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    Ontonagon, MI
    Retail

    Ontonagon, MI Retail Space for Sale

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    Greenland, MI Rockland, MI Ewen, MI White Pine, MI Mass City, MI
    Historic Mixed-Use Building with Storefronts
    Updated: Nov 3, 2023
    Historic Mixed-Use Building with Storefronts

    425 River Street, Ontonagon, MI 49953

    $131,000
    9,800 sqft 0.12 AC lot
    9,800 square feet of mixed‑use building area
    Commercial zoning with main‑level storefront space
    Three current occupants: flower shop, gift shop, and contractor’s office
    Vacant upper floor available for additional use
    Built in 1904 with a documented history as a livery stable, feed and seed store, bowling alley, and bar
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    1 active listing matches your search: Retail for sale in Ontonagon, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Commercial Kitchen with Bakery Equipment
    Commercial Kitchen with Bakery Equipment

    230 E Aurora Street, Ironwood, MI 49938

    $189,000
    1,600 sqft 0.13 AC lot

    Updated brick commercial kitchen with bakery equipment, prep areas, retail seating, storage, and delivery access.

    View details
    Mixed-Use Building with Salon Space
    Mixed-Use Building with Salon Space

    409 Lake Linden Avenue, Laurium, MI 49913

    $159,900
    1,312 sqft

    Commercial space and a two-bedroom apartment occupy separate levels, with an additional area partly finished.

    View details
    Shopping Center with Multiple Structures
    Shopping Center with Multiple Structures

    629 W Cloverland Drive, Ironwood, MI 49938

    Contact for pricing
    20,975 sqft 4.30 AC lot

    Includes three-phase power, HVAC cooling, concrete floors, and security lighting.

    View details
    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    409 Lake Linden, Laurium, MI 49913

    $179,900

    A separate, partially finished area offers additional space alongside the street-level business and upstairs residence.

    View details

    Ontonagon, MI Retail Space Market Trends and Statistics

    Explore 1 retail space for sale in Ontonagon, MI on our real estate platform. These investment opportunities span a total of 9,800 square feet of properties for sale, with an estimated market value of $131,000.

    Sale prices for retail space in Ontonagon, MI average $131,000 — 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 1

    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 $131K

    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%

    Listings Trend

    New vs delisted commercial listings in Ontonagon County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Retail pricing trends in Ontonagon County

    Retail

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Ontonagon, MI

    • 49953

    Featured Ontonagon Real Estate Agencies

    Realmo connects you with licensed Ontonagon CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    DOMITROVICH REALTY, INC
    234 RIVER ST., PO Box 127 Ontonagon, MI
    Phone: (906) 884-2801
    WWW.DOMITROVICHREALTY.COM
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