10085 Us -23 Highway Alpena, MI $ 389,900
10085 Us -23 Highway
$ 389,900
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10085 Us -23 Highway

Alpena, MI, 49707
$ 389,900
Bedrooms-- Baths-- Sq 3,888

Monthly Estimate*

$ 2,432

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Commercial Property for sale in Alpena, MI

for $389,900. This 3,888 square foot building was built on a lot size of 2.

This well-established restaurant and tavern has been a landmark in the area for generations. Ideally located on scenic US-23 between Alpena and Rogers City, and nestled between two of Northern Michigan's premier lakes, it enjoys year-round traffic. The Average Daily Traffic (ADT) on US-23 in front of the property is 5,845 vehicles, while Grand Lake Road serves as the main route connecting the waterfront community of Presque Isle to Alpena, the region's economic hub. The restaurant benefits from minimal competition, with the nearest bar located miles away on a different road serving a separate market. The spacious dining area spans over 1,800 sq. ft. and features booths, tables, and a 50-foot bar. With a fire department capacity of 250 people, the current layout offers comfortable seating for 88 guests. Separate male and female restrooms are also available for convenience. Behind the bar is a large 28' x 8' walk-in/reach-in cooler with easy access for drink service. The kitchen is well-equipped, with a 9' x 7' walk-in cooler, a 9' x 7' walk-in freezer, a 330 sq. ft. food preparation area, a dedicated dishwasher station with an automatic dishwasher, and a server workstation. Additionally, the basement provides over 1,000 sq. ft. of storage space and houses the mechanical systems. The property also includes a 2-bedroom, 1-bathroom home, perfect for an owner or manager. The paved parking lot accommodates over 35 vehicles, with dual access from both US-23 and Grand Lake Road.

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Commercial Active

Price

$ 389,900

Property Type

Commercial

Taxes

$ 0

Style

BusinessandRealEstate

Lot Size

2

Town/City

Alpena

County/Region

Alpena

MLS | Web ID

58050165576

Features
General
Sewer SepticTank
Heating HotWater NaturalGas Steam
Cooling CentralAir
Utilities CableAvailable ElectricityAvailable NaturalGasAvailable NaturalGasConnected
Roof Asphalt
Construction Materials Concrete
Year Built 0
Township Alpena Township
Property Subtype BusinessandRealEstate
Business Type FoodAndBeverage Restaurant BarTavernLounge
Business Name Hideaway Bar
County Alpena
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Building Features Fixtures Furniture CeilingHeightGreaterthan20ft LivingQuarters EmployeeLunchLounge LivingQuartersDetached PublicRestRooms Restrooms RoofSign Telephone
Status Active
City AlpenaTownship_Alpena
Disclosures FloodInsNotReqd ListingException FloodPlainNone Occupied
Senior Community Y/N N
High School District Alpena
Zoning Description Commercial
MLS Area Area87041AlpenaTwp
Carport Y/N N
Land Lease Y/N N
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 Active
Legal Description T32N R8E SEC 3 COM AT INT OF NELYLN OF US-23N & W LN GRAND LAKE RD TH N39D W 364.6' ALG NELY LN US-23 TH N69D E 278.5' TO W LN GRAND LAKE RD TH S 3D W 387.5' TO POB PART OF SE 1/4 OF SE 1/4
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Exterior
Parking Features ParkingLot OffStreet OnSite Other
Water Source Well
Foundation Details Basement
Spa N
Building Area Total 3888.0
Lot Dimensions 2
Lot Size Acres 2.0
Waterfront Y/N N
Road Frontage Type Highway
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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Internal Only
Street Number 1 10085
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* Excluded Features
List By
Steven Shaw

Listing Agent

Great North Real Estate, Llc

Broker

(989) 884-1294

Phone

Affordability Calculator

$2,432
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
--
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
Pricing History
DatePricePrice ChangeDescription
10/24/2025$389,900 -2.50% Price Down
8/3/2025$399,900 -5.91% Price Down
1/30/2025$425,000 Listed Price

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10085 Us -23 Highway, Alpena, MI, 49707 is a Commercial Property for sale at $389,900 with 3,888 sqft and a lot size of 2. The property's zip code is 49707 which is in Alpena, MI