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    Ontonagon, MI
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    Ontonagon, MI Storefront Properties for Sale

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    Greenland, MI Rockland, MI Carp Lake, MI Mass City, MI White Pine, MI Toivola, MI Ewen, MI Nisula, 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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    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 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.

    Three-Level Mixed-Use Building
    Three-Level Mixed-Use Building

    407 W Memorial, Houghton, MI 49931

    Contact for pricing

    Cleared interior with attached garage and elevated views toward the Portage Canal and Houghton Lift Bridge.

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    Storefront Property with Loading Dock
    Storefront Property with Loading Dock

    910 Evergreen, Houghton, MI 49931

    Contact for pricing

    Retail building with display windows, storage space, paved parking, and accessible restrooms.

    View details
    Ewen Commercial Space on Highway
    Ewen Commercial Space on Highway

    20143 Hwy M28, Ewen, MI 49925

    $69,000
    1,300 sqft 0.50 AC lot

    Single-level commercial building with highway frontage and recent updates.

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    Single-Level Storefront with Highway Frontage
    Single-Level Storefront with Highway Frontage

    20143 HWY M28, Ewen, MI 49925

    $69,000
    0.60 AC lot

    Open commercial interior with a renovated bathroom, paved parking, and connections to public water and sewer.

    View details

    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)

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