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Alpena, MI Specialty Properties for Sale

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Hard Corner Retail Center
Updated: Jun 1
Hard Corner Retail Center

3303 W Washington Ave, Alpena, MI 49707

Contact for pricing
44,500 sqft
44,500 SF hard corner retail center shadow‑anchored by Walmart, Home Depot, and Meijer
67% occupancy with existing leased space totaling 14,146 SF
NOI about $360,510 (±) at 67% occupancy
Value‑add through lease‑up of existing 14,146 SF and converting gross leases to NNN
Adjacent to the recently developed Northland Area Federal Credit Union with corporate offices
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Updated Townhome-Style Condominium
Updated: Jul 20
Updated Townhome-Style Condominium

111 Canterbury Ln, Alpena, MI 49707

$169,900
Townhouse‑style condo in Village Green Condominiums, built in 1977
Recently renovated kitchen with 42‑in soft‑close cabinetry, custom spice cabinet, marble countertops, and newer appliances
Open‑concept main level with luxury vinyl plank flooring connecting living, dining, and kitchen
Primary suite with two closets including a walk‑in closet under the staircase and an additional double‑door closet
Renovated full bathroom with ceramic tile walk‑in shower, ceramic tile flooring, and marble‑topped vanity
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

Waterfront Marina Opportunity in Presque Isle
Waterfront Marina Opportunity in Presque Isle

15279 US-23 S, Presque Isle, MI 49777

$974,900
3,879 sqft 0.80 AC lot

Established marina with lake frontage and expansion potential in Michigan.

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Church and Educational Facility
Church and Educational Facility

1200 Meridian Line Road, Johannesburg, MI 49751

$200,000
3,235 sqft 0.63 AC lot

Well-maintained church building with a sanctuary, gathering areas, and classroom-style rooms, sold as-is in AR zoning.

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Waterfront Marina with Shop
Waterfront Marina with Shop

15279 US-23 S, Presque Isle, MI 49777

$974,900
3,879 sqft

Marina property on Grand Lake with 198 feet of lake frontage and on-site shop and marina store.

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Church Property in Rural Setting
Church Property in Rural Setting

1200 Meridian Line Road, Johannesburg, MI 49751

$200,000
3,235 sqft

Well-maintained church with versatile layout in tranquil rural setting.

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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 Near M-32
Commercial Land Near M-32

1930 M-32 W, Alpena, MI 49707

$120,000
2.93 AC lot

2.93 acre commercial land with B2 zoning near M-32.

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Waterfront Land in Cheboygan, MI
Waterfront Land in Cheboygan, MI

9840 N Straits Highway, Cheboygan, MI 49721

$750,000
8.20 AC lot

Desirable waterfront property with multiple possibilities near Inland Waterway.

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Airpark Lot in Sugar Springs
Airpark Lot in Sugar Springs

1674 BYE WAY, Gladwin, MI 48624

$39,900
1.06 AC lot

1-acre lot with airpark access and Sugar Springs amenities.

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Buildable Runway-Access Hangar Lot
Buildable Runway-Access Hangar Lot

6 Hangar Way, Kewadin, MI 49648

$39,900
0.21 AC lot

Commercially zoned, buildable hangar lot with direct runway access and on-site underground electric.

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Alpena, MI Specialty Properties Market Trends and Statistics

Explore 2 specialty properties for sale in Alpena, MI on our real estate platform. These investment opportunities span a total of 44,500 square feet of properties for sale, with an estimated market value of $169,900.

Sale prices for properties in Alpena, MI start at $0.00, averaging $84,950, and reaching up to $169,900 — 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

NNN properties 1

Demographics Overview

Population 22K
Population Growth (5Y) +0.7%
Median Household Income $50,699
College Educated 25.7%

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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