Great Opportunity for a Owner owner-occupied building and business. 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 to 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.
For sale
$149,900
3023 Us Highway 23 S, Alpena, MI 49707
1beds
1,200sqft
Est.:
Single Family Residence
Built in 1950
-- sqft lot
$-- Zestimate®
$125/sqft
$-- HOA
What's special
Prime locationAmple parking
- 87 days
- on Zillow |
- 1,017 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: February 18, 2025 at 04:23am
Listed by:
616-250-6751,
eXp Realty
Source: My State MLS,MLS#: 11416761
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Breakfast Room, Dining Room, First Floor Bathroom, Kitchen
Kitchen
- Features: Open, Laminate Counters
Basement
- Area: 0
Heating
- Natural Gas, Forced Air, Zoned
Cooling
- Zoned
Appliances
- Included: Dishwasher, Refrigerator, Microwave, Oven, Water Heater, Stainless Steel Appliances
Features
- Flooring: Laminate, Linoleum
- Basement: Crawl,No Access
- Has fireplace: No
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
- Finished area above ground: 1,200
Property
Accessibility
- Accessibility features: Handicap
Details
- Lease amount: $0
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame, Aluminum Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: Amps(200)
- Sewer: Municipal
- Water: Municipal
- Utilities for property: Naturl Gas Available
Community & HOA
Community
- Security: Alarm, Fire Sprinkler System
HOA
- Has HOA: No
Location
- Region: Alpena
Financial & listing details
- Price per square foot: $125/sqft
- Annual tax amount: $2,300
- Date on market: 1/29/2025
- Date available: 01/14/2025
- Listing agreement: Exclusive
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