For Sale
12909 S Straits Highway, Wolverine, MI 49799
$574,000
MLS # 201835746
0.6 acres
1 / 23
Listing Description
PRIME COMMERCIAL INVESTMENT! Fantastic opportunity to own a beautifully updated five-unit commercial building in the heart of charming downtown Wolverine. This well-maintained property features four street level units and an additional one-bedroom apartment above-offering excellent rental income and a solid rental history. Located at a highly visible intersection with ample parking perfectly positioned for foot traffic and business exposure. Tasteful interior and exterior updates complement curb appeal, including professional landscaping and a rear-side aggregate patio ideal for outdoor seating or customer use. Whether you're looking to expand your portfolio or start your dream business, this property checks all the boxes. Like new deli equipment could also be available.
Source: SparkMLS
About this home
Asking $574,000.
Electric service is provided by Consumers Energy Company; natural gas by Presque Isle Electric & Gas Cooperative.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.6 acres
Location
CityWolverine
MunicipalityWolverine Vlg
Zip Code49799
CountyCheboygan
Sale & Financing
Listed7/1/2026
Original Price$599,000
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Gail Rhine
Berkshire Hathaway Homeservices Indian River
Frequently Asked Questions about 12909 S Straits Highway, Wolverine, MI 49799
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 12909 S Straits Highway, Wolverine, MI 49799 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 12909 S Straits Highway, Wolverine, MI 49799 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 12909 S Straits Highway, Wolverine, MI 49799?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Presque Isle Electric & Gas Cooperative. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Wolverine Vlg police department or the Cheboygan County sheriff's office.
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Monthly payment$3,723
Principal & interest$3,723
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Presque Isle Electric & Gas Cooperative
Co-op
MI Public Service Commission service territory boundaries.
Property
12909 S Straits Highway, Wolverine, MI 49799
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Municipality
Wolverine Village
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