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    2205-2219 Us-23 Alpena, MI 49707

    Sponsored
    For Lease
    $7 SF/Yr

    Alpena, MI commercial space available

    Lot size:
    90,979 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Thunder Bay, a 90,979 square foot neighborhood center in Alpena, Michigan, offers diverse commercial spaces for lease. Located at 2205-2219 US-23, Alpena, MI 49707, this Class C property boasts a prime location overlooking the picturesque Thunder Bay. The center recently welcomed Ollie's Bargain Outlet as a new anchor tenant in 2024, enhancing its appeal and drawing increased foot traffic. Available spaces range from a minimum of 900 square feet to a maximum contiguous area of 24,370 square feet, with a total of 38,670 square feet currently vacant. The property is suitable for a variety of uses, including traditional office, executive office, coworking, medical office, creative office, retail, and restaurant spaces. Multiple tenancy options are available. Landlords are willing to negotiate attractive introductory rates and flexible lease terms to accommodate various business needs, welcoming both new and established businesses. The property's diverse offerings and flexible lease options make it an ideal location for businesses of all sizes. Contact us to explore leasing opportunities and discover the perfect space for your business in this vibrant Alpena community.

    Property Features for 2205-2219 Us-23

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    90,979 SF
    Class
    C
    Total Rate
    56861.88

    Unit(s) available at that property

    Space
    2205 Suite 106: END-CAP
    Size
    900 SF
    Rate per SF
    $10
    Space
    2205 Suite 112
    Size
    1,400 SF
    Rate per SF
    $10
    Space
    2205 Suite 132
    Size
    1,400 SF
    Rate per SF
    $10
    Space
    2205 Suite 134
    Size
    3,705 SF
    Rate per SF
    $8
    Space
    2205 Suite 138
    Size
    12,562 SF
    Rate per SF
    $7
    Space
    2205 Suite 144: END-CAP
    Size
    14,976 SF
    Rate per SF
    $7
    Space
    2215
    Size
    1,500 SF
    Rate per SF
    $10

    HighLights

    • 92,117 square foot neighborhood center in Alpena, MI.
    • Located in Alpena County, Michigan, on busy US‑23.
    • Offers convenient access to Lake Huron beaches.
    • Features a large parking area.
    • High visibility and accessibility from US‑23.
    • Newly re‑anchored shopping center with introductory lease rates available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Alpena
    County
    Alpena
    State
    Michigan
    Longitude
    -83.453881326131
    Latitude
    45.043873967988

    Nearby Comparable

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    Nearby Similar for Lease

    • $6 SF/Yr
      17,169 SF

      Alpena Retail Space For Lease

      6,000 SF retail space in Alpena, Michigan available for lease.
      2682 S Us-23, Alpena, MI
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    • Contact for pricing
      6,997 SF

      Alpena Retail Strip Center Opportunity

      High-visibility retail space available.
      1132 Chisholm St, Alpena, MI 49707
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Alpena Center

      92,000 SF neighborhood center with great visibility and access.
      2207-2215 Us-23 S, Alpena, MI
      View Details
    • Contact for pricing
      900 SF

      Retail Center in Alpena, Michigan

      90,979 SF retail center with great visibility and access.
      2205 Us -23 S, Alpena, MI
      View Details

    FAQs

    What type of property is this?
    Restaurant - Alpena, MI commercial space available
    Where is this restaurant located?
    The property is located at 2205-2219 Us-23 Alpena, MI.
    What is the lease rate?
    The lease rate is $7-$10 SF/Yr.
    What are key features of this property?
    This property features: 92,117 square foot neighborhood center in Alpena, MI.; Located in Alpena County, Michigan, on busy US-23.; Offers convenient access to Lake Huron beaches.
    Request Owner's contact information
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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
    2205-2219 Us-23 Alpena, MI 49707
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