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Onaway, MI Storefront Properties for Sale

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Millersburg, MI Cheboygan, MI Afton, MI Atlanta, MI Rogers City, MI Indian River, MI Wolverine, MI Topinabee, MI
Mixed-Use Property with Walkout Basement
Updated: Aug 13
Mixed-Use Property with Walkout Basement

1171 S Black River Road, Onaway, MI 49765

$60,000
3,900 sqft
3,900‑square‑foot mixed‑use property with block construction
Interior taken to the studs for redevelopment
Walkout basement previously configured as full living quarters
Second building included with the property
Additional lot included for parking, yard space, or future improvements
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Onaway, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

End-Cap Retail Space
End-Cap Retail Space

1006 S Main Street, Cheboygan, MI 49721

$399,900
4,110 sqft 0.09 AC lot

B-4 zoning accommodates a retail setting with potential for office or service use.

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End-Cap Retail Suite
End-Cap Retail Suite

1006 S Main Street, Suite 1, Cheboygan, MI 49721

$399,900
4,110 sqft

Currently used for gift retail, the suite can also serve a retail, office, or service concept.

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Office Unit with Drive-Through
Office Unit with Drive-Through

6232 River Street, Alanson, MI 49706

$239,900
1,344 sqft

Flexible commercial space with a private office, kitchenette, storage, safes, and rear parking in a downtown setting.

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Retail Storefront with Drive-Through
Retail Storefront with Drive-Through

6232 River St, Alanson, MI 49706

$239,900
1,344 sqft

B-1-zoned commercial space includes an office, kitchenette, storage, and rear paved parking.

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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.

Commercial Land Near Boat Launch
Commercial Land Near Boat Launch

10351 N Straits Highway, Cheboygan, MI 49721

$147,500
1.50 AC lot

Commercially zoned land with sewer, natural gas, and electric available.

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Onaway, MI Storefront Properties Market Trends and Statistics

Explore 1 storefront properties for sale in Onaway, MI on our real estate platform. These investment opportunities span a total of 3,900 square feet of properties for sale, with an estimated market value of $60,000.

Sale prices for retail units in Onaway, MI average $60,000 — 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

Storefront properties 1

Demographics Overview

Population 4,287
Population Growth (5Y) +15.9%
Median Household Income $53,125
College Educated 19.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49765 $60K

Taxes & Financing

Tax Rate (average for all types) 3.24%
Tax Rate vs County Average 1.42 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Presque Isle County

New Delisted

Total CRE Inventory on Market (SF)

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