Rare commercial & multi-family property featuring a large footprint with 2 independent residential units ($1,750/mo potential rent: $850 upper/$900 lower) plus an oversized commercial floor ($1,000-$1,200/mo lease potential) yielding a potential $2,750+/mo gross income ($33k/yr)! Located directly on the main thoroughfare along the Drummond Island Ferry route (400k+ annual visitors) adjacent to the farmers market. Includes $101,000 in commercial equipment (conveyor pizza ovens, soft-serve, espresso bar). Envision owning a pizzeria, catering hub, bakery, cafe or diner or lease the kitchen to a local operator for passive income. Priced well below acquisition cost for an immediate sale!
For sale
Price cut: $20K (8/7)
$239,500
168 S Ontario St, De Tour Village, MI 49725
3beds
2baths
--sqft
Multi Family
Built in ----
-- sqft lot
$235,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 32 days |
- 288 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Anna Piche,
Smith & Company Real Estate 906-632-9696
Source: EUPBR,MLS#: 26-701
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Property
Features
- Levels: Two
- Stories: 2
Details
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Asphalt, Stone, Wood Siding, Other
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: De Tour Village
Financial & listing details
- Tax assessed value: $94,500
- Annual tax amount: $5,055
- Date on market: 7/21/2026
Estimated market value
Zestimate®
$235,300
Estimated sales range
$224,000 - $247,000
Rent Zestimate®
$1,307/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Price change | $239,500-7.7% |
Source: EUPBR #26-701 Report a problem | ||
| 7/21/2026 | Listed for sale | $259,500+0.9% |
Source: EUPBR #26-701 Report a problem | ||
| 6/23/2026 | Listing removed | $257,300 |
Source: EUPBR #25-481 Report a problem | ||
| 5/4/2026 | Price change | $257,300-7.8% |
Source: EUPBR #25-481 Report a problem | ||
| 9/4/2025 | Price change | $279,000-6.7% |
Source: EUPBR #25-481 Report a problem | ||
| 6/11/2025 | Listed for sale | $299,000+0.5% |
Source: EUPBR #25-481 Report a problem | ||
| 6/21/2024 | Sold | --0 |
Source: EUPBR #23-981 Report a problem | ||
| 6/18/2024 | Pending sale | $297,500 |
Source: EUPBR #23-981 Report a problem | ||
| 5/28/2024 | Contingent | $297,500 |
Source: EUPBR #23-981 Report a problem | ||
| 10/12/2023 | Listed for sale | $297,500+250% |
Source: EUPBR #23-981 Report a problem | ||
| 9/6/2017 | Sold | $85,000-34.6% |
Source: Agent Provided Report a problem | ||
| 4/9/2015 | Listing removed | $129,900 |
Source: Coldwell Banker Schmidt REALTORS #14-192 Report a problem | ||
| 3/11/2015 | Price change | $129,900-7.1% |
Source: Coldwell Banker Schmidt REALTORS #14-192 Report a problem | ||
| 3/30/2014 | Listed for sale | $139,900 |
Source: Coldwell Banker Schmidt REALTORS #14-192 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49725
Nearby schools
GreatSchools rating
- 3/10Drummond Island Elem. SchoolGrades: K-8Distance: 8 mi
- 3/10DeTour High SchoolGrades: 7-12Distance: 0.4 mi
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