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    Alpena, MI
    Mixed-Use

    Alpena, MI Mixed-use Properties for Sale

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    Mixed-Use Commercial Property, Alpena
    Updated: Jan 13
    Mixed-Use Commercial Property, Alpena

    2160 US 23 S, Alpena, MI 49707

    $288,000
    2,348 sqft
    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.
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    Mixed-Use Commercial Property with Warehouse
    Updated: Oct 21, 2025
    Mixed-Use Commercial Property with Warehouse

    4782 Werth Road, Alpena, MI 49707

    $175,000
    3,500 sqft 0.99 AC lot
    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.
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    Downtown Alpena Mixed-Use Building
    Downtown Alpena Mixed-Use Building

    105 N 2nd Avenue, Alpena, MI 49707

    $530,000
    3,662 sqft

    Historic building with retail space and renovated apartment.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

    Mixed-Use Building with Commercial Space
    Mixed-Use Building with Commercial Space

    525 W Mitchell Street, Petoskey, MI 49770

    $1,870,000
    10,580 sqft

    Multi-unit property with office/retail spaces and on-site rentals, including off-street parking.

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    Downtown Gaylord Mixed-Use Building
    Downtown Gaylord Mixed-Use Building

    144 W Main Street, Gaylord, MI 49735

    $325,000
    4,822 sqft

    Commercial building with mixed-use potential and ample parking.

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    Mixed-Use Property in Downtown Gaylord
    Mixed-Use Property in Downtown Gaylord

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

    $1,725,395
    15 sqft

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

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    Mixed-Use Building with Rental Micro-Units
    Mixed-Use Building with Rental Micro-Units

    525 W Mitchell St, Petoskey, MI 49770

    $1,930,000
    22,405 sqft

    Commercially zoned building across from a regional hospital with micro rental units and office/retail space.

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    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
    Spacious Commercial Building on M-65

    4271 N M-65, Hale, MI 48739

    $480,000
    5,500 sqft 4.00 AC lot

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

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    Industrial Park Land For Sale
    Industrial Park Land For Sale

    0 18 Progress Street, West Branch, MI 48661

    $40,000
    2.00 AC lot

    Two-acre industrial park land with city amenities.

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    Industrial Park Land For Sale
    Industrial Park Land For Sale

    0 4 Progress Street, West Branch, MI 48661

    $40,000
    2.00 AC lot

    Two-acre industrial park land with city amenities.

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    Elmira Land Parcel on Woodward
    Elmira Land Parcel on Woodward

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

    $63,900
    1.60 AC lot

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

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    Alpena, MI Mixed-Use Properties Market Trends and Statistics

    Explore 3 mixed-use properties for sale in Alpena, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,510 square feet of properties for sale, with an estimated market value of $993,000.

    Sale prices for multi use buildings in Alpena, MI start at $175,000, averaging $331,000, and reaching up to $530,000 — 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 average listing prices of real estate assets

    Neighborhood Average Price
    49707 $331K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Alpena County

    New Delisted

    Total CRE Inventory on Market (SF)

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