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    Alpena, MI
    Strip Mall

    Alpena, MI Strip Malls 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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Alpena, 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.

    Shopping Center with Pylon Signage
    Shopping Center with Pylon Signage

    2838 E Court St, Flint, MI 48506

    $1,000,000
    19,272 sqft

    The center has access from both East Court Street and Dort Highway.

    View details
    Multi-Tenant Shopping Center
    Multi-Tenant Shopping Center

    1508 N Mitchell St, Cadillac, MI 49601

    $2,340,000
    47,945 sqft

    Established retail center with renovated suites, long-term leases, and a large vacant space configured for major-store use.

    View details
    Four-Unit Strip Mall with Warehouse
    Four-Unit Strip Mall with Warehouse

    Flint, MI 48504

    $75,000
    5,782 sqft

    Four commercial spaces combine retail, office, and warehouse functionality near a heavily traveled road intersection.

    View details
    Multi-Tenant Shopping Center
    Multi-Tenant Shopping Center

    2100 North Mitchell Street, Cadillac, MI 49601

    $500,000
    44,100 sqft

    Retail center with multiple access points, pylon signage, on-site parking, and a varied roster of national, regional, and local tenants.

    View details

    Alpena, MI Strip Malls Market Trends and Statistics

    Explore 1 strip malls 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 retail strips 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 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 $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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    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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