Specialty

Munising, MI Specialty Properties for Sale

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Shingleton, MI Au Train, MI Wetmore, MI Chatham, MI Manistique, MI Deerton, MI Trenary, MI Eben Junction, MI
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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

Partially Remodeled Mixed-Use Property
Partially Remodeled Mixed-Use Property

530 Mitchell Street, Gwinn, MI 49841

$450,000
38,997 sqft 19.38 AC lot

Partially remodeled property with multiple living configurations, an attached garage, and substantial storage areas.

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Apartment Building with Multiple Wings
Apartment Building with Multiple Wings

530 Mitchell Street, Gwinn, MI 49841

$450,000
38,997 sqft 19.38 AC lot

Partially remodeled multifamily property with five configured living spaces, covered parking, and additional areas for storage or redevelopment.

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Light Manufacturing Multi-Building Campus
Light Manufacturing Multi-Building Campus

2905 N Lincoln Rd, Escanaba, MI 49829

Contact for pricing
37,765 sqft 9.70 AC lot

Multi-building campus with light manufacturing zoning, large overhead doors, and extensive fenced, secure storage.

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Underground Sprinkler Specialty Business
Underground Sprinkler Specialty Business

826 N 16 Street, Escanaba, MI 49829

$225,000

Established Michigan Upper Peninsula operation with recurring customers, seller training, and scheduled installation work.

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Munising, MI Specialty Properties Market Trends and Statistics

Explore 1 specialty properties for sale in Munising, MI on our real estate platform. These investment opportunities span a total of 4,763 square feet of properties for sale, with an estimated market value of $325,000.

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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