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Property profile & analytics
OFF-MARKET
Industrial properties

2219 Us-Highway 23 Alpena, MI 49707

5,000 SF Built 1919
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Industrial properties
Year built 1919
Total area 5,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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