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Realty Executives Showcase Commercial

showcasecommercial@realtyexecutives.com +1(586) 726-4600

$ 389,900

Est. payment -/mo

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Active

10085 Us -23 HWY Alpena, MI 49707

3,888 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 3,888 sqft

Price per Sqft $100

MLS Listing ID 58050165576

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type BusinessandRealEstate

Property Description

This well-established restaurant and tavern has been a landmark in the area for generations. Ideally located on scenic US-23 between Alpena and Rogers City, and nestled between two of Northern Michigan's premier lakes, it enjoys year-round traffic. The Average Daily Traffic (ADT) on US-23 in front of the property is 5,845 vehicles, while Grand Lake Road serves as the main route connecting the waterfront community of Presque Isle to Alpena, the region's economic hub. The restaurant benefits from minimal competition, with the nearest bar located miles away on a different road serving a separate market. The spacious dining area spans over 1,800 sq. ft. and features booths, tables, and a 50-foot bar. With a fire department capacity of 250 people, the current layout offers comfortable seating for 88 guests. Separate male and female restrooms are also available for convenience. Behind the bar is a large 28' x 8' walk-in/reach-in cooler with easy access for drink service. The kitchen is well-equipped, with a 9' x 7' walk-in cooler, a 9' x 7' walk-in freezer, a 330 sq. ft. food preparation area, a dedicated dishwasher station with an automatic dishwasher, and a server workstation. Additionally, the basement provides over 1,000 sq. ft. of storage space and houses the mechanical systems. The property also includes a 2-bedroom, 1-bathroom home, perfect for an owner or manager. The paved parking lot accommodates over 35 vehicles, with dual access from both US-23 and Grand Lake Road.

Location

State MI

County Alpena

Area Area87041Alpenatwp

Interior

Heating HotWater, NaturalGas, Steam

Cooling CentralAir

Fireplace No

Exterior

Parking Features ParkingLot, OffStreet, OnSite, Other

Utilities Available CableAvailable, ElