Prime M-22 Investment Opportunity in Onekamas Two Lake Town! Located along iconic M-22 Scenic Highway--one of the most celebrated drives in the Midwest--this versatile mixed-use property offers outstanding visibility & endless potential in the charming village of Onekama.Situated in the heart of this unique Two Lake Town, known for its proximity to both Portage Lake & Lake Michigan , the property features a commercial storefront with excellent exposure to steady seasonal & year-round traffic along M-22. Behind the retail space, youll find a spacious 3-bedroom home--ideal for owner occupancy, long-term rental, or short-term vacation income. A garage & additional workshop space provide flexibility for storage, hobbies, or business expansion. Whether youre looking to establish a business, create a live/work setup, or invest in one of Northern Michigans most desirable corridors, this property delivers location, versatility, opportunity all in one. Not to mention easy walk to Portage Lake Park with a Beach & live summer music all summer. Also within walking distance to the well known fine dining Glenwood Restaurant, Historic Blue Slipper Tavern with outdoor dining & regular live music, early Mornings at Lake & Latte cafe or Amigos Mexican Cafe. Short Drive to the Historic Portage Point Inn with Laheys Pub & the Public Beach at Lake Michigan.
Listed By
Agency Name: CENTURY 21 Northland
Agent Name: Virginia M Pelton
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
![]() | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 04/20/2026. |
Estimated Payment
$ 2,512.33 per month $1,952.21 Principal & Interest $458.33 Property Tax $101.79 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
4990 Main Street | MLS# 26016477
This single family home located at 4990 Main Street, Onekama, MI 49675 is currently listed for sale with an asking price of $349,000. This property was built in 1930 and has 3 bedrooms and 1 full and 1 partial baths with 3500 sq. ft. Main Street is located within the Onekama school district. Search Onekama real estate on www.ikeyrealty.com today.