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Kami Kennedy

homesbykamikennedy@gmail.com +1(616) 856-4188

$ 149,900

Est. payment -/mo

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3023 US Highway 23 S Alpena, MI 49707

2 Baths

1,250 SqFt

UPDATED:

01/15/2025 04:43 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,250 sqft

Price per Sqft $119

Municipality Alpena Twp

MLS Listing ID 25001774

Full Baths 2

Year Built 1950

Annual Tax Amount $2,300

Tax Year 2024

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 Outside Michric Area - Z

Direction US 23 / Werth Rd - South to Address.

Interior

Heating Forced Air

Inclusions Real Estate, Furniture, Equipment

Exterior

Utilities Available Natural Gas Available, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available

View Y/N No

Building

Sewer Public Sewer

Water Well, Public

New Construction No

Schools

School District Alpena

Others

Tax ID 011-003-000-085-00

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by EXP Realty LLC

Kami Kennedy

Agent | License ID: ric.h18672

+1(616) 856-4188

Kami Kennedy

3023 US Highway 23 S Alpena, MI 49707

Key Details

Location

Interior

Exterior

Building

Schools

Others

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3023 US Highway 23 S