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3023 US Highway 23 S Alpena, MI $ 99,900
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$ 99,900 Get more info
3023 US Highway 23 S
$ 99,900
Back to search
Share Save

3023 US Highway 23 S

Alpena, MI, 49707
$ 99,900
Bedrooms-- Baths2.0

Monthly Estimate*

$ 615

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3023 US Highway 23 S, Alpena, MI 49707 - Image 7
3023 US Highway 23 S, Alpena, MI 49707 - Image 8
3023 US Highway 23 S, Alpena, MI 49707 - Image 9
3023 US Highway 23 S, Alpena, MI 49707 - Image 10
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3023 US Highway 23 S, Alpena, MI 49707 - Image 14

Commercial Property for sale in Alpena, MI

for $99,900 with 2 full baths. This building was built in 1950 on a lot size of 0.72.

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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Commercial Pending

Price

$ 99,900

Full Bath

2

Property Type

Commercial

Taxes

$ 2,300

Style

Retail

Lot Size

0.72

Year Built

1950

Town/City

Alpena

County/Region

Alpena

MLS | Web ID

25001774
Features
General
Heating Forced Air
Utilities Natural Gas Available Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Year Built 1950
Township Alpena Twp
Property Subtype Retail
Tax Year 2024
Ownership Private Owned
Business Type Restaurant
County Alpena
New Construction N
Property Type Commercial Sale
Full Baths 2
Status Pending
Directions US 23 / Werth Rd - South to Address.
City Alpena
High School District Alpena
Number Of Units Total 1
MLS Area Outside MichRIC Area - Z
Lot Size Units Acres
Lot Size Square Feet 31363.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 2300.0
Lease Renewal Y/N N
MLS Area Minor Outside MichRIC Area - Z
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2025-01-15
Standard Status Pending
Tax Assessed Value 50200
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
Senior Community None
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Exterior
Water Source Well
Inclusions Real Estate Furniture Equipment
Lot Size Area 0.72
Number of Buildings 1
Spa N
Building Area Total 1250.0
Lot Dimensions 45 x 560 x 45 x 560
Lot Size Acres 0.72
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Heating Y/N Y
Total Baths 2
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Internal Only
Street Number 1 3023
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* Excluded Features
List By
Exp Realty Llc

Broker

rprg.corp@gmail.com

Email

Affordability Calculator

$807
Per Month
76%
24%
0%
Monthly Principal & Interest
$615
Monthly Property Taxes
$192
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4212385 Elementary School
4212383 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/28/2025$99,900 -33.36% Price Down
1/15/2025$149,900 Listed Price

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3023 US Highway 23 S, Alpena, MI, 49707 is a Commercial Property for sale at $99,900 with a lot size of 0.72. 3023 US Highway 23 S has 2.0 baths and was built in 1950. The property's zip code is 49707 which is in Alpena, MI

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