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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
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Share Save

3023 US Highway 23 S

Alpena, MI, 49707
$ 99,900
Bedrooms-- Baths2.0 Sq 1,250

Monthly Estimate*

$ 623

3023 US Highway 23 S, Alpena, MI 49707 - Image 1
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3023 US Highway 23 S, Alpena, MI 49707 - Image 6
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 13
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 1,250 square foot 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

BusinessandRealEstate

Lot Size

0.72

Year Built

1950

Town/City

Alpena

County/Region

Alpena

MLS | Web ID

65025001774
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Utilities CableConnected ElectricityConnected NaturalGasConnected
Possession CloseOfEscrow
Construction Materials Frame SteelSiding WoodSiding
Year Built 1950
Property Subtype BusinessandRealEstate
Tax Year 2024
Business Type Retail
County Alpena
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Building Features Furniture
Status Pending
Directions US 23 / Werth Rd - South to Address.
City AlpenaTownship_Alpena
Disclosures NonConformingZoning
Senior Community Y/N N
High School District Alpena
Number Of Units Total 1
MLS Area Area87041AlpenaTwp
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2300.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
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
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Exterior
Water Source Public Well
Lot Size Area 31363.0
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
Other Equipment Other
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Total Baths 2
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Internal Only
Street Number 1 3023
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* Excluded Features
List By
Thomas A Rumble

Listing Agent

Exp Realty Llc

Broker

(616) 250-6751

Phone

Affordability Calculator

$815
Per Month
76%
24%
0%
Monthly Principal & Interest
$623
Monthly Property Taxes
$192
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
848438 Elementary School
848203 Middle School
Unknown High School High School
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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 1,250 sqft and 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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