Grocery Store

Herron, MI Grocery And Convenience Stores for Sale

Notify Me
List
Map
Alpena, MI Lachine, MI Hubbard Lake, MI Hillman, MI Ossineke, MI Spruce, MI Posen, MI Curran, MI
Country Store With Rental Units
Updated: Feb 26
Country 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 constructed in 1965
Two remodeled one‑bedroom rental units on the upper level
Sale includes inventory excluding alcohol, liquor license, Lotto & DNR Sales
Former fuel tanks removed and environmental cleanup completed
Newer walk‑in coolers, LED lighting, roof, windows, and septic system
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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.

Lakefront Resort with Rental Cabins
Lakefront Resort with Rental Cabins

7065 Jose Lake Road, South Branch, MI 48761

$585,000
5,160 sqft 0.93 AC lot

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

View details
Restaurant Property With Liquor License
Restaurant Property With Liquor License

325 W 2nd Street, Gaylord, MI 49735

$675,000
10,200 sqft

Restaurant and convenience-store components offer a mixed commercial configuration with on-site parking and public sewer.

View details
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.

View details
Lakefront Resort Business
Lakefront Resort Business

South Branch, MI 48761

$585,000
5,160 sqft

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

View details

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.

B-2 Commercial Land With Utilities
B-2 Commercial Land With Utilities

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

$235,000
3.50 AC lot

Commercial land with municipal water, sewer, natural gas, electric service, and access from a dedicated service drive.

View details
Commercial Land With Utilities
Commercial Land With Utilities

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

$235,000
3.49 AC lot

B2-zoned commercial land with municipal water, public sewer, natural gas, and electric service in place.

View details

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.

List
Map

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)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings