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    2219 Us-Highway 23 Alpena, MI 49707

    Sponsored
    For Sale
    $290,000

    Established Bridal Shop, Turnkey Operation

    Property size:
    5,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional business opportunity presents the chance to acquire a thriving, family-owned bridal salon in Alpena, MI. Located on US Highway 23, this well-established business boasts over 18 years of success in a three-county area, serving as the sole bridal salon within its region. The sale includes all fixtures, furniture, equipment, inventory (including a stunning collection of wedding gowns, veils, headpieces, jewelry, accessories, prom dresses, shoes, tuxedos, suits, and gifts), and the existing website. The 5,000 square foot leased space offers ample parking for customer convenience. Full-service alterations are offered, enhancing customer satisfaction and providing a valuable additional revenue stream. The business caters to a wide range of events, including weddings, proms, and other special occasions, along with gift sales. The current owner is retiring and will provide comprehensive training to ensure a smooth transition for the new owner. This turnkey operation offers immediate revenue generation with an established customer base and significant growth potential. Minimal marketing competition and a strong reputation provide a solid foundation for continued success. This is an unparalleled opportunity for an entrepreneur seeking a profitable and established business.

    Property Features for 2219 Us-Highway 23

    General Information

    Property type
    Industrial properties
    Square Feet
    5,000 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Alpena
    County
    Alpena
    State
    Michigan
    Longitude
    -83.45517
    Latitude
    45.04382

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    FAQs

    What type of property is this?
    Industrial property - Established Bridal Shop, Turnkey Operation
    Where is this industrial property located?
    The property is located at 2219 Us-Highway 23 Alpena, MI.
    What is the asking price?
    The asking price for this property is $290,000.
    (248) 628-7700
    Request Owner's contact information
    2219 Us-Highway 23 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
    2219 Us-Highway 23 Alpena, MI 49707
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