon, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 39,350 square feet of properties for sale, with an estimated market value of $1,133,000.

    Sale prices for stores in Ontonagon, MI start at $131,000, averaging $283,250, and reaching up to $469,000 — 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 2,261
    Population Growth (5Y) -10.2%
    Median Household Income $55,647
    College Educated 25.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49953 $283.3K

    Taxes & Financing

    Tax Rate (average for all types) 4.14%
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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