Retail

Herron, MI Retail Properties & Spaces for Sale

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Alpena, MI Lachine, MI Hubbard Lake, MI Spruce, MI Hillman, MI Ossineke, MI Posen, MI Curran, MI
Grocery Store With Rental Units
Updated: Feb 26
Grocery Store With Rental Units

10010 Werth Road, Herron, MI 49744

$369,000
4,582 sqft 3.10 AC lot
4,582‑square‑foot grocery and convenience store building
Two remodeled 1‑bedroom upper‑level rental units
Includes inventory excluding alcohol, liquor license, Lotto and DNR sales
Former fuel tanks removed and environmental cleanup completed
Newer walk‑in coolers, LED lighting, roof, windows and septic system
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
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.

4-Unit Strip Mall with Overhead Door
4-Unit Strip Mall with Overhead Door

2581 S US 23, Alpena, MI 49707

$299,500
10,000 sqft 0.64 AC lot

B-2-zoned retail property with a paved parking lot and public sewer.

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Storefront Property with Upper-Level Space
Storefront Property with Upper-Level Space

123 W Chisholm Street, Alpena, MI 49707

$800,000
10,820 sqft 0.14 AC lot

Open main-level layout with additional upper-level space and on-site parking.

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Vacant Retail Store with Storage
Vacant Retail Store with Storage

301 & 307 S Second Street, Lincoln, MI 48742

$125,000
5,150 sqft

Commercial storefront with a dedicated parking lot, auxiliary storage building, and additional on-street parking.

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Retail
Retail

301 2nd St, Lincoln, MI 48742

Contact for pricing
5,150 sqft

Retail space · 5,150 SF

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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.

Commercial Land with Utilities
Commercial Land with Utilities

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

$235,000
3.50 AC lot

B2-zoned land has municipal water, sewer, natural gas, and electric service.

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Commercial Land with Utilities
Commercial Land with Utilities

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

$355,000
2.60 AC lot

B-2-zoned land includes municipal water, sewer, natural gas, and electric service.

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Commercial Land with Infrastructure
Commercial Land with Infrastructure

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

$235,000
3.49 AC lot

B-2 commercial land with municipal utilities, natural gas, electric service, and access near Alpena’s M-32 corridor.

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Commercial Land with Utilities
Commercial Land with Utilities

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

$175,000
1.74 AC lot

B-2 commercial land with municipal utilities, natural gas, electric service, and access from M-32 and Crittenden Court.

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Herron, MI Retail Properties & Spaces Market Trends and Statistics

Explore 1 retail properties & spaces 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 $369,000.

Sale prices for stores in Herron, MI average $369,000 — 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

Grocery and convenience stores 1
Storefront properties 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 $369K

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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