2400 SQ FT COMMERCIAL INCOME PROPERTY IN ONTONAGON. TURN KEY! Built in 1991 by the owners as a daycare it has since been converted to a four unit commercial rental that is fully occupied serving the community of Ontonagon. You'll appreciate finding an investment income property like this that has been well maintained, ready to go for you. Property has a newer roof and sits on a very nice large lot and large parking lot for in and out traffic. $1200 a month comes in across the 4 tenants. At this price you'll find this to be a very nice cash flowing investment. Long time rental history here as well as a great centrally located on Greenland Dr. Call the listing agent for your showing and to get the ball rolling! Seller requests buyers have cash or are prequalified for a loan as we'd like to minimize interruptions to the tenants of this awesome building. Here's your chance to own a nice 4 unit commercial income property right smack dab in the Western UP, near the sandy shores of Lake Superior!
For sale
$159,900
122 Greenland Rd, Ontonagon, MI 49953
--beds
2,400sqft
Multi Family
Built in 1991
-- sqft lot
$-- Zestimate®
$67/sqft
$-- HOA
What's special
Very nice large lotNewer roof
- 46 days
- 208
- 5
Zillow last checked:
Listing updated:
Listed by:
Dan Hafenbredl 715-321-4489,
FLYING EAGLE REALTY LLC 715-321-4489
Source: My State MLS,MLS#: 11906789
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
- 1/2 bathrooms: 2
Basement
- Area: 0
Heating
- Natural Gas, Forced Air
Cooling
- Central
Features
- Basement: Crawl
- Has fireplace: No
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
- Finished area above ground: 2,400
Property
Accessibility
- Accessibility features: Handicap
Lot
- Size: 0.59 Acres
- Features: Near Bus
Details
- Parcel number: 41 186 006 00
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Electric: Amps(0)
- Sewer: Community
- Water: Community
Community & HOA
HOA
- Has HOA: No
Location
- Region: Ontonagon
Financial & listing details
- Price per square foot: $67/sqft
- Tax assessed value: $141,300
- Annual tax amount: $3,460
- Date on market: 7/28/2026
- Date available: 07/28/2026
- Listing agreement: Exclusive
Estimated market value
Not available
Estimated sales range
Not available
$1,118/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Listed for sale | $159,900$67/sqft |
Source: My State MLS #11906789 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,460 +6% | $70,650 +11.3% |
| 2024 | $3,264 +5.3% | $63,500 +10.1% |
| 2023 | $3,099 +2.3% | $57,650 +10.3% |
| 2022 | $3,029 | $52,250 +10.2% |
| 2021 | -- | $47,400 +0.1% |
| 2020 | -- | $47,350 +1.5% |
| 2019 | -- | $46,650 +2.1% |
| 2018 | -- | $45,700 +3.4% |
| 2017 | -- | $44,200 +1.1% |
| 2016 | -- | $43,700 +0.1% |
| 2015 | -- | $43,650 -10.6% |
| 2011 | -- | $48,850 |
Find assessor info on the county website
Monthly payment
Est. payment





