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    Munising, MI Retail Space for Sale

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    Remodeled Commercial Property in Munising
    Updated: Dec 3, 2025
    Remodeled Commercial Property in Munising

    408 Mill Street, Munising, MI 49862

    $325,000
    4,763 sqft · 0.02 AC lot
    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.
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    Versatile Commercial Building in Munising
    Updated: Dec 17, 2025
    Versatile Commercial Building in Munising

    Munising, MI 49862

    $399,000
    4,800 sqft · 0.16 AC lot
    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.
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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Munising, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Downtown Manistique Commercial Building For Sale
    Downtown Manistique Commercial Building For Sale

    239 S Cedar Street, Manistique, MI 49854

    $240,000
    6,200 sqft · 0.15 AC lot

    Turnkey business opportunity in a high-visibility downtown location.

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    Flower Shop Retail Building
    Flower Shop Retail Building

    176 River Street, Manistique, MI 49854

    $199,900
    1,200 sqft · 0.04 AC lot

    Well-maintained storefront includes a walk-in floral cooler, office, storage, and a spacious checkout area for retail operations.

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    Marquette Commercial Investment Opportunity
    Marquette Commercial Investment Opportunity

    1021 W Washington St, Marquette, MI 49855

    $1,100,000
    6,000 sqft

    Well-maintained, fully leased commercial property in a desirable location.

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    Multi-Tenant Commercial Building For Sale
    Multi-Tenant Commercial Building For Sale

    3060 US-41, Marquette, MI 49855

    $3,392,000
    30,660 sqft

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

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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.

    Prime PUD-Zoned Land Opportunity
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft · 2.07 AC lot

    2.07 acres of PUD-zoned land in a growing corridor.

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    Munising, MI Retail Space Market Trends and Statistics

    Explore 3 retail space for sale in Munising, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,974 square feet of properties for sale, with an estimated market value of $1,106,102.

    Sale prices for retail space in Munising, MI start at $325,000, averaging $368,700, and reaching up to $399,000 — 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 $368.7K

    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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