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    Alpena, MI
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    Alpena, MI Mixed-use Properties for Sale

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    Crittenden, KY Posen, MI Herron, MI
    Mixed-Use Commercial Property, Alpena
    $288,000
    2,348 SF

    Mixed-Use Commercial Property, Alpena

    2160 US 23 S, Alpena, MI 49707

    High-visibility mixed-use property with retail/office space and residential unit.

    • High‑visibility corner location on two main roads with excellent exposure.
    • Mixed‑use property with commercial space on the main level and a 3‑bedroom living area upstairs.
    • Flexible commercial potential suitable for retail, showroom, service, or vehicle sales/rental.
    • Newer roof, furnace, and electric panel.
    • Two parking lots (front and rear) and 3 separate access points.
    Updated: Jan 13
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    Versatile Commercial Property with Apartment
    $175,000
    3,500 SF

    Versatile Commercial Property with Apartment

    4782 Werth Road, Alpena, MI 49707

    Commercial property with retail, warehouse, and apartment in Alpena.

    • High‑visibility location on nearly an acre.
    • Versatile commercial property with over 3100 sq ft.
    • Retail/showroom, offices, and spacious warehouse with overhead door.
    • 1‑BR, 1‑bath apartment for on‑site living or rental income.
    • Recent capital improvements: new roof (within 5 years) and newer siding.
    Updated: Oct 21, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Alpena, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Indian River Redevelopment Opportunity
    $1,100,000
    3,088 SF

    Indian River Redevelopment Opportunity

    Highway frontage, waterfront access, and tourism-driven demand in Northern Michigan.

    6031 M-68, Indian River, MI 49749
    View details
    Move-in Ready Commercial Office Space
    $225,000

    Move-in Ready Commercial Office Space

    Commercial office near recreational attractions with excellent highway exposure.

    4878 S Straits Highway, Indian River, MI 49749
    View details
    Downtown Gaylord Mixed-Use Building
    $325,000
    4,822 SF

    Downtown Gaylord Mixed-Use Building

    Commercial building with mixed-use potential and ample parking.

    144 W Main Street, Gaylord, MI 49735
    View details
    Mixed-Use Property in Downtown Gaylord
    $1,725,395

    Mixed-Use Property in Downtown Gaylord

    Three-story mixed-use property with office, retail, and restaurant spaces.

    139-147 W. Main Street |, Gaylord, MI 49735
    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.

    Spacious Commercial Building on M-65
    $480,000
    5,500 SF

    Spacious Commercial Building on M-65

    Large commercial building with living space on heavily traveled M-65.

    4271 N M-65, Hale, MI 48739
    View details
    Industrial Park Land For Sale
    $40,000
    2.00 Acres

    Industrial Park Land For Sale

    Two-acre industrial park land with city amenities.

    0 18 Progress Street, West Branch, MI 48661
    View details
    Industrial Park Land For Sale
    $40,000
    2.00 Acres

    Industrial Park Land For Sale

    Two-acre industrial park land with city amenities.

    0 4 Progress Street, West Branch, MI 48661
    View details
    Elmira Land Parcel on Woodward
    $63,900
    1.60 Acres

    Elmira Land Parcel on Woodward

    1.6-acre parcel with meadow and woods near M-32 Highway.

    V/L 1.6AC Woodward Avenue, Elmira, MI 49730
    View details

    Alpena, MI Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 2 mixed-use properties for sale in Alpena, MI on our real estate platform. These investment opportunities span a total of 5,848 square feet of properties for sale, with an estimated market value of $463,000.

    Sale prices for multi use buildings in Alpena, MI start at $175,000, averaging $231,500, and reaching up to $288,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 22K
    Population Growth (5Y) +0.7%
    Median Household Income $50,699
    College Educated 25.7%

    High-Yield Neighborhoods for Investment

    Identify Alpena submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    49707 $231.5K

    Taxes & Financing

    Tax Rate (average for all types) 4.00%
    Average Loan-to-Value 65.0%

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