Grocery Store

Herron, MI Grocery And Convenience Stores for Sale

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Grocery Store With Rental Units
Updated: Feb 26
Grocery Store With Rental Units

10010 Werth Road, Herron, MI 49744

$369,000
4,582 sqft 3.10 AC lot
4,582‑square‑foot grocery and convenience store building
Two remodeled 1‑bedroom upper‑level rental units
Includes inventory excluding alcohol, liquor license, Lotto and DNR sales
Former fuel tanks removed and environmental cleanup completed
Newer walk‑in coolers, LED lighting, roof, windows and septic system
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Herron, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

325 W 2nd Street, Gaylord, MI 49735

$675,000
10,200 sqft 0.63 AC lot

A convenience and party store accompanies the restaurant space, with a liquor license included.

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Lakefront Resort with Rental Cabins
Lakefront Resort with Rental Cabins

7065 Jose Lake Road, South Branch, MI 48761

$560,000
5,160 sqft 0.93 AC lot

Five guest cabins, an owner residence, and an operating convenience business create a mixed-use hospitality property.

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Restaurant Property with Liquor License
Restaurant Property with Liquor License

325 W 2nd St, Gaylord, MI 49735

$675,000
10,200 sqft

Restaurant space paired with a convenience and party store component in downtown Gaylord.

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Lakefront Resort Business
Lakefront Resort Business

South Branch, MI 48761

$560,000
5,160 sqft

Rental cabins, an owner’s residence, and food, fuel, and convenience offerings support a mixed-use hospitality operation.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Utilities
Commercial Land with Utilities

M-32/Crittenden Court lot: 6, Alpena, MI 49707

$235,000
3.50 AC lot

B2-zoned land has municipal water, sewer, natural gas, and electric service.

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Commercial Land with Infrastructure
Commercial Land with Infrastructure

M-32/Crittenden Court lot: 7, Alpena, MI 49707

$235,000
3.49 AC lot

B-2 commercial land with municipal utilities, natural gas, electric service, and access near Alpena’s M-32 corridor.

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Herron, MI Grocery And Convenience Stores Market Trends and Statistics

Explore 1 grocery and convenience stores for sale in Herron, MI on our real estate platform. These investment opportunities span a total of 4,582 square feet of properties for sale, with an estimated market value of $369,000.

Sale prices for supermarkets in Herron, MI average $369,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Grocery and convenience stores 1
Storefront properties 1

Demographics Overview

Population 843
Population Growth (5Y) -0.9%
Median Household Income $74,000
College Educated 20.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49744 $369K

Taxes & Financing

Tax Rate (average for all types) 2.85%
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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