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    Alpena, MI 49707

    For Sale
    $329,500

    COMMERCIAL - Alpena, MI

    Property size:
    768 SF
    Days on Market:
    96
    Last Refresh:
    Dec 14 at 11:06 am

    Property Features for

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business
    APN
    093-637-000-368-00;093-637-000-366-00
    Size
    768 SF

    Utilities

    Sewer type
    Public Sewer

    Banner Realty (989) 356-1177 [email protected]

    Listing agent Margie K Haaxma (989) 356-1177

    Listing date Sep 10, 2025

    Copyright © 2025 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land in Alpena

    This commercial land is located in Alpena, MI, and is suitable for establishing an office, convenience store, restaurant, or retail space. The property consists of a double city lot, measuring 132 by 140 feet. A double car garage, measuring 24 by 32 feet, is available for storing tools and equipment during construction. Utilities, including gas, electric, municipal water, and sewer, are already on-site. The site is conveniently located within walking distance to downtown and falls within the Social district. The property is zoned for business use.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Alpena
    County
    Alpena
    State
    Michigan
    Longitude
    -83.4937
    Latitude
    45.1042

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    FAQs

    What type of property is this?
    Commercial land - Double lot near downtown Alpena, ready for development.
    Where is this commercial land located?
    The property is located at Alpena, MI.
    What is the asking price?
    The asking price for this property is $329,500.
    What are key features of this property?
    This property features: - Prime location suitable for office, convenience store, restaurant, or retail space.; - Large double city lot (132 x 140 feet) ready for development.; - Utilities (gas, electric, municipal water, and sewer) already on-site.
    (989) 356-1177
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    Alpena, MI 49707
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Alpena, MI 49707
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