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    3023 Us Highway 23 S Alpena, MI 49707

    New
    Pending
    For Sale
    $99,900

    SINGLE_FAMILY - Alpena, MI

    Type:Retail
    Property size:
    1,250 SF
    Lot size:
    0.72 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 9 at 11:06 am

    Property Features for 3023 Us Highway 23 S

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Pending
    Rooms
    Bathroom 2, Bathroom 1
    Bathrooms
    2
    APN
    011-003-000-085-00
    Size
    1,250 SF
    Lot size
    0.72 Acres

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Forced Air
    Water source
    Well

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    1

    eXp Realty LLC (888) 501-7085 [email protected]

    Listing agent Thomas A Rumble (616) 250-6751

    Listing date Dec 5, 2025

    Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Classic Diner on Major Thoroughfare

    This nostalgic diner presents an opportunity for entrepreneurs to revitalize a classic 1950s eatery. The property benefits from its location and ample parking. The diner, though currently non-operational, has a solid reputation and exposure from heavy traffic on a major thoroughfare. The property size is 1250 square feet and the lot size is 0.72 acres. Located in Alpena, MI, the diner is positioned on US Highway 23 S. With the right business strategy, this diner has the potential to regain its former glory, making it a promising venture for new startups or established restaurant expansions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Breakfast & diners

    Suggested Use

    Restaurant Spa & Massage Dental Office Building Supply Clothing Store Auto Repair Shop Pharmacy Wholesale Shop Hotel & Motel Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alpena
    County
    Alpena
    State
    Michigan
    Longitude
    -83.463794
    Latitude
    45.031897

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    FAQs

    What type of property is this?
    Breakfast & diner - Revitalize a classic 1950s diner with high traffic exposure.
    Where is this breakfast & diner located?
    The property is located at 3023 Us Highway 23 S Alpena, MI.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: - Prime location on a major thoroughfare with HIGH TRAFFIC EXPOSURE.; - Strong previous patronage and established reputation as a 1950s-style diner.; - Ample parking available.
    (616) 250-6751
    Request Owner's contact information
    3023 Us Highway 23 S Alpena, MI 49707
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    Alpena, MI 49707
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3023 Us Highway 23 S Alpena, MI 49707
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