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145 Water

Alpena, MI 49707
  • $2,500,000
  • STATUS: Active
  • ON SITE: 258 Days
  • MLS #: 20221018506
$2,500,000
  • 9
    BEDS
  • 0.63
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 10,000
    SQFT
  • $250
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1911
County:

School Ratings & Info

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 todays 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.

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[MiRealSource] logo ©2023 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Rising Team | RE/MAX Main Street Realty. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2023-03-29T23:49:46.483.
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145 Water Alpena, MI 49707

  • Price: $2,500,000
  • Status: Active
  • On Site: 258 Days
  • MLS #: 20221018506
9
Beds
4
Baths
1
½ Baths
0.63
Acres
10,000
SQFT
$250
$/SQFT
1911
Built
Neighborhood:
Alpena (04013)
County:
Alpena
Area:
Alpena (04013)
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 todays 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.
Exterior Features

Exterior Construction Stone Exterior Features Porch Foundation Type Basement Frontage 126 Lake Name Thunder Bay River Lot Size 126X75 Roads Paved Street Structure Style 2 Story Substructure Types Shed Water Features Lake/River AccessRiver FrontageWaterfront Waterfront YN Yes

Interior Features

Appliances DisposalDryerMicrowave Basement Type Unfinished Basement YN Yes Below Grade Sq Ft 5428 Fireplace YN No Fuel Type Natural Gas Heating System Hot WaterSteam Interior Features Cable/Internet Avail. Total Rooms 19 Water Heater Gas

Property Features

Assessments Amount 0 Association Fee YN No Financial Terms CashConventional For Sale Or Rent For Sale Lease YN No Manufactured YN No Municipality Alpena Municipality Type City Occupancy Days Close Plus 30 Days Ownership Private Principal Res Exempt YN Yes SEV 159900 Sewer Septic Public Sanitary Subject To Short Sale Approval No Summer Tax Amount 5445 Total Tax Amount 6150 Water Public Water Winter Tax Amount 705

Listing courtesy of Kw Metro : 248-288-3500.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2023 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Rising Team | RE/MAX Main Street Realty. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2023-03-29T23:49:46.483.
 
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