3023 US Highway 23 S, Alpena, MI 49707
sale
$99,900
|
Retail
Courtesy Of eXp Realty LLC
39555 Orchard Hill Place, Novi, MI 48375
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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Property Features
- Age: Over 50 Years Old
- Building Units: 1
- Floors: 1
- Heating System: Forced Air
- Legal Description: T30N R8E SECTION 3 COMMENCING AT A POINT S OF SECTION LINE COMMON TO SECTIONS 3 & 4 245.48 FEET FROM NW SECTION CORNER
- MLSID: 25001774
- Rooms: Bathroom 2
- Rooms: Bathroom 1
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