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10085 Us -23 Alpena, MI 49707

Sponsored
For Sale
$425,000

Established Restaurant w/ 2-Bedroom Home

Property size:
3,888 SF

Description

Added:
Feb 3, 2025
Days on Market:
341
This exceptional business opportunity presents a well-established restaurant and tavern ideally situated on US-23 between Alpena and Rogers City, Michigan. Boasting a prime location between two major Northern Michigan lakes, this landmark establishment benefits from high year-round traffic, with an Average Daily Traffic count of 5,845 vehicles on US-23. Its strategic position near Grand Lake Road, a key route connecting Presque Isle and Alpena, ensures consistent customer flow. The property enjoys minimal competition, with the nearest bar situated miles away. The spacious interior features a 1,800 sq. ft. dining area accommodating 88 guests, complete with booths, tables, and a 50-foot bar. A fully equipped kitchen includes a 9' x 7' walk-in cooler and freezer, a 330 sq. ft. prep area, automatic dishwasher, and server workstation. A large 28' x 8' walk-in/reach-in cooler is conveniently located behind the bar. The basement offers over 1,000 sq. ft. of storage and houses mechanical systems. Separate restrooms are provided. The property also includes a 2-bedroom, 1-bathroom home, ideal for owner occupancy or management. Ample parking is available for over 35 vehicles, with dual access points from US-23 and Grand Lake Road. The fire department capacity is 250 people. This turnkey operation is priced at $425,000.

Property Features for 10085 Us -23

General Information

Property type
Investment properties
Square Feet
3,888 SF
Lot Size
87,120 SF

Property Profile Location Intelligence

Current Use by Public Records

Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

Suggested Use

Restaurant Realty agency Storage Facility Bar & Pub Garden Center Electrical Service Pet Grooming Service

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

Location Insight

  • Map
  • Local Demand
City
Alpena
County
Alpena
State
Michigan
Longitude
-83.4347
Latitude
45.19377

FAQs

What type of property is this?
Investment property - Established Restaurant w/ 2-Bedroom Home
Where is this investment property located?
The property is located at 10085 Us -23 Alpena, MI.
What is the asking price?
The asking price for this property is $425,000.
More about this property
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