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    Alpena, MI Restaurants for Sale

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    Turnkey Restaurant Opportunity in Alpena
    $150,000

    Turnkey Restaurant Opportunity in Alpena

    1001 S State Avenue, Alpena, MI 49707

    High-visibility takeout restaurant location near public beach in Alpena.

    • Directly across the street from a public beach.
    • High‑visibility location on a busy corner.
    • Ideal for a takeout restaurant business.
    • High pedestrian and vehicular traffic.
    • Surrounded by offices, retail shops, and residential buildings.
    Updated: Aug 18, 2025
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    Classic Diner on Major Thoroughfare
    $99,900
    1,250 SF

    Classic Diner on Major Thoroughfare

    3023 US Highway 23 S, Alpena, MI 49707

    Revitalize a classic 1950s diner with high traffic exposure.

    • Prime location on a major thoroughfare with HIGH TRAFFIC EXPOSURE.
    • Strong previous patronage and established reputation as a 1950s‑style diner.
    • Ample parking available.
    • Opportunity to revitalize a classic eatery with ATTRACTIVE CAP RATE potential.
    • Natural gas available.
    Updated: Jan 14, 2025
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    Classic Diner on Highway 23
    $99,900
    1,250 SF

    Classic Diner on Highway 23

    Revitalize a classic 1950s diner with high traffic exposure.

    3023 US Highway 23 S, Alpena, MI 49707
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    Alpena Freestanding Wendy’s Investment Property
    $2,153,739
    2,907 SF

    Alpena Freestanding Wendy’s Investment Property

    Freestanding Wendy’s in Alpena, MI with long-term lease.

    1036 W Chisholm St, Alpena, MI 49707
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    Commercial Lots on Major Thoroughfare
    $185,000

    Commercial Lots on Major Thoroughfare

    Commercial lots with high visibility and traffic flow potential.

    930 & 934 W Washington, Alpena, MI 49707
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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 5 Active listings in Alpena, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Landmark Restaurant/Bar in Lewiston, MI
    $549,000
    6,630 SF

    Landmark Restaurant/Bar in Lewiston, MI

    Established restaurant/bar with seating for 240 on 3+ acres.

    4965 Salling Avenue, Lewiston, MI 49756
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    Northern Michigan Landmark Restaurant/Bar
    $599,000
    6,000 SF

    Northern Michigan Landmark Restaurant/Bar

    Established restaurant/bar with expansion potential near lakes and trails.

    4965 County Road 612, Lewiston, MI 49756
    View details
    Affordable Bar/Restaurant Near AuSable River
    $265,000
    32,670 SF

    Affordable Bar/Restaurant Near AuSable River

    Quaint bar/restaurant near AuSable River in Mio, Michigan.

    4700 Mckinley Road, Mio, MI 48647
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    Affordable Bar/Restaurant Near AuSable River
    $265,000
    2,102 SF

    Affordable Bar/Restaurant Near AuSable River

    Quaint bar and restaurant near the AuSable River.

    4700 McKinley, Mio, MI 48647
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Lots in High-Visibility Location
    $185,000

    Commercial Lots in High-Visibility Location

    Commercial lots in Alpena with high visibility and traffic flow.

    930 & 934 W Washington, Alpena, MI 49707
    View details
    Alpena Commercial Land For Sale
    $355,000
    2.60 Acres

    Alpena Commercial Land For Sale

    Commercial land with complete infrastructure in a high-traffic area.

    M-32/Crittenden Court lot: 9, Alpena, MI 49707
    View details
    Alpena Commercial Land For Sale
    $175,000
    1.74 Acres

    Alpena Commercial Land For Sale

    Commercial land with complete infrastructure in a high-traffic area.

    M-32/Crittenden Court lot: 8, Alpena, MI 49707
    View details
    Alpena Commercial Land For Sale
    $235,000
    3.49 Acres

    Alpena Commercial Land For Sale

    Commercial land with complete infrastructure in a high-traffic area.

    M-32/Crittenden Court lot: 7, Alpena, MI 49707
    View details

    Explore Off-Market Properties in Alpena, MI

    Consider similar Off-Market properties in Alpena, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2205-2219 Us-23

    2205-2219 Us-23

    Restaurants • 90,979 SF
    Value Estimation by Request
    2205-2219 Us-23, Alpena, MI 49707
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    Alpena, MI Restaurants Investment Opportunities Market Analysis

    Explore 6 restaurants for sale in Alpena, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 5,407 square feet of properties for sale, with an estimated market value of $2,353,539.

    Sale prices for restaurant properties in Alpena, MI start at $99,900, averaging $784,513, and reaching up to $2,153,739 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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