Thunder Bay Development 416 Ford Ave 1000 Room Hotel Alpena, MI 49707 For Sale

416 Ford Avenue, Alpena, Michigan, is a 90-acre waterfront property presenting a rare mixed-use development opportunity with over 1,600 linear feet of Thunder Bay frontage and 3,400 linear feet along Lake Huron. Planned for commercial, residential, and resort uses, the property is slated to be shovel-ready in approximately 12 months, offering flexibility for a variety of projects. 416 Ford Avenue is zoned under the Waterfront Development District (WD), encouraging a dynamic combination of uses that will support public access, economic growth, and a vibrant waterfront community.

This expansive property offers significant potential for a wide range of development options, including hotels, resorts, retail spaces, and residential units. The site's location is within a five-minute drive from key attractions like the Thunder Bay National Marine Sanctuary and Great Lakes Maritime Heritage Center and a 20-minute drive from Rockport State Recreation Area, making the property ideal for hospitality developments that capitalize on tourism. With the area’s growing interest in maritime heritage and outdoor recreation, this property is well-suited to attract visitors.

Strategically located right off M-32, this property offers easy access to major highways such as US Highway 23, M-65, and Interstate 75. The Alpena County Regional Airport, just 10 minutes away, ensures convenient travel for visitors. Alpena’s growing tourism sector and proximity to outdoor attractions, cultural sites, and downtown amenities make this a prime location for mixed-use development. The area is home to a diverse mix of restaurants, retailers, and hospitality such as Holiday Inn, Walmart, Starbucks, Applebee’s, local establishments, and more, contributing to its vibrant community.

Alpena is undergoing a revitalization, with efforts focused on enhancing its downtown and encouraging investment. The growing demand for tourism-related accommodations, residential properties, and commercial spaces presents a unique opportunity for developers. The combination of natural beauty, rich cultural heritage, and tourism appeal makes Alpena an ideal market for mixed-use projects. 416 Ford Avenue presents a shovel-ready development opportunity and offers significant potential in a thriving, emerging market.