Alger County, MI Residential income properties for sale

Updated: Jul 6

Corner Lot Mixed-Use Building

230 W Superior Street, Munising, MI 49862

$225,000

3,200 sqft · 0.16 AC lot

Commercial building on a corner lot in downtown Munising, located a couple blocks from the main hub
Off‑street parking and a street‑level area currently vacant and ready for a business venture
Includes two 2‑bedroom, 1‑bath upper‑level apartments
Additional space includes a basement, attached 1‑car garage, and storage area
Alley borders the rear of the site

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Updated: Dec 17, 2025

Versatile Commercial Building in Munising

Munising, MI 49862

$399,000

4,800 sqft · 0.16 AC lot

Lower level 1‑2 bedroom apartment offers potential for owner occupancy, employee housing, or rental income.
Functional main‑level layout with multiple private rooms, spacious waiting area, and existing plumbing, suitable for various service‑based businesses.
Ample parking in the rear with convenient alley access.
Strong street visibility on E Superior Street.
Adaptable interior configuration allows for a wide range of commercial or mixed‑use opportunities.

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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 2 Active listings in Alger County, MI, we suggest exploring several alternatives: similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

Land with Apple Trees

E 9858 Negilski Road, Munising, MI 49862

$69,900

1.73 AC lot

1.78 acres with well, septic, and apple trees.

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Munising Wooded Land For Sale

H58 Highway, Munising, MI 49862

$49,000

3.50 AC lot

3.5 acres of wooded land near Pictured Rocks.

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93 Acres on Anna River

County Road 577 lot: Anna River Rdp, Munising, MI 49862

$146,475

93.00 AC lot

93 acres with 4,500 FF on the Anna River.

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City Block Land in Au Train

3/4 BLOCK 25 N Oak Street, Au Train, MI 49806

$100,000

2.10 AC lot

Large wooded parcel near Lake Superior with development potential.

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Off-Market Properties in Alger County, MI

Consider similar Off-Market properties in Alger County, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Land

0 Ackerman Lake Rd, Munising, MI 49862

Value Estimation by Request

1.70 AC lot

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Farms

M-28 Deerton Mi 49822, Deerton, MI 49822

Value Estimation by Request

10.02 AC lot

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Land

0 Tbd Billie Helmer Rd, Deerton, MI 49822

Value Estimation by Request

240.00 AC lot

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Alger County, MI Residential Income Properties Market Trends and Statistics

Explore 5 residential income properties for sale in Alger County, MI on our real estate platform. These investment opportunities span a total of 8,000 square feet of properties for sale, with an estimated market value of $624,000.

Sale prices for residential income properties in Alger County, MI start at $225,000, averaging $312,000, and reaching up to $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.