For Sale. Looking for a visionary and creative individual ready to take advantage of a unique property in a high-demand area. Someone who will appreciate that this place is one historic hidden gem. The historic building on Water Street at 1st Avenue in downtown Alpena, once a post office, is on the market and the sky's the limit when it comes to the future of this landmark.

The 2-story retired Federal Building has been a passion project of the current owner who purchased the building and has transformed it into a private residence. After years of restoration on much of the building, the building that features solid 24” to 30” Indiana Bedford Stone is on the market for $3 million.

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Keeping in mind location is everything, you can't do much better than this. According to this listing, the property includes over 165’ of deeded deep-water frontage on the south bank of the Thunder Bay River. From the rooftop, which would make an amazing outdoor patio area, the views are breathtaking. From the drawbridge, the river, and downtown Alpena you can't go wrong.  Face it, the property and building together make it a  hotspot of potential.

Yes, currently the building is being used as a private residence, and it is zoned for such, but it is also zoned for commercial use. Think about venue, loft apartments, restaurant for boaters pulling up to dock, or small boutique hotel. The possibilities and truly endless. There are over 15,000 sq. ft. which includes a full unfinished basement.  According to the listing, there are thousands of dollars of grants available to help completely restore this building to its original grandeur.

Have the vision to turn this place into something incredible? Take a look inside.

For Sale: Historic Alpena Post Office Transformed Into Elegant $3M Residence

Potential and location, what more do you need? Someone saw a bit of both when they purchased this historic Alpena Federal Building that was once a Post Office. The inside comes as a surprise as you walk through the doors of the building constructed in 1910 with an entire elegant residence. Although there are 15,000 square feet of space, there is only 1 bedroom and 1 bathroom for accommodations. The building has an added plus with 165' of frontage on the south bank of the Thunder Bay River.
When it comes to potential the possibilities are endless. The property is zoned for commercial use and the new owner could create a venue for weddings and parties, bed & breakfast, or additional lofts for living. It is currently listed for $3M, and the building is offered below appraisal and options for thousands of dollars in restoration grants. Take a look inside!

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