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$99,900
Est. payment /mo
2 Baths
1,250 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Pending
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $79
MLS Listing ID 65025001774
Year Built 1950
Property Sub-Type BusinessandRealEstate
Property Description
Nostalgic Diner presents a unique opportunity for entrepreneurs looking to revitalize a classic 1950s eatery, benefiting from its prime location, ample parking, and strong previous patronage. While currently non-operational due to personal circumstances, the diner boasts a solid reputation and significant exposure from heavy traffic on a major thoroughfare. With some tender loving care and the right business strategy, this diner has the potential to not only regain its former glory but also deliver an attractive CAP rate, making it a promising venture for new startups or established restaurant expansions.
Location
State MI
County Alpena
Area Area87041Alpenatwp
Interior
Heating ForcedAir, NaturalGas
Exterior
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected
View Y/N No
Building
Sewer PublicSewer
Water Public, Well
Schools
School District Alpena
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Thomas A Rumble of EXP Realty LLC
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Coldwell Banker Town & Country Real Estate
Broker | License ID: 308761
Broker License ID: 308761
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