Storefront

Ontonagon, MI Storefront Properties for Sale

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Greenland, MI Rockland, MI Ewen, MI White Pine, MI
Historic Mixed-Use Building with Storefronts
Updated: Nov 3, 2023
Historic Mixed-Use Building with Storefronts

425 River Street, Ontonagon, MI 49953

$131,000
9,800 sqft 0.12 AC lot
9,800 square feet of mixed‑use building area
Commercial zoning with main‑level storefront space
Three current occupants: flower shop, gift shop, and contractor’s office
Vacant upper floor available for additional use
Built in 1904 with a documented history as a livery stable, feed and seed store, bowling alley, and bar
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ontonagon, 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 Building with Apartment
Mixed-Use Building with Apartment

409 Lake Linden Avenue, Laurium, MI 49913

$179,900
1,312 sqft 0.13 AC lot

A street-level salon setup pairs with a two-bedroom residence and a separate unfinished area.

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Five-Unit Strip Mall
Five-Unit Strip Mall

216 Roosevelt Street, Ironwood, MI 49938

$410,000
6,720 sqft 1.28 AC lot

Commercially zoned property with four leased units, a future vacancy, private parking, and access from multiple curb cuts.

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Five-Unit Retail Building
Five-Unit Retail Building

216 Roosevelt Street, Ironwood, MI 49938

$410,000
6,720 sqft 1.29 AC lot

Five-unit retail complex with four leased spaces and one unit scheduled to open for occupancy at year-end 2025.

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6-Unit Mixed-Use Building
6-Unit Mixed-Use Building

137 LAKE LINDEN AVENUE, Laurium, MI 49913

$229,900
3,776 sqft

Versatile property combines five apartments, commercial space, and an on-site laundry room along a busy street.

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Ontonagon, MI Storefront Properties Market Trends and Statistics

Explore 1 storefront properties for sale in Ontonagon, MI on our real estate platform. These investment opportunities span a total of 9,800 square feet of properties for sale, with an estimated market value of $131,000.

Sale prices for retail units in Ontonagon, MI average $131,000 — 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 2,261
Population Growth (5Y) -10.2%
Median Household Income $55,647
College Educated 25.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49953 $131K

Taxes & Financing

Tax Rate (average for all types) 4.14%
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ontonagon County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Retail pricing trends in Ontonagon County

Retail

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