3023 Us Highway 23 S Alpena, MI 49707

Property Details for 3023 Us Highway 23 S

Lot size

0.72 lot acres

Property type

Commercial real estate

APN

011-003-000-085-00

APU

1100300008500

Description

This 1,250 square foot industrial property, located at 3023 US Highway 23 in Alpena, Michigan, presents a unique investment opportunity. Situated on a 0.72-acre lot, this classic 1950s diner offers significant potential for redevelopment. Currently non-operational, the property benefits from a highly visible location on a major thoroughfare, ensuring substantial traffic exposure. The diner previously enjoyed strong patronage, establishing a solid reputation within the community. Ample parking is available for customers. The building requires renovation and updating to return it to operational status. This presents a chance for an entrepreneur to revitalize a beloved local landmark. The property's prime location and established history offer a strong foundation for a successful business venture, whether it's a continuation of the diner concept or a complete repurposing of the space. The asking price is $149,900. This property is ideal for those seeking a high-traffic location with significant redevelopment potential and the opportunity to create a thriving business. The existing structure provides a solid base for a new venture, offering a cost-effective entry point into the Alpena market. The 0.72-acre lot allows for flexibility in future expansion or development plans.