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    Alpena, MI Storefront Properties for Sale

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    Presque Isle, MI Herron, MI Posen, MI Ossineke, MI Lachine, MI Spruce, MI Hubbard Lake, MI Black River, MI
    Storefront Property with Upper-Level Space
    Updated: Sep 1
    Storefront Property with Upper-Level Space

    123 W Chisholm Street, Alpena, MI 49707

    $800,000
    10,820 sqft 0.14 AC lot
    10,820 square feet of total property size
    0.14‑acre parcel in downtown Alpena
    Open main‑level storefront layout
    Additional upper‑level space
    Rear access to an on‑site parking lot
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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
    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 7 Potential Opportunities for your consideration. Besides 2 Active listings in Alpena, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Road-Front Retail Storefront
    Road-Front Retail Storefront

    12075 West St, Atlanta, MI 49709

    $521,000
    8,000 sqft

    Single-tenant retail space with strong US 32 frontage and a long-term Family Dollar lease renewal.

    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
    Remodeled Storefront with Flexible Layout
    Remodeled Storefront with Flexible Layout

    12430 State Street, Atlanta, MI 49709

    $95,000
    1,680 sqft 0.06 AC lot

    Remodeled commercial storefront with adaptable interior space, public sewer, and visibility along M-32 near M-33.

    View details
    Storefront with Storage Building
    Storefront with Storage Building

    301 S Second Street, Lincoln, MI 48742

    $98,500
    3,400 sqft 0.11 AC lot

    Commercial 201 zoning, block construction, parking lot, and a furnace replaced in 2018 define this former pharmacy property.

    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: 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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    Alpena, MI Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in Alpena, MI on our real estate platform. These investment opportunities span a total of 20,820 square feet of properties for sale, with an estimated market value of $1,099,500.

    Sale prices for retail units in Alpena, MI start at $299,500, averaging $549,750, and reaching up to $800,000 — 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

    Shopping centers 2
    Storefront properties 2
    Auto shops 1
    Automotive properties 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 $543.2K

    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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    • 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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