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2920 Connon St Alpena, MI 49707

  • Investment properties
  • 3,748 SF
  • 0.32 lot acres
OFF-MARKET
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  • Investment properties

Property Details for 2920 Connon St

Year built
1933
Lot size
0.32 lot acres
Property size
3,748 SF
Property type
Investment properties

Description

This exceptional 3,748 square foot Alpena, MI business opportunity presents a unique investment prospect. Currently configured as a ten-bedroom nursing home, the property sits on a 0.32-acre lot at 2920 Connon Street. The building boasts ten generously sized bedrooms, a well-equipped kitchen, and two separate dining areas, providing ample space for residents or potential future uses. Two and a half bathrooms add to the convenience. Included in the sale are essential appliances: a stove, refrigerator, dishwasher, washer, and dryer. Accessibility features are in place, including a front ramp entry, a covered side entry, and four conveniently located access doors. Two outdoor sheds offer additional storage space. While the building could benefit from some minor cosmetic updates ("TLC"), it is ready for immediate occupancy, with a 30-day occupancy period following closing. The property's established history as a nursing home provides a solid foundation for continued operation or a creative repurposing. This presents a compelling opportunity for an investor seeking a turnkey business or a developer looking to capitalize on the property's potential. The asking price is $225,000.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
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Location Insight

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City
Alpena
County
Alpena
State
Michigan
Longitude
-83.4629
Latitude
45.0419
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