For sale
  • Price cut: $50K (5/28)
    $99,900

    3023 Us Highway 23 S, Alpena, MI 49707

    0beds
    1,200sqft
    : 
    Single Family Residence
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $83/sqft
    $-- HOA

    What's special

    Prime locationAmple parking
    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.
    194 days
    on Zillow
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    817
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    31
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