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Wakefield, MI

Retail

Wakefield, MI Retail Properties & Spaces for Sale

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Bessemer, MI Ramsay, MI Ironwood, MI Hurley, WI Mercer, WI Marenisco, MI Winchester, WI Montreal, WI

Automotive Repair Shop Building

Updated: Sep 18, 2025

Automotive Repair Shop Building

714 Sunday Lake Street, Wakefield, MI 49968

$115,000

1,800 sqft 1.50 AC lot

Former mechanic shop setup with 2 bays and 10‑ft doors
Includes office space with a bathroom off the office and a storage room on the south side of the building
Newer roof plus rebuilt furnace and newer hot water heater
Updated electrical in bay 2
1.5‑acre flat lot with lots of parking on a high‑traffic road

Turn-Key Coffeehouse and Restaurant

Updated: Apr 11

Turn-Key Coffeehouse and Restaurant

1010 US HWY 2 E, Wakefield, MI 49968

Contact for pricing

4,000 sqft

Northwoods General Store and Coffeehouse established in Wakefield, MI for 18 years
4,000 SF lower level business operation includes inventory, machines, shelving, and newer appliances
Upper level offers an immaculate 3‑bedroom, 1‑bath residence with original hardwood flooring and a gas fireplace
Upper unit includes an office and a 50 x 17 family room
Property updates include LED lights throughout and a brand‑new generator

See what stands out in Gogebic County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 2 Active listings in Wakefield, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Five-Unit Strip Mall

Five-Unit Strip Mall

216 Roosevelt Street, Ironwood, MI 49938

$410,000

6,720 sqft 1.28 AC lot

Commercially zoned property with four leased units, a future vacancy, private parking, and access from multiple curb cuts.

Industrial Property with Bulk Plant

Industrial Property with Bulk Plant

605 E Lead Street, Bessemer, MI 49911

$850,000

9,700 sqft 3.60 AC lot

Fuel distribution facility with warehouse, repair shop, office space, and service-station separation potential.

Industrial Warehouse and Shop

Industrial Warehouse and Shop

605 E Lead Street, Bessemer, MI 49911

$475,000

9,700 sqft 3.66 AC lot

Insulated, heated commercial facility with bulk fuel storage, truck-service capacity, and an office repair area.

COMMERCIAL - Ironwood, MI

COMMERCIAL - Ironwood, MI

100 Bonnie St, Ironwood, MI 49938

$44,900

2,756 sqft 0.10 AC lot

2,756 sq ft commercial building with upstairs apartment.

Off-Market Properties in Wakefield, MI

Consider similar Off-Market properties in Wakefield, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Us 2nd 2

GROCERY, SUPERMARKET

Us 2nd 2, Wakefield, MI 49968

$285,000

Estimated value

6,400 sqft 0.76 AC lot

401 Sunday Lk St

BAR, TAVERN

401 Sunday Lk St, Wakefield, MI 49968-1308

$295,000

Estimated value

3,120 sqft 0.11 AC lot

404 Sunday Lk St

RETAIL STORES (PERSONAL SERVICES)

404 Sunday Lk St, Wakefield, MI 49968-1338

$55,000

Estimated value

2,660 sqft 0.17 AC lot

Us 2nd 2

AUTO REPAIR, GARAGE

Us 2nd 2, Wakefield, MI 49968

$495,000

Estimated value

4,008 sqft 1.34 AC lot

775 County Rd 519

AUTO REPAIR, GARAGE

775 County Rd 519, Wakefield, MI 49968

$305,000

Estimated value

4,320 sqft 16.64 AC lot

714 Sunday Lk St

AUTO REPAIR, GARAGE

714 Sunday Lk St, Wakefield, MI 49968-1344

$195,000

Estimated value

1,980 sqft 1.49 AC lot

1 Us Hwy 2nd 2

TRUCK STOP (FUEL AND DINER)

1 Us Hwy 2nd 2, Wakefield, MI 49968

$295,000

Estimated value

1,556 sqft 1.03 AC lot

Wakefield, MI 49968

AUTO REPAIR, GARAGE

Wakefield, MI 49968

$435,000

Estimated value

3,000 sqft 1.84 AC lot

100 Commercial Ln

AUTO REPAIR, GARAGE

100 Commercial Ln, Wakefield, MI 49968-9701

$205,000

Estimated value

1,200 sqft 1.12 AC lot

219 County Rd 519

AUTO REPAIR, GARAGE

219 County Rd 519, Wakefield, MI 49968-9580

$290,000

Estimated value

1,568 sqft 1.00 AC lot

111 Commercial Ln

AUTO REPAIR, GARAGE

111 Commercial Ln, Wakefield, MI 49968-9722

$290,000

Estimated value

6,800 sqft 30.40 AC lot

505 Sunday Lk St

RESTAURANT

505 Sunday Lk St, Wakefield, MI 49968-1339

$195,000

Estimated value

1,992 sqft 0.26 AC lot

501 Sunday Lk St

RETAIL STORES (PERSONAL SERVICES)

501 Sunday Lk St, Wakefield, MI 49968-1339

$305,000

Estimated value

4,850 sqft 0.15 AC lot

408 Sunday Lk St

DRUG STORE, PHARMACY

408 Sunday Lk St, Wakefield, MI 49968-1338

$265,000

Estimated value

1,680 sqft 0.10 AC lot

Us Hwy 2nd 2

WHOLESALE OUTLET, DISCOUNT STORE

Us Hwy 2nd 2, Wakefield, MI 49968

$445,000

Estimated value

9,275 sqft 1.07 AC lot

Wakefield, MI 49968

AUTO REPAIR, GARAGE

Wakefield, MI 49968

$275,000

Estimated value

6,000 sqft 80.00 AC lot

601 Lead St

AUTO REPAIR, GARAGE

601 Lead St, Wakefield, MI 49968

$290,000

Estimated value

2,400 sqft 0.28 AC lot

Wakefield, MI Retail Properties & Spaces Market Trends and Statistics

Explore 19 retail properties & spaces for sale in Wakefield, MI on our real estate platform. These investment opportunities span a total of 5,800 square feet of properties for sale, with an estimated market value of $115,000.

Sale prices for stores in Wakefield, MI average $115,000 — 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

Demographics Overview

Population 2,305

Population Growth (5Y) +19.5%

Median Household Income $51,607

College Educated 23.3%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
49968	$115K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gogebic County

New Delisted

Total CRE Inventory on Market (SF)

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