6232 River Street, Alanson, MI 49706
- Added:
- Jun 28, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 3 at 3:06 pm
Property Features for 6232 River Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- VOA B-1
- Standard status
- Active
- APN
- 41-17-10-301-034 and 040
- Size
- 1,344 SF
Taxes and HOA fees
- Tax Description
- Tax ID 41-17-10-301-034 and 41-17-10-301-040
Utilities
- Heating system
- Natural Gas, Forced Air
Building Details
- Building materials
- Wood Frame
Listing agent Heidi Kresnak (231) 838-1977
Listing office Graham Real Estate 198 E MAIN ST., Harbor Springs, MI (231) 526-6251
Listing date Jun 28, 2026
Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Wood‑frame commercial building with natural gas forced‑air heating
- Drive‑through window feature for customer convenience
- Interior includes private office, kitchenette, storage area, and two large safes
- Rear paved parking lot provides on‑site parking for customers and staff
- Served as a local bank for many years and is set up for office or service uses
Overview
The property is located in downtown Alanson with access just off high-traffic US-31, and it sits a short distance from the Crooked River. Its setting places it near local businesses, residents, and visitors.
The layout and drive-through capability can support a range of tenant concepts, including professional office, boutique retail, cafe, take-out restaurant, specialty retail, or service-based businesses. The combination of private office space, storage, and rear parking is designed to accommodate day-to-day operations with customer convenience.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.5k | $18.96 |
| − Vacancy | −$4.0k | −$3.00 |
| EGI | $21.5k | $15.96 |
| − OpEx | −$5.4k | −$3.99 |
| NOI | $16.1k | $11.97 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Alanson
- County
- Emmet
- State
- Michigan
- Longitude
- -84.7884769
- Latitude
- 45.4409033
