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416 Ford Ave - Thunder Bay Development Land 93 Acres of Commercial Land in Alpena, MI 49707
Investment Highlights
- Direct Lake Huron frontage adjacent to downtown Alpena.
- Located in northeast Michigan's largest city.
- Large-scale site suitable for a variety of development concepts.
- Rare 93-acre waterfront development opportunity.
- Positioned within an established Northern Michigan tourism market.
- Access to regional demand supported by statewide tourism activity.
Executive Summary
The property's location benefits from Alpena's established tourism economy and access to Northern Michigan's broader visitor market. The region's extensive freshwater coastline continues to attract seasonal and year-round visitors, while expanded air service through Cherry Capital Airport in Traverse City has increased accessibility from markets across the country. Alpena offers a less congested alternative to some of Northern Michigan's more mature resort destinations, supporting long-term demand drivers for residential, hospitality, mixed-use, and waterfront-oriented development concepts.
The scale of the site allows for a variety of development approaches while maintaining direct access to Lake Huron and the amenities of downtown Alpena. As waterfront development opportunities in established communities become increasingly limited, the property's combination of size, location, and lake frontage distinguishes it within the Northern Michigan market. The offering is further supported by Michigan's tourism sector, which generated $54.8 billion in economic activity and $3.6 billion in state and local tax revenue in 2024, highlighting the significance of tourism-related demand throughout the state.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 93.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | MU - Mixed Use | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 93.00 AC |
| Opportunity Zone |
Yes |
| Zoning | MU - Mixed Use |
1 Lot Available
Lot
| Lot Size | 93.00 AC |
| Lot Size | 93.00 AC |
93-acre Lake Huron waterfront development site adjacent to downtown Alpena. Large-scale land offering with shoreline frontage, regional tourism demand, and access to Northern Michigan amenities.
Description
Thunder Bay Development is a 93.00-acre land site located in Alpena, Michigan. The property is situated directly on Lake Huron and adjacent to downtown Alpena. Marketing materials reference the site's proximity to Northern Michigan tourism destinations and regional transportation access through Cherry Capital Airport in Traverse City. The offering is being marketed by Signature Associates Investment Division.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $4,983,034 CAD |
Property Taxes
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416 Ford Ave - Thunder Bay Development Land
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