Homer, MI
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    Homer, MI Single Family Properties for Sale

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    Caspian, MI Crystal Falls, MI Long Lake, WI
    Turnkey Restaurant & Bar Opportunity
    $299,000
    2,923 SF
    Turnkey Restaurant & Bar Opportunity

    130 Washington Avenue, Iron River, MI 49935

    Ready-to-operate restaurant and bar with living quarters in Iron River.
    • Turnkey restaurant and bar with a Michigan liquor license and fully remodeled commercial kitchen, ready for immediate operation.
    • Includes a separate 4‑bedroom residence, offering live/work flexibility, rental income potential, or Airbnb opportunity.
    • Extensive recent upgrades, including new plumbing, updated electrical, new forced‑air heating, newer roof (2018), and new concrete flooring.
    • Complete lineup of commercial equipment included (stove, fryers, coolers, POS system, etc.), minimizing startup costs.
    • Prime location in the heart of Iron County, near popular snowmobile and outdoor recreation trails, ensuring built‑in customer traffic.
    Updated: Jan 12
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    Riverfront Land with Single-Story Home
    $259,900
    3.10 Acres
    Riverfront Land with Single-Story Home

    5545 25 1/2 Mile Road, Homer, MI 49245

    Riverfront acreage with Kalamazoo River frontage, a small dock, and a single-story 1-bed home plus storage outbuildings.
    • Approximately 3.1 acres across two parcels (Village of Homer and Homer Township) with over 450 ft of Kalamazoo River frontage
    • Small dock recently rebuilt for river access and outdoor recreation
    • Single‑story home with nearly 1,000 sq ft, 1 bedroom and 1 full bath
    • Roof replaced in 2021; kitchen updated within the past 8 years; brand‑new bathroom completed in 2026
    • Outbuildings include a clean pole building for kayaks/canoes/equipment and a detached two‑car garage
    Updated: Jun 17
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Homer, 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.

    Versatile Mixed-Use Property on M-22
    $349,000
    3,500 SF
    Versatile Mixed-Use Property on M-22

    Mixed-use property with commercial storefront and residential space on M-22.

    4990 Main Street, Onekama, MI 49675

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    Waterfront Recreational Land
    $399,000
    44.46 Acres
    Waterfront Recreational Land

    Recreational land with over a half-mile of Big South Branch Pere Marquette River frontage and existing cabin improvements.

    3804 E Wilson Road, Custer, MI 49405

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    Muskegon Investment Opportunity
    $299,900
    860 SF
    Muskegon Investment Opportunity

    Four residential properties with rental history in Muskegon, Michigan.

    358 E Columbia Avenue, Muskegon, MI 49444

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    Muskegon Investment Opportunity
    $299,900
    640 SF
    Muskegon Investment Opportunity

    Four residential properties with rental history in Muskegon, Michigan.

    3237 Highland Street, Muskegon, MI 49444

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    Homer, MI Single Family Properties Market Trends and Statistics

    Explore 2 single family properties for sale in Homer, MI on our real estate platform. These investment opportunities span a total of 2,923 square feet of properties for sale, with an estimated market value of $299,000.

    Sale prices for single family properties in Homer, MI start at $299,000, averaging $299,000, and reaching up to $299,000 — 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

    Duplexes 4
    Multifamily properties 4
    Single family properties 1

    Demographics Overview

    Population 4,472
    Population Growth (5Y) -6.5%
    Median Household Income $59,460
    College Educated 13.9%

    Taxes & Financing

    Tax Rate (average for all types) 2.46%
    Property Tax per SF $51.41 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Iron County

    New Delisted

    Total CRE Inventory on Market (SF)

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