Munising, MI
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    Munising, MI Storefront Properties for Sale

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    Christmas, MI Au Train, MI Chatham, MI
    $6,900,000
    2,714 SF

    Unique Tourist Attraction with Waterfalls

    602 Bell Avenue, Munising, MI 49862

    Established tourist attraction featuring waterfalls, gardens, and gift shop.

    • Established tourist attraction featuring Horseshoe Falls, a privately owned waterfall.
    • 79 acres of land with over 1/2 mile of woodland paths and a botanical garden with a Gnome theme.
    • Trout pond stocked with 200‑300 large rainbow trout.
    • Gift shop with unique gifts, souvenirs, and ice cream.
    • Features attached 2‑bedroom, 1.5‑bath living quarters.
    Updated: Jan 28, 2025
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    Highway M-28 Commercial Building
    $374,900
    2,411 SF

    Highway M-28 Commercial Building

    601 W Munising, Munising, MI 49862

    2,400+ sq ft building near Lake Superior.

    • Prime location on Highway M‑28, one block from Lake Superior, with high visibility and traffic.
    • 2,400+ sq ft building with a bright, open layout adaptable for various business types.
    • Close proximity to Pictured Rocks National Lakeshore, attracting tourists and locals.
    • Ample parking available for customers and staff.
    • Seller is open to lease or rental agreement.
    Updated: May 23, 2024
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    Unique Tourist Attraction with Waterfalls
    $6,900,000
    2,714 SF

    Unique Tourist Attraction with Waterfalls

    Established tourist attraction featuring waterfalls, gardens, and gift shop.

    602 Bell, Munising, MI 49862
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Munising, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Escanaba Commercial Building For Sale
    $795,000
    14,000 SF

    Escanaba Commercial Building For Sale

    High-visibility 14,000 sq ft commercial building in Escanaba, MI.

    1930 N Lincoln Road, Escanaba, MI 49829
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    Escanaba Commercial/Industrial Space For Sale
    $255,000
    50,000 SF

    Escanaba Commercial/Industrial Space For Sale

    49728 SF commercial space on 1.5 acres in Escanaba.

    433 Stephenson Ave, Escanaba, MI 49829
    View details
    Downtown Ishpeming Mixed-Use Investment
    $499,900
    9,486 SF

    Downtown Ishpeming Mixed-Use Investment

    Commercial/residential building with storefronts and apartments in downtown Ishpeming.

    200 E Division St, Ishpeming, MI 49849
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    New Construction Retail Investment Property
    $1,953,000
    10,000 SF

    New Construction Retail Investment Property

    New Dollar Tree with 10-year lease in Ishpeming, MI.

    628 Palms Ave, Ishpeming, MI
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land in Rapid River, MI
    $49,900
    1.97 Acres

    Land in Rapid River, MI

    Commercial land with high traffic exposure in Rapid River.

    7683 US2 HIGHWAY, Rapid River, MI 49878
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    Vacant Land in Rapid River
    $49,900
    1.97 Acres

    Vacant Land in Rapid River

    Commercial land with high traffic exposure in Rapid River, MI.

    7683 US2 Highway, Rapid River, MI 49878
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    Prime Commercial Lot in Iron Mountain
    $250,000
    2,335 SF

    Prime Commercial Lot in Iron Mountain

    High-visibility commercial lot with existing building in Iron Mountain.

    909 S Stephenson Avenue, Iron Mountain, MI 49801
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    Vacant Land in Copper Harbor
    $250,000
    0.33 Acres

    Vacant Land in Copper Harbor

    Prime building site in a vibrant tourism destination.

    Gratiot Street, Copper Harbor, MI 49918
    View details

    Munising, MI Storefront Properties Investment Opportunities Market Analysis

    Explore 3 storefront properties for sale in Munising, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,839 square feet of properties for sale, with an estimated market value of $14,174,900.

    Sale prices for retail units in Munising, MI start at $374,900, averaging $4,724,966, and reaching up to $6,900,000 — 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

    Storefront properties 2

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    49862 $4.7M

    Taxes & Financing

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

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