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    Alpena, MI
    Shopping Center

    Alpena, MI Shopping Centers for Sale

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    4-Unit Strip Mall with Overhead Door
    Updated: Jul 20
    4-Unit Strip Mall with Overhead Door

    2581 S US 23, Alpena, MI 49707

    $299,500
    10,000 sqft 0.64 AC lot
    4‑unit strip mall with 10,000 square feet of building area
    One unit includes an overhead door for storage and delivery access
    New roof and new furnace
    New carpeting installed in 2 units
    Four restrooms serving the property
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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 Alpena, 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.

    Vacant Retail Unit in Shopping Center
    Vacant Retail Unit in Shopping Center

    6914 Eastman Avenue Unit SourceFi, Midland, MI 48642

    Contact for pricing
    1,850 sqft

    Vacant retail unit facing the inner mall drive at a retail shopping center with major national tenants.

    View details
    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    144 Hall Street, Traverse City, MI 49684

    $2,950,000
    18,454 sqft 0.72 AC lot

    Brick-and-block retail property with an adaptable open floor plan, exposed beams, and on-site parking.

    View details
    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    104 W Wackerly St, Midland, MI 48640

    Contact for pricing
    11,032 sqft

    Five suites include four occupied spaces and one vacancy within a CC-zoned retail center.

    View details
    Iconic Warehouse MRKT Building
    Iconic Warehouse MRKT Building

    144 Hall St, Traverse City, MI 49684

    $2,950,000
    0.72 AC lot

    Prime mixed-use property in Traverse City's sought-after Warehouse District.

    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.

    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.

    View details
    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.

    View details
    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.

    View details
    Alpena Land with Complete Infrastructure
    Alpena Land with Complete Infrastructure

    NHN Crittenden Court, Alpena, MI 49707

    $1,000,000
    11.39 AC lot

    11.39 acres with complete infrastructure in Alpena's growing area.

    View details

    Alpena, MI Shopping Centers Market Trends and Statistics

    Explore 1 shopping centers for sale in Alpena, MI on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale, with an estimated market value of $299,500.

    Sale prices for plazas in Alpena, MI average $299,500 — 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 3
    Storefront properties 2
    Auto shops 1
    Automotive properties 1
    Grocery and convenience stores 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 $299.5K

    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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    Popular Searches in Alpena, MI

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    Most Searched ZIP Codes in Alpena, MI

    • 49707

    Featured Alpena Real Estate Agencies

    Realmo connects you with licensed Alpena CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Banner Realty
    259 S. Ripley Blvd. Alpena, MI 49707
    Phone: 19893561177
    www.bannerrealty.com

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