525 River Street Ontonagon, MI ^$ 60,000

525 River Street

^$ 60,000

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Recently Listed

525 River Street

Ontonagon, MI, 49953

^$ 60,000

Studio Baths0.0 Sq 756

Monthly Estimate*

^$ 419

525 River Street, Ontonagon, MI 49953 - Image 1

525 River Street, Ontonagon, MI 49953 - Image 2

525 River Street, Ontonagon, MI 49953 - Image 3

525 River Street, Ontonagon, MI 49953 - Image 4

Studio

Commercial Property for sale in Ontonagon, MI

for $60,000. This 756 square foot building was built in 1900 on a lot size of 1.

Excellent River Street location! This commercial building is the perfect place to launch or expand your small business! Suitable for retail or office applications, it features a large basement area for storage and even includes a paved parking area and vacant lot for future expansion. The exterior has been repainted to catch the eye of all who see it. This is a gem in the heart of Ontonagon, come and see it today!

Commercial Active

Price

^$ 60,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,118

Style

Commercial/Industrial

Lot Size

Year Built

1900

Town/City

Ontonagon

County/Region

Ontonagon

MLS | Web ID

50138687

Features

General

Heating Forced Air

Cooling Wall/Window A/C

Roof Metal

Water Community

Status Active Active

Year Built 1900

Parking 2 Spaces On Site

Water Heater Tankless Hot Water

County Ontonagon

Township Ontonagon Township

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Other/See Remarks

Municipality Ontonagon

Zoning Commercial

Subdivision MI

Flood Insurance Unknown

Commercial Features Cable Internet Installed Cable TV Available Carpet Electric Available No Elevator No Loading Facility Restroom(s) Sidewalks Telephone Fiber Optic Internet

Area Ontonagon (66015)

Primary City Ontonagon

Location Main Street

Directions River St between Citizens State Bank and 533 River St

City Ontonagon

Street Name River

Financial Terms Cash Conventional

Legal Description E'ly 221/2 ft of Lot 7 and W'ly 271/2 ft of lot 7 excluding the W'ly 6ft of the W'lt 271/2 ft of Lot 7 and also 1/2 of vacated alley all in block 6 of the original plat of Village of Ontonagon

DOM 8

Postal Code 49953

Price Per Sq Ft 79.37

Coming Soon Excellent River Street location! This commercial building is the perfect place to launch or expand your small business! Suitable for retail or office applications

Exterior

Exterior Frame Steel

Flood Plan Unknown

Lot Size Area 1

Lot Dimensions 44x105

Well/Septic Inspection Done No

Water Features None

Roads City/County Class A Curbed Paved Street

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

GERALD DOMITROVICH

Listing Agent

Domitrovich Realty, Inc

Broker

jddomit@jamadots.com

Affordability Calculator

$512

Per Month

Monthly Principal & Interest: $419
Monthly Property Taxes: $93
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Ontonagon, MI

Average List Price ^$192,250

Percent of Sale Price 220%

About Ontonagon, MI

1,468 Population

-19% Since 2002

^$30,894 Median Income

53.29 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/15/2024	$60,000		Listed Price

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525 River Street, Ontonagon, MI, 49953 is a Commercial Property for sale at $60,000 with 756 sqft and a lot size of 1. 525 River Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 49953 which is in Ontonagon, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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525 River Street

Commercial Property for sale in Ontonagon, MI

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