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Building Details

Building Size 6,997 SF

Tenancy Multiple

Spaces For Lease

at 1132 W Chisholm St

1132 W Chisholm St Suite C Active

Size 2,522 SF

Contact us

Listing Agency: Legacy Commercial Properties

Listed By: Jason Yuhasz · License #FLBO

Source: Crexi

Added: Aug 27, 2020 Changed: Oct 13 Last Checked: Oct 14 at 9:51PM

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Investment Insights

Based on property information with market context.

Located in Alpena, the area around 1132 W. Chisholm St. is suitable for retail or strip center tenants. The property is near downtown Alpena, which features local shops, restaurants, and cultural venues. The Thunder Bay National Marine Sanctuary and Underwater Preserve is also nearby. The location offers access to major roadways and community events such as the Michigan Brown Trout Festival. This location is suitable for retail businesses aiming to establish a presence and serve the Alpena market.

Key Highlights

• Close proximity to downtown Alpena with shops, restaurants, and cultural venues, generating foot traffic.
• Ideal location for retail or strip center tenants.
• Easy access to major roadways.

Property Analytics

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Current Use

Sytek Ortho Dental Office Hungry Howie's Pizza Take-out & Catering Family Video Property ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Storage Facility Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

461

Businesses Nearby

53k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 66% Shops & Services 34%

McDonald's Dining

16,468 visits/mo 0.1 miles

Wendy's Dining

11,331 visits/mo 0.1 miles

Shell Shops & Services

7,905 visits/mo 0.2 miles

BP Shops & Services

7,350 visits/mo 0.1 miles

Little Caesars Pizza Dining

6,177 visits/mo 0.1 miles

Demographics for 49707, MI

22,243

Population

11,974

Households

1.9

Avg Household Size

48

Median Age

19%

College-Educated

94%

High-School Grad

215.4 sq mi

ZIP Area

103

Density / Sq Mi

$50,699

Median Household Income

$32,208

Median Earnings

$642

Median Rent

$134,900

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Frequently Asked Questions

What type of property is this?

Retail space - Retail space in Alpena near downtown and local attractions.

Where is this retail space located?

The property is located at 1132 W Chisholm St Alpena, MI.

What are key features of this property?

This property features: Close proximity to downtown Alpena with shops, restaurants, and cultural venues, generating foot traffic.; Ideal location for retail or strip center tenants.; Easy access to major roadways.