Retail

Herron, MI Retail Properties & Spaces for Sale

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Alpena, MI Lachine, MI Hubbard Lake, MI Hillman, MI Ossineke, MI Spruce, MI Posen, MI Curran, MI
Country Store With Rental Units
Updated: Feb 26
Country 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 constructed in 1965
Two remodeled one‑bedroom rental units on the upper level
Sale includes inventory excluding alcohol, liquor license, Lotto & 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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, 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.

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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Vacant Retail Storefront with Storage
Vacant Retail Storefront with Storage

301 & 307 S Second Street, Lincoln, MI 48742

$125,000
5,150 sqft

Vacant commercial storefront with a dedicated parking lot, storage building, and additional on-street parking.

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Flex Property With Warehouse
Flex Property With Warehouse

4782 Werth Road, Alpena, MI 49707

$175,000
3,500 sqft

The property combines showroom, office, warehouse, and apartment components in one commercial building.

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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 Gravel Access
Commercial Land With Gravel Access

1930 M-32 W, Alpena, MI 49707

$120,000
2.93 AC lot

Commercial parcel with public sewer and direct access from a graveled road along M-32.

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B-2 Commercial Land With Utilities
B-2 Commercial Land With Utilities

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

$235,000
3.50 AC lot

Commercial land with municipal water, sewer, natural gas, electric service, and access from a dedicated service drive.

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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 commercial land with completed utility infrastructure and access from M-32 and Crittenden Court.

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Commercial Land With Utilities
Commercial Land With Utilities

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

$235,000
3.49 AC lot

B2-zoned commercial land with municipal water, public sewer, natural gas, and electric service in place.

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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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