Indian River MI Real Estate & Commercial for Sale

7 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
8,085
Status:
Active
MLS#:
201843588
Type:
Retail
Subdivision:
T35N,R3W
Lot size:
0.25 Acres
Courtesy: COLDWELL BANKER SCHMIDT INDIAN RIVER 231-238-9336
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ADDITIONAL INFORMATION

A true town favorite and rare opportunity to own an established Northern Michigan business in the heart of Indian River! Pat & Gary's has built a recognizable name and loyal customer base, serving locals, seasonal residents, and visitors alike. Built in 2023, this two-level building offers a well-designed layout with endless opportunities. The main level features a party store with aisles of merchandise, walk-in cooler and freezer, centralized checkout counter for convenient liquor and lottery sales, and a dedicated live bait room. Head downstairs to discover The Bow Hole, catering to Northern Michigan's hunting, fishing, and outdoor enthusiasts. Don't miss your chance to own a piece of Indian River history!

Beds:
n/a
Baths:
Sq.Ft.:
3,088
Status:
Active
MLS#:
50224397
Type:
Industrial
Lot size:
0.43 Acres
Year built:
1980
Courtesy: Berkshire Hathaway HomeServices, Bay City 989-892-8888
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ADDITIONAL INFORMATION

Rare opportunity to own a steady income producing rental property with direct frontage on the beautiful Sturgeon River, located right off of the 310 exit on the Golden Mile in Indian River. This investment property features three buildings on one commercial zoned parcel: one single unit and two duplexes, providing five total rental units. All units are currently occupied with month-to-month tenants, currently generating $8,400/month. An excellent opportunity for multiple income streams in one convenient location. Located right off I-75 this property offers access to the area's renowned Inland Waterway, including the Sturgeon River, Indian River, Burt Lake and Mullet Lake. Indian River is known for it's small-town charm and year round recreation, offering boating, fishing, kayaking, snowmobiling, ATV, hiking and nearby state parks all with the convenient access to local shops and restaurants. This unique property has potential for multiple income streams. Whether you're an experienced investor or searching for a distinctive waterfront property this is an opportunity that doesn't come along often.

Beds:
n/a
Baths:
Sq.Ft.:
750
Status:
Active
MLS#:
201842080
Type:
Business Opportunities
Subdivision:
T35N,R2W
Courtesy: COLDWELL BANKER SCHMIDT INDIAN RIVER 231-238-9336
View additional info

ADDITIONAL INFORMATION

A well-known Indian River favorite, Yaz's Diner has been serving up sandwiches, tacos and more for years, with a loyal base of repeat customers. This established seasonal business features a welcoming dining area, walk-up service counter, fully equipped kitchen and restroom. Outdoor seating provides the perfect spot to enjoy beautiful summer days. Conveniently located directly off Straits Highway, the property offers excellent visibility and easy access, along with an established parking lot for customers. Whether you're looking to continue the current concept or bring your own vision to life, don't miss this opportunity to own a piece of Indian River.

Beds:
n/a
Baths:
Sq.Ft.:
1,048
Status:
Active
MLS#:
201839250
Type:
Other
Subdivision:
T35N R3W
Lot size:
0.65 Acres
Courtesy: COLDWELL BANKER SCHMIDT INDIAN RIVER 231-238-9336
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ADDITIONAL INFORMATION

Commercial dwelling, which is designed for functionality and comfort, featuring a spacious sitting area, two large offices, and an additional gathering space complete with a cozy fireplace. The property is immaculate and move-in ready, currently serving as a commercial office. Additional features include a two-car garage, a welcoming front porch, and a patio for outdoor relaxation. Its strategic location, just 1/2 mile south of the Inland Lakes Schools, offers excellent Class A highway exposure. The property is ideally situated near popular recreational attractions in the Indian River area, including Burt Lake, groomed snowmobile trails, the Sturgeon River, the North Central Trail system, and state land, making it a prime spot for both business and leisure.

Beds:
n/a
Baths:
Sq.Ft.:
1,475
Status:
Active
MLS#:
201834778
Type:
Other
Subdivision:
T35N,R2W
Courtesy: COLDWELL BANKER SCHMIDT INDIAN RIVER 231-238-9336
View additional info

ADDITIONAL INFORMATION

Discover the ultimate in upscale storage and workspace with this brand new 24' x 60' luxury unit. Thoughtfully designed with modern architecture, each unit includes a spacious mezzanine (24' x 15')—perfect for an office, personal lounge, or private storage. Enjoy the convenience of a half bath, rinse tub, and cold water spigot all on the main level and stay comfortable year-round with efficient heating. The 16' x 16' oversized garage door, with Liftmaster opener, easily accommodates boats, RVs, or other Northern Michigan toys. Zoned light industrial, this versatile space opens the door to a wide range of commercial or personal uses. Located just minutes from downtown Indian River and the shores of Mullett and Burt Lake, convenience and functionality meet in the heart of Northern Michigan.

