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
Price cut: $50K (5/28)
$99,900
3023 Us Highway 23 S, Alpena, MI 49707
0beds
1,200sqft
Est.:
Single Family Residence
Built in 1950
-- sqft lot
$-- Zestimate®
$83/sqft
$-- HOA
What's special
Prime locationAmple parking
- 194 days
- on Zillow |
- 817 |
- 31 |
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