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    Herron, MI
    Retail

    Herron, MI Retail Space 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
    View details
    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Herron, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    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.

    View details
    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.

    View details
    Flex Space with Showroom
    Flex Space with Showroom

    4782 Werth Road, Alpena, MI 49707

    $175,000
    3,500 sqft

    Commercially zoned property combines customer-facing space, warehouse capability, offices, and an upper-level apartment.

    View details
    Retail
    Retail

    301 2nd St, Lincoln, MI 48742

    Contact for pricing
    5,150 sqft

    Retail space · 5,150 SF

    View details

    Herron, MI Retail Space Market Trends and Statistics

    Explore 1 retail space 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 retail space 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%

    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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