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    Alpena, MI
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    Alpena, MI Retail Properties & Spaces for Sale

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    6 properties
    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.
    View details
    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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    Auto Repair Property with Storage Units
    Auto Repair Property with Storage Units

    3216 S US Highway 23, Alpena, MI 49707

    $499,900
    1,054 sqft 4.60 AC lot

    Multi-tenant auto repair, rental home, and six rented storage units on B-2 zoned acreage off US Highway 23.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Alpena Retail Strip Center Space
    Alpena Retail Strip Center Space

    2682 S. US-23, Alpena, MI 49707

    Contact for pricing
    19,000 sqft

    Retail spaces available in established Alpena strip center.

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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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    Classic Diner on Major Thoroughfare
    Classic Diner on Major Thoroughfare

    3023 US Highway 23 S, Alpena, MI 49707

    $99,900
    1,250 sqft 0.72 AC lot

    Revitalize a classic 1950s diner with high traffic exposure.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 Active listings in Alpena, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Lincoln, MI Commercial Opportunity
    Lincoln, MI Commercial Opportunity

    301 & 307 S Second Street, Lincoln, MI 48742

    $165,000
    5,150 sqft

    Vacant retail store with parking and storage building for sale.

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    Automotive Service Garage on Land
    Automotive Service Garage on Land

    24195 Carrier Road, Hillman, MI 49746

    $170,000
    2,400 sqft 1.45 AC lot

    Spray-foam insulated 60-by-40 service shop with in-floor heating and included lift equipment on commercial-zoned land.

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    Established Sporting Goods Business For Sale
    Established Sporting Goods Business For Sale

    141 State Street, Hillman, MI 49746

    $815,000
    5,934 sqft

    Reputable sporting goods business in Northern Michigan with real estate.

    View details
    Former Pharmacy Retail Building
    Former Pharmacy Retail Building

    301 2nd St, Lincoln, MI 48742

    $115,000
    3,400 sqft

    Former pharmacy building with added lot and storage, well suited for a range of retail, office, or community uses.

    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.

    Alpena Commercial Land For Sale
    Alpena Commercial Land For Sale

    M-32/Crittenden Court lot: 9, Alpena, MI 49707

    $355,000
    2.60 AC lot

    Commercial land with complete infrastructure in a high-traffic area.

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    Alpena Commercial Land For Sale
    Alpena Commercial Land For Sale

    M-32/Crittenden Court lot: 6, Alpena, MI 49707

    $235,000
    3.50 AC lot

    Commercial land with complete infrastructure in Alpena's growing area.

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    Alpena Commercial Land For Sale
    Alpena Commercial Land For Sale

    M-32/Crittenden Court lot: 7, Alpena, MI 49707

    $235,000
    3.49 AC lot

    Commercial land with complete infrastructure in a high-traffic area.

    View details
    Alpena Commercial Land For Sale
    Alpena Commercial Land For Sale

    M-32/Crittenden Court lot: 8, Alpena, MI 49707

    $175,000
    1.74 AC lot

    Commercial land with complete infrastructure in a high-traffic area.

    View details

    Off-Market Properties in Alpena, MI

    Consider similar Off-Market properties in Alpena, 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.

    2205-2219 Us-23
    Restaurants

    2205-2219 Us-23, Alpena, MI 49707

    Value Estimation by Request
    90,979 sqft
    View details

    Alpena, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 7 retail properties & spaces for sale in Alpena, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 16,514 square feet of properties for sale, with an estimated market value of $2,062,800.

    Sale prices for stores in Alpena, MI start at $99,900, averaging $294,685, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 4
    Showrooms 2
    Auto shops 1
    Automotive properties 1
    Storefront properties 1

    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 $254.3K

    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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    Most Searched ZIP Codes in Alpena, MI

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