Beds:
n/a
Baths:
Sq.Ft.:
1,440
Status:
Active
MLS#:
201840047
Type:
Other
Subdivision:
T35N,R2W
Lot size:
7.06 Acres
Courtesy: COLDWELL BANKER SCHMIDT INDIAN RIVER 231-238-9336
View additional info

ADDITIONAL INFORMATION

Discover these upscale storage condos designed with a sleek modern exterior and a finished interior, ready for all of your Up North toys and equipment. This versatile basic model features insulated walls, overhead lighting, two electrical outlets, and a convenient service door. The oversized 16' x 16' overhead door with LiftMaster opener provides easy access for boats, RVs, trailers, and more. Offering 1,440 square feet of open space, this unit is a blank canvas with roughed-in plumbing, allowing for future customization and upgrades to fit your needs. Outside, enjoy two designated parking spaces, shared common areas, and a prime location with easy access to M-68, just minutes from I-75 and downtown Indian River.

Beds:
n/a
Baths:
Sq.Ft.:
2,500
Status:
Active
MLS#:
201831941
Type:
Other
Subdivision:
T35N, R3W
Courtesy: Berkshire Hathaway Homeservices Indian River 231-238-7400
View additional info

ADDITIONAL INFORMATION

Well established Fudge, Chocolate & Ice Cream shop. Year after year locals and tourist have been coming Drost Chocolates & Ice Cream Shop. Wide selection of different candies, chocolates, fudge, caramel corn, ice cream. Located in the heart of down town Indian River. Open 7 days a week year around customers have gotten used to stopping in just about anytime to pick up their favorite treats. Great family operation and a chance to own your business. Sale includes Business, names, equipment, recipes, all buildings and property.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX) and is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Xome Inc. are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Xome Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright 2026 Water Wonderland MLS, Inc. All rights reserved.

Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Indian River Real Estate

Indian River is located in Michigan. Indian River, Michigan has a population of 2,128. Indian River is less family-centric than the surrounding county with 20.83% of the households containing married families with children. The county average for households married with children is 23.09%.

The median household income in Indian River, Michigan is $52,000. The median household income for the surrounding county is $53,482 compared to the national median of $69,021. The median age of people living in Indian River is 56.3 years.

Indian River Weather

The average high temperature in July is 78.2 degrees, with an average low temperature in January of 8.4 degrees. The average rainfall is approximately 31.1 inches per year, with 103.2 inches of snow per year.

Indian River Map

Indian River Real Estate Market Conditions

  • Median sales price

    $670,000
    21.4%
    change since last quarter
  • # Active listings

    61
    30-day change

Indian River Schools and Demographics

Education near Indian River, MI

City County
High School Graduates 85.6 90.72
College Degree - 2 year 3.96 9.44
College Degree - 4 year 33.22 22.67
Graduate Degree 13.37 7
Expenditures per Student 12,501 12,501
Students per Teacher 16.1 16.1

Elementary Schools near Indian River, MI

Grades Students P/T Ratio ZIP
Cheboygan Intermediate School 03 - 07 672 23.2 49721
East Elementary School KG - 02 307 13.9 49721
Inland Lakes Elementary School KG - 06 269 15.2 49749
Pellston Elementary School PK - 05 235 13.4 49769
Wolverine Elementary School KG - 06 160 13.4 49799

Middle Schools near Indian River, MI

Grades Students P/T Ratio ZIP
West Elementary School KG - 01 235 17 49721

High Schools near Indian River, MI

Grades Students P/T Ratio ZIP
Cheboygan Area High School 08 - 12 704 16.5 49721
Pellston Middle/High School 06 - 12 314 16.5 49769
Wolverine Middle/High School 07 - 12 136 16 49799

Ungraded Schools near Indian River, MI

Grades Students P/T Ratio ZIP
* Cheboygan Virtual Academy 07 - 12 35 350 49721
Alanson Public School PK - 12 256 13.8 49706
Cop ESD Programs PK - 12 97 3.4 49749
Inland Lakes Secondary School 05 - 12 515 24.2 49749
Inverness Academy 06 - 12 59 65.6 49721

Demographics near Indian River, MI

City County
Neighborhood Type Small Town
Population 2,128 25,654
Population Density 165 36
Median Age 56.3 51.7
People per Household 2.1 2.4
Median Household Income 52,000 53,482
Average Income per Capita 33,284 28,709

Real estate near Indian River