Specialty

Munising, MI Specialty Properties for Sale

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Shingleton, MI Au Train, MI Wetmore, MI Manistique, MI Deerton, MI Trenary, MI Marquette, MI Skandia, MI
Remodeled Commercial Building
Updated: Dec 3, 2025
Remodeled Commercial Building

408 Mill Street, Munising, MI 49862

$325,000
4,763 sqft 0.02 AC lot
Recently remodeled in 2021 with a 2600 sq. ft. addition, totaling over 4700 sq. ft.
Prime location: 3 blocks from downtown Munising, just off M‑28 on Mill St.
Commercial zoning allows for multiple uses.
Great visibility and ample parking.
Includes central air and forced air heating.
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Remodeled Retail Building with Addition
Updated: Dec 3, 2025
Remodeled Retail Building with Addition

408 Mill Street, Munising, MI 49862

$325,000
4,763 sqft
Remodeled commercial property with a 2021 addition totaling 4,700+ sq. ft. overall (includes 2,600 sq. ft. new addition)
Commercial zoning allows for multiple uses
Only 3 blocks from the center of downtown Munising
Located just off M‑28 on Mill St.
Ample on‑site parking
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Munising, 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.

Mixed-Use Landmark with Banquet Hall
Mixed-Use Landmark with Banquet Hall

S 203 S Front Street Unit SourceFi, Marquette, MI 49855

$2,900,000
46,101 sqft

Mixed-use building with retail storefronts, office suites, and a reception hall for about 200 guests.

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Resort Lodge for Events
Resort Lodge for Events

8928 N Boot Lake Road, Manistique, MI 49854

$650,000
3,456 sqft 1.77 AC lot

Timberwolf Lodge is a built-to-operate northwoods resort with patio space, wheelchair ramp access, and lodging for up to 18 guests.

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Historic Storefront with Full Basement
Historic Storefront with Full Basement

239 S Cedar Street, Manistique, MI 49854

$240,000
6,200 sqft

Flexible retail space includes front and rear entrances, an open sales floor, and convenient public parking nearby.

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Church Facility with Lake Views
Church Facility with Lake Views

143 FISHER ST, Marquette, MI 49855

$2,250,000
23,975 sqft

Main-floor improvements include offices, classrooms, recreation areas, and banquet rooms within a flexible commercial building.

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Munising, MI Specialty Properties Market Trends and Statistics

Explore 2 specialty properties for sale in Munising, MI on our real estate platform. These investment opportunities span a total of 9,526 square feet of properties for sale, with an estimated market value of $650,000.

Sale prices for properties in Munising, MI average $325,000 — 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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Demographics Overview

Population 4,532
Population Growth (5Y) -12.1%
Median Household Income $59,575
College Educated 25.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49862 $325K

Taxes & Financing

Tax Rate (average for all types) 1.84%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Alger County

New Delisted

Total CRE Inventory on Market (SF)

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