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    Herron, MI
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    Herron, MI Multifamily Properties for Sale

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    Alpena, MI Lachine, MI Hubbard Lake, MI Hillman, MI Crittenden, KY Ossineke, MI Posen, MI Spruce, MI
    Country Store with Liquor License
    Updated: Feb 26
    Country Store with Liquor License

    10010 Werth Road, Herron, MI 49744

    $395,000
    4,582 sqft 3.10 AC lot
    Established country store with liquor license, Lotto & DNR sales included.
    High‑demand location with no gas stations for 20 miles and no other stores nearby.
    Includes adjacent 1.6‑acre parcel, offering expansion opportunities.
    Two remodeled 1‑bedroom rental units upstairs provide extra income.
    Recent upgrades include newer walk‑in coolers, LED lighting, roof, windows, and septic system.
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Herron, 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.

    Victorian Duplex with Two Car Garage
    Victorian Duplex with Two Car Garage

    328 W Washington Avenue, Alpena, MI 49707

    $264,900
    2,352 sqft 0.20 AC lot

    Victorian-style duplex offers two bedrooms and one full bath per unit, updated kitchens and bathrooms, plus a two-car garage parking area.

    View details
    Updated Multi-Family Income Property
    Updated Multi-Family Income Property

    310 W Campbell Street, Alpena, MI 49707

    $224,900
    2,273 sqft

    A well-presented older multi-family with updated interiors and coin-operated laundry for tenant convenience.

    View details
    Lake Huron Cabin Investment Opportunity
    Lake Huron Cabin Investment Opportunity

    4060 S US-23 Hwy, Greenbush, MI 48738

    $450,000
    7.45 AC lot

    Rental cabins with lake views on 7.45 acres.

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    Lake Huron Cabin Investment Opportunity
    Lake Huron Cabin Investment Opportunity

    4060 S US-23 Hwy, Greenbush, MI 48738

    $450,000
    7.45 AC lot

    Rental cabins with lake views on 7.45 acres.

    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.

    Recreational Lot with Boat Slip
    Recreational Lot with Boat Slip

    831 S Main Street, Au Gres, MI 48703

    Contact for pricing
    0.01 AC lot

    Recreational condo lot at Sleepy Oaks Harbour with a boat slip for up to a 25' boat and associated trailer improvements.

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    Sanford Vacant Land with Utilities
    Sanford Vacant Land with Utilities

    978 timberlynn trail, Sanford, MI 48657

    Contact for pricing
    0.80 AC lot

    Two lots with water and electric hookups, lake access.

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    Private Campground Lot with Hookups
    Private Campground Lot with Hookups

    4537 Pine Run, Farwell, MI 48622

    $41,500
    0.75 AC lot

    Residentially zoned camping lot with three 30-amp electric hookups and septic connections, already prepped with pads.

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    Elevated Farmland Development Parcel
    Elevated Farmland Development Parcel

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    $2,600,000
    74.20 AC lot

    Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

    View details

    Herron, MI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Herron, MI on our real estate platform. These investment opportunities span a total of 4,582 square feet of properties for sale, with an estimated market value of $395,000.

    Sale prices for multifamily properties in Herron, MI start at $395,000, averaging $395,000, and reaching up to $395,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 843
    Population Growth (5Y) -0.9%
    Median Household Income $74,000
    College Educated 20.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49744 $395K

    Taxes & Financing

    Tax Rate (average for all types) 2.85%
    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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