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3023 Us Highway 23 S

Alpena, MI 49707
  • $149,900
  • STATUS: Active
  • ON SITE: 95 Days
  • MLS #: 25001774
UPDATED: 30 min ago
$149,900
  • 0
    BEDS
  • 0.72
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

School District:

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.

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© 2025 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2025-04-21T16:34:59.433.
www.bhhssnyder.com/homes/159461328
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3023 Us Highway 23 S Alpena, MI 49707

  • Price: $149,900
  • Status: Active
  • On Site: 95 Days
  • Updated: 30 min ago
  • MLS #: 25001774
0
Beds
2
Baths
0
½ Baths
0.72
Acres
1950
Built
Neighborhood:
Alpena Twp
County:
Alpena
School District:
Alpena
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.
Exterior Features

Construction Materials [] Foundation Details [] Road Surface Type [] Roof [] Waterfront Features [] Waterfront YN No

Interior Features

Building Features [] Cooling [] Heating Forced Air Heating YN Yes

Property Features

Auction Or For Sale For Sale Business Type Restaurant Cross Street Gordon / Wayne Inclusions Real EstateFurnitureEquipment Lease Considered YN No Listing Terms ConventionalCash New Construction YN No Property Sub Type Retail Sewer Public Sewer Tax Annual Amount 2300 Tax Year 2024 Tenant Pays [] Utilities Natural Gas AvailableNatural Gas ConnectedElectricity ConnectedCable ConnectedSewer Available Water Source WellPublic

Listing provided courtesy of Thomas Rumble of EXP Realty LLC: 269-600-4397. © 2025 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.


© 2025 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2025-04-21T16:34:59.433.
 
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