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    Alpena, MI

    Alpena, MI Commercial Real Estate for Sale

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    34 properties
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    Historic Tavern and Restaurant Property
    Updated: May 18
    Historic Tavern and Restaurant Property

    7930 French Road, Alpena, MI 49707

    $359,000
    4,175 sqft · 1.62 AC lot
    Historic local landmark with decades of community memories and a recognizable name.
    Includes buildings, liquor license, inventory, and most collections.
    Authentic vintage character with a classic tavern layout and charm.
    Flexible commercial potential for a bar, event space, or new concept.
    Convenient Alpena‑area location offering a rural feel with accessible traffic.
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    Commercial Land on M-32 West
    Updated: May 28
    Commercial Land on M-32 West

    1747 M 32 W, Alpena, MI 49707

    $295,000
    1,600 sqft · 1.00 AC lot
    High‑traffic location on M‑32 West ensures outstanding visibility and exposure.
    Convenient access from both M‑32 and Kline Road provides excellent ingress and egress.
    Existing 1,600 sq ft building offers immediate use potential or a foundation for expansion.
    Ideal for retail, office, service business, storage, or future development.
    Driveway already in place for added value and convenience.
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    Mixed-Use Commercial Property, Alpena
    Mixed-Use Commercial Property, Alpena

    2160 US 23 S, Alpena, MI 49707

    $288,000
    2,348 sqft

    High-visibility mixed-use property with retail/office space and residential unit.

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    Remodeled Medical Office Suite
    Remodeled Medical Office Suite

    3448 US-23 S, Alpena, MI 49707

    $175,000
    1,383 sqft

    Remodeled medical office with four exam rooms, dedicated restrooms, central air, and onsite parking.

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    Mixed-Use Commercial Property with Warehouse
    Mixed-Use Commercial Property with Warehouse

    4782 Werth Road, Alpena, MI 49707

    $175,000
    3,500 sqft · 0.99 AC lot

    Retail/showroom, offices, and a warehouse with large overhead door plus an upstairs 1-bedroom apartment.

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    Auto Repair Property with Storage Units
    Auto Repair Property with Storage Units

    3216 S US Highway 23, Alpena, MI 49707

    $499,900
    1,054 sqft · 4.60 AC lot

    Multi-tenant auto repair, rental home, and six rented storage units on B-2 zoned acreage off US Highway 23.

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    Alpena Distribution Warehouse For Sale
    Alpena Distribution Warehouse For Sale

    941 S Ninth Avenue, Alpena, MI 49707

    $303,666
    5,460 sqft · 0.98 AC lot

    5,460 SF distribution warehouse with loading ramps and parking.

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    Flex Space with Warehouse and Apartment
    Flex Space with Warehouse and Apartment

    4782 Werth Rd, Alpena, MI 49707

    $175,000
    3,100 sqft · 1.00 AC lot

    Versatile flex layout combines retail/showroom, offices, a warehouse with overhead door, and an upstairs 1-bedroom unit.

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    Downtown Alpena Mixed-Use Building
    Downtown Alpena Mixed-Use Building

    105 N 2nd Avenue, Alpena, MI 49707

    $530,000
    3,662 sqft

    Historic building with retail space and renovated apartment.

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    Expansive Industrial Land in Alpena
    Expansive Industrial Land in Alpena

    160 AC M32 W, Alpena, MI 49707

    $1,920,000
    160.00 AC lot

    160 acres of industrial-zoned land with high visibility.

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    139 Acres Industrial Land, Alpena
    139 Acres Industrial Land, Alpena

    139 AC Witt Road, Alpena, MI 49707

    $834,000
    139.00 AC lot

    139 acres of industrial-zoned land with dual access.

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    Commercial Land Near M-32
    Commercial Land Near M-32

    1930 M-32 W, Alpena, MI 49707

    $120,000
    2.93 AC lot

    2.93 acre commercial land with B2 zoning near M-32.

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    Alpena Industrial Land For Sale
    Alpena Industrial Land For Sale

    18.83 AC M32 W, Alpena, MI 49707

    $226,000
    18.83 AC lot

    18.83-acre corner parcel with industrial zoning in Alpena, MI.

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    Commercial Parcel with Existing Building
    Commercial Parcel with Existing Building

    1747 M 32 West Alpena, Alpena, MI 49707

    $295,000
    1,600 sqft · 1.00 AC lot

    A high-traffic commercial parcel with an existing 1,600 SF building and drive access from two roadways.

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    Medical Office with Garage Storage
    Medical Office with Garage Storage

    3448 US-23, Alpena, MI 49707

    $189,900
    1,383 sqft

    Well-maintained medical office with garage, suitable for various professionals.

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    Classic Diner on Major Thoroughfare
    Classic Diner on Major Thoroughfare

    3023 US Highway 23 S, Alpena, MI 49707

    $99,900
    1,250 sqft · 0.72 AC lot

    Revitalize a classic 1950s diner with high traffic exposure.

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    Alpena Freestanding Wendy’s Investment Property
    Alpena Freestanding Wendy’s Investment Property

    1036 W Chisholm St, Alpena, MI 49707

    $2,153,739
    2,907 sqft

    Freestanding Wendy’s in Alpena, MI with long-term lease.

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    Classic Diner on Highway 23
    Classic Diner on Highway 23

    3023 US Highway 23 S, Alpena, MI 49707

    $99,900
    1,250 sqft · 0.72 AC lot

    Revitalize a classic 1950s diner with high traffic exposure.

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    Alpena Land with Complete Infrastructure
    Alpena Land with Complete Infrastructure

    NHN Crittenden Court, Alpena, MI 49707

    $1,000,000
    11.39 AC lot

    11.39 acres with complete infrastructure in Alpena's growing area.

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    Distribution Warehouse with Loading Ramps
    Distribution Warehouse with Loading Ramps

    941 S 9th Ave, Alpena, MI 49707

    $303,666
    5,460 sqft

    Distribution warehouse with three loading ramps, partial cooling, and generous parking on five lots in the City of Alpena.

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    Land Near Medical Hub
    Land Near Medical Hub

    109 Arbor Lane, Alpena, MI 49707

    Contact for pricing

    Over half-acre lot near a regional medical hub.

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    Alpena Retail Strip Center Space
    Alpena Retail Strip Center Space

    2682 S. US-23, Alpena, MI 49707

    Contact for pricing
    19,000 sqft

    Retail spaces available in established Alpena strip center.

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    Retail Space on US Highway
    Retail Space on US Highway

    2205-2219 US Highway 23 |, Alpena, MI 49707

    Contact for pricing

    Retail space available on US Highway 23 in Alpena.

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    Prime Commercial Land in Alpena
    Prime Commercial Land in Alpena

    Alpena, MI 49707

    $329,500
    768 sqft

    Double lot near downtown Alpena, ready for development.

    View details

    Alpena, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Alpena, MI, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 40,900 square feet of properties for sale, with an estimated market value of $6,272,171.

    Sale prices for business properties in Alpena, MI start at $99,900, averaging $392,010, and reaching up to $2,153,739 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 22K
    Population Growth (5Y) +0.7%
    Median Household Income $50,699
    College Educated 25.7%

    High-Yield Neighborhoods for Investment

    Identify Alpena submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49707 $390.7K

    Taxes & Financing

    Tax Rate (average for all types) 4.00%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Alpena County

    New Delisted

    Total CRE Inventory on Market (SF)

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