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    Alpena, MI
    Strip Mall

    Alpena, MI Strip Malls for Sale

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    Four-Unit Retail Strip Mall
    Updated: Jul 20
    Four-Unit Retail Strip Mall

    2581 S US 23, Alpena, MI 49707

    $299,500
    10,000 sqft 0.64 AC lot
    Four‑unit established commercial rental strip mall with business name on the sign and renter businesses
    Newly roofed property with a new furnace and new carpeting in 2 units
    10,000 SF commercial space with 4 rest rooms
    Block construction with parking lot and public sewer
    One unit includes an overhead door for storage and delivery
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    Four-Unit Retail Strip Mall
    Updated: Jun 30
    Four-Unit Retail Strip Mall

    2581 S US 23, Alpena, MI 49707

    $299,500
    10,000 sqft
    Established four‑unit commercial strip mall in a high‑traffic location
    Recently blacktopped and stripped parking with plenty of parking and paved driveway
    New roof plus new furnace and new carpeting in 2 units
    Approx. 10,000 sq ft total with 4 rest rooms across the property
    One unit includes an overhead door for storage and delivery
    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 6 Potential Opportunities for your consideration. Besides 2 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.

    Retail and Self-Storage Opportunity
    Retail and Self-Storage Opportunity

    2865-2885 Bay Road, Saginaw, MI 48603

    Contact for pricing
    104,899 sqft

    Large multi-use property in Saginaw, zoned B-3, suitable for retail or self-storage concepts.

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    Saginaw Township Strip Center
    Saginaw Township Strip Center

    33 White Tail Creek Rd, Saginaw, MI 48638

    Contact for pricing
    10,110 sqft 1.00 AC lot

    Newer strip center with professional, office, and medical tenants.

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    Unit 1 Storefront Retail Space
    Unit 1 Storefront Retail Space

    845 S Otsego Ave, Gaylord, MI 49735

    Contact for pricing

    Storefront unit 1 on S Otsego Ave available for occupancy September 1 with lease terms under consideration.

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    Multi-Tenant Retail Strip Center
    Multi-Tenant Retail Strip Center

    1384 W Main St., Gaylord, MI 49735

    Contact for pricing

    Nearly-new multi-tenant retail strip center with triple-net tenants and adjacent Panera Bread and ALDI.

    View details

    Alpena, MI Strip Malls Market Trends and Statistics

    Explore 2 strip malls for sale in Alpena, MI on our real estate platform. These investment opportunities span a total of 20,000 square feet of properties for sale, with an estimated market value of $599,000.

    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 3
    Showrooms 1
    Storefront 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 $199.7K

    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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