10085 Us -23 Alpena, MI 49707

Property Details for 10085 Us -23

Lot size

2.00 lot acres

Property size

3,888 SF

Property type

Investment properties

Description

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.

Location Insight

City

Alpena

County

Alpena

State

Michigan

Longitude

-83.4347

Latitude

45.1938