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Rise Realty

chris@riserealtymi.com +1(810) 206-2080

$ 99,900

Est. payment | -/mo

2 Baths

1,250 SqFt

Save

$ 99,900

Est. payment | -/mo

Save

2 Baths

1,250 SqFt

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Pending

Purchase Type For Sale

Square Footage 1,250 sqft

Price per Sqft $79

MLS Listing ID 65025001774

Year Built 1950

Lot Size 0.720 Acres

Acres 0.72

Property Sub-Type BusinessandRealEstate

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 Area87041Alpenatwp

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected

View Y/N No

Building

Sewer Public Sewer

Water Public, Well

New Construction No

Schools

School District Alpena

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Thomas A Rumble of EXP Realty LLC

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(810) 206-2080

chris@riserealtymi.com

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3023 US Highway 23 S Alpena Twp, MI 49707