3023 US Highway 23 S Active Save Request In-Person Tour Request Virtual Tour
Alpena Twp,MI 49707
Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $119
MLS Listing ID 65025001774
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1950
Annual Tax Amount $2,300
Lot Size 0.720 Acres
Acres 0.72
Lot Dimensions 45 x 560 x 45 x 560
Property Description
Nostalgic Diner presents a unique opportunity for entrepreneurs looking to revitalize a classic 1950s eatery, benefiting from its prime location, ample parking, and strong previous patronage. While currently non-operational due to personal circumstances, the diner boasts a solid reputation and significant exposure from heavy traffic on a major thoroughfare. With some tender loving care and the right business strategy, this diner has the potential to not only regain its former glory but also deliver an attractive CAP rate, making it a promising venture for new startups or established restaurant expansions.
Location
State MI
County Alpena
Area Alpena Twp
Direction US 23 / Werth Rd - South to Address.
Interior
Heating Forced Air
Heat Source Natural Gas
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Well (Existing)
Structure Type Frame,Steel,Wood
Schools
School District Alpena
Others
Tax ID 01100300008500
Ownership Private Owned
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings