Storefront

Wolverine, MI Storefront Properties for Sale

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Wolverine Lake, MI Vanderbilt, MI Indian River, MI Afton, MI Alanson, MI Petoskey, MI Boyne Falls, MI Elmira, MI
Updated Five-Unit Retail Building
Updated: Jul 1, 2025
Updated Five-Unit Retail Building

12909 S Straits Highway, Wolverine, MI 49799

$574,000
0.60 AC lot
Five‑unit commercial building with four street‑level units and one one‑bedroom apartment upstairs
Fully occupied property generating $5,000 in monthly income
Parking lot on‑site
Water source: well; sewer: shared septic and septic tank
Updated interior and exterior with professional landscaping and a rear‑side aggregate patio
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Wolverine, 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.

Retail and Office Building with Parking
Retail and Office Building with Parking

321 E Lake Street, Petoskey, MI 49770

$1,850,000
7,958 sqft

Street-level retail and second-floor office suites with eight dedicated rear parking spaces.

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Downtown Storefront with Included Equipment
Downtown Storefront with Included Equipment

324 W Main Street, Gaylord, MI 49735

$475,000
2,175 sqft

For-sale storefront property in B-1 zoning with real estate and equipment included.

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Corner Lot Retail Storefront
Corner Lot Retail Storefront

201 E Main Street, Gaylord, MI 49735

$229,900
2,262 sqft

ADA-compliant retail storefront with corner exposure, M-32 frontage, and both street and rear parking.

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Tractor Supply-Leased Retail Store
Tractor Supply-Leased Retail Store

2201 N US Hwy 31, Petoskey, MI 49770

Contact for pricing
19,532 sqft

Retail storefront on US-31 leased to Tractor Supply Company, operated at the site since 2011.

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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.

Elmira Land Parcel on Woodward
Elmira Land Parcel on Woodward

V/L 1.6AC Woodward Avenue, Elmira, MI 49730

$63,900
1.60 AC lot

1.6-acre parcel with meadow and woods near M-32 Highway.

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Commercial Land with I-75 Off-Ramp Frontage
Commercial Land with I-75 Off-Ramp Frontage

VL Johnson Road, Gaylord, MI 49735

$150,000
0.64 AC lot

B-2 zoned commercial land with I-75 visibility at the Gaylord interchange, supported by MDOT 2024 traffic counts.

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Commercial Land in High Traffic Area
Commercial Land in High Traffic Area

10351 N Straits Highway, Cheboygan, MI 49721

$147,500
1.50 AC lot

Commercial land in a high-traffic area with utilities available.

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Roscommon Vlg Land Opportunity
Roscommon Vlg Land Opportunity

N MAIN Street, Roscommon, MI 48653

Contact for pricing
0.16 AC lot

Commercial or residential land for sale in Roscommon Vlg.

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Wolverine, MI Storefront Properties Market Trends and Statistics

Explore 1 storefront properties for sale in Wolverine, MI on our real estate platform.

Sale prices for retail units in Wolverine, MI average $574,000 — 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 2,238
Population Growth (5Y) +4.3%
Median Household Income $51,029
College Educated 19.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49799 $574K

Taxes & Financing

Tax Rate (average for all types) 3.15%
Tax Rate vs County Average 0.05 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cheboygan County

New Delisted

Total CRE Inventory on Market (SF)

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