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Alpena County, MI Residential Income Properties for Sale

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Established Country Store with Rental Units
$395,000
4,582 SF

Established Country Store with Rental Units

10010 Werth Rd, Herron, MI 49744

Landmark store with rental units and expansion potential on 3 acres.

  • 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.
Updated: Mar 2
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Commercial Property with Income Potential
$499,900
1,054 SF

Commercial Property with Income Potential

3216 S Us Highway 23, Alpena, MI 49707

Mixed-use property featuring auto repair, storage units, and residential rental.

  • Highway frontage with high traffic count (10,000+ per day) offers excellent business exposure.
  • Existing auto repair facility provides immediate business opportunity.
  • Includes a three‑bedroom house, suitable for living or renting.
  • Features a 6‑unit storage facility, currently generating rental income.
  • Potential for expansion with room to add more storage units.
Updated: Dec 15, 2025
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Two-Unit Ranch Duplex Investment
$225,000
2,465 SF

Two-Unit Ranch Duplex Investment

Handicap accessible duplex with separate utilities and covered parking.

386 S Brooke St, Alpena, MI 49707
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Lachine Ranch Multifamily Property
$115,000
3,465 SF

Lachine Ranch Multifamily Property

Multifamily property with rental history near state land and lake.

10511 S M-65, Lachine, MI 49753
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 4 Active listings in Alpena County, MI, we suggest exploring several alternatives: plus 1 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.

Wooded Acreage with Hunting Potential
$94,900
30.00 Acres

Wooded Acreage with Hunting Potential

30 acres of wooded land with trails and hunting potential.

30AC Lake Winyah Rd, Alpena, MI 49707
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Alpena County, MI Residential Income Properties Investment Opportunities Market Analysis

Explore 4 residential income properties for sale in Alpena County, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 335,412 square feet of properties for sale, with an estimated market value of $894,900.

Sale prices for residential income properties in Alpena County, MI start at $395,000, averaging $447,450, and reaching up to $499,900 — 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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