$2,500,000 for Sale

145 water, alpena, MI 49707

Beds 9 Baths 5 10,000 Sqft 0.63 Acres 1 of 56
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Property Description
PRICED $1,000,000 BELOW THE APPRAISED VALUE & HUNDREDS OF THOUSANDS OF DOLLARS IN RESTORATION GRANTS ARE STILL AVAILABLE! Built from 1910-12 this building features solid 24” to 30” Indiana Bedford Stone, this 2-story retired Federal Building (Former Post Office) offers so many possibilities. You will be amazed from the minute you walk in by grand architectural detail with domed ceilings and marble floors. At the end of the front lobby / living area is a grand staircase, covered in travertine marble, which leads to the second floor with a long hallway with terrazzo floors all of which are not found in today’s new construction. Located on an oversized lot (0.63 acres), the property includes over 165’ of DEEDED deep-water frontage on the south bank of the Thunder Bay River. Over the last several years, the current owner has periodically allowed large tour boats and barges to take advantage of the deep draft and moor on the sea wall. No other private property is able to offer this great and unique asset. From the rooftop, you have a spectacular breathtaking unimpeded view of the waterfront, draw bridge, downtown Alpena, Alpena Marina, and Thunder Bay/Lake Huron. For the last 10 years, the City of Alpena has approved the property to be used as a private residence, but it is also zoned for commercial use. With over 15,000 sq.ft. (including a full unfinished basement), the possibilities are endless as there are thousands of dollars of grants available to help completely restore this building back to its original glory. This is a perfect venue for a future Rooftop Restaurant, Wedding Chapel, Catering Hall, Bed & Breakfast, Office Building, and Medical Building. Zoned Commercial & Residential. The 1st floor has 5388 Sq. Ft, 2nd floor has 4612 Sq.Ft., and the basement has 5428 Sq.Ft. See attached blueprints and layouts.
Water Name:  thunder bay river
Water Description:  Lake/River Access,River Frontage,Waterfront
General Information
Sale Price: $2,500,000
Price/SqFt: $250
Status: Active
MLS#: 60117264
City: alpena
Post Office: alpena
County: Alpena
Acres: 0.63
Lot Dims: 126x75
Bathrooms:5   (4 full, 1 half)
House Size: 10,000 sq.ft.
Acreage: 0.63 est.
Year Built: 1911
Property Type: Single Family
Features & Room Sizes
Bedroom 1:  16x16
Bedroom 2 :  16x18
Bedroom 3:  16x18
Bedroom 4:  15x16
Family Room: 
Dinning Room:  12x14
Kitchen:  14x15
Livingroom:  14x25
Outer Buildings:  Shed
Pole Buildings: 
Paved Road:  Paved Street
Garage:  No Garage
Exterior:  Stone
Exterior Misc:  Porch
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Appliances:  Disposal,Dryer,Microwave
Heating:  Hot Water,Steam
Fuel:  Natural Gas
Waste:  Public Sanitary
Watersource:  Public Water
Tax, Fees & Legal
Est. Summer Taxes:  $5,445
Est. Winter Taxes:  $705
HOA fees: 

Information provided by East Central Association of REALTORS® Copyright 2023
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Steve Katsaros of KW Metro, Phone: 248-288-3500
(810) 659-6569 Call Lucy Ham for more information about this property.

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Lucy Ham
(810) 659-6569

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This Home located at
145 water, alpena MI 49707
is currently for sale priced at $2,500,000 and was listed on July, 14, 2022 and has been on the market for 326 days and was last updated on February, 02, 2023.

145 water has 9 bedrooms, 5 bathrooms, and approximately 10,000 square feet. and has a lot size of 126x75 with 0.63 acres and was built in 1911. 145 water is in the 49707 ZIP Code area of alpena.

If you have any question about this property or any others, please don't hesitate to contact me.