Retail

Wolverine, MI Retail Space for Sale

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Wolverine Lake, MI Vanderbilt, MI Boyne Falls, MI Indian River, MI Mancelona, MI Alanson, MI Petoskey, MI Afton, MI
Five-Unit Mixed-Use Property
Updated: Jul 1, 2025
Five-Unit Mixed-Use Property

12909 S Straits Highway, Wolverine, MI 49799

$574,000
0.60 AC lot
Five‑unit configuration with four street‑level commercial units and a one‑bedroom apartment
Updated interior and exterior with professional landscaping
Rear aggregate patio for outdoor seating or customer use
0.6‑acre Commercial‑zoned site
Parking lot included
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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.

Downtown Storefront Property
Downtown Storefront Property

125 E Main Street, Gaylord, MI 49735

$190,000
2,410 sqft 0.03 AC lot

B-1-zoned commercial building with showroom, office space, and a partially finished basement.

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Flex Space with Showroom
Flex Space with Showroom

4735 S Straits Highway, Indian River, MI 49749

$210,000
2,430 sqft

Commercially zoned property with warehouse, storage, offices, and customer-facing display area.

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Corner Retail Space
Corner Retail Space

201 E Main Street, Gaylord, MI 49735

$229,900
2,262 sqft

ADA-compliant commercial space with C-2 zoning, municipal utilities, and parking options in downtown Gaylord.

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Storefront Property with Ice Cream Business
Storefront Property with Ice Cream Business

3676 S Straits Highway, Indian River, MI 49749

$885,000
2,500 sqft

Commercially zoned storefront operating as a confectionery and ice cream business in downtown Indian River.

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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

Showrooms 1
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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