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    Wolverine, MI
    Retail

    Wolverine, MI Retail Space for Sale

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    Wolverine Lake, MI Indian River, MI Vanderbilt, MI Boyne Falls, MI Afton, MI Alanson, MI Petoskey, MI Elmira, MI
    Five-Unit Retail Building
    Updated: Jul 1, 2025
    Five-Unit Retail Building

    12909 S Straits Highway, Wolverine, MI 49799

    $574,000
    0.60 AC lot
    Four street‑level units plus a one‑bedroom apartment above in a five‑unit retail/commercial building
    Described as fully occupied with established rental history
    0.6‑acre site with commercial zoning
    Parking lot on site and positioned at a highly visible intersection in downtown Wolverine
    Rear‑side aggregate patio suitable for outdoor customer seating
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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 Wolverine, 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.

    Retail and Office Building with Parking
    Retail and Office Building with Parking

    321 E Lake Street, Petoskey, MI 49770

    $1,850,000
    7,958 sqft

    Street-level retail and second-floor office suites with eight dedicated rear parking spaces.

    View details
    Corner Lot ADA-Compliant Retail Space
    Corner Lot ADA-Compliant Retail Space

    201 E Main Street, Gaylord, MI 49735

    $359,900
    4,904 sqft 0.46 AC lot

    C-2 zoned corner lot retail with ADA ramp access, street and rear parking, and M-32 frontage.

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    Corner-Lot Retail Space
    Corner-Lot Retail Space

    201 E Main Street, Gaylord, MI 49735

    $229,900
    2,262 sqft

    C-2 zoned, ADA compliant retail corner lot with M-32 frontage, street and rear parking.

    View details
    Tractor Supply-Leased Retail Store
    Tractor Supply-Leased Retail Store

    2201 N US Hwy 31, Petoskey, MI 49770

    Contact for pricing
    19,532 sqft

    Retail storefront on US-31 leased to Tractor Supply Company, operated at the site since 2011.

    View details

    Wolverine, MI Retail Space Market Trends and Statistics

    Explore 1 retail space for sale in Wolverine, MI on our real estate platform.

    Sale prices for retail space in Wolverine, MI average $574,000 — 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 2,238
    Population Growth (5Y) +4.3%
    Median Household Income $51,029
    College Educated 19.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49799 $574K

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cheboygan County

    New Delisted

    Total CRE Inventory on Market (SF)

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