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    Ontonagon, MI
    Retail

    Ontonagon, MI Retail Space for Sale

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    Greenland, MI Rockland, MI Carp Lake, MI Mass City, MI White Pine, MI Toivola, MI Ewen, MI Nisula, 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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ontonagon, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Log-Front Storefront Property
    Log-Front Storefront Property

    5079 HWY 51, Mercer, WI 54547

    $779,000
    1.66 AC lot

    Established furniture and mattress retail operation with highway exposure, public utilities, and delivery-friendly site circulation.

    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.

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    Turn-Key Furniture Store on Highway
    Turn-Key Furniture Store on Highway

    5079N Hwy 51, Mercer, WI 54547

    Contact for pricing
    4,000 sqft 1.66 AC lot

    Established furniture store with highway frontage and expansion potential.

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    Storefront Building with Display Rooms
    Storefront Building with Display Rooms

    318 N Lake Street, Ironwood, MI 49938

    $69,900
    3,264 sqft 0.23 AC lot

    Commercially zoned building offers multiple interior areas, parking, and proximity to US Hwy 2 and regional trail systems.

    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%

    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)

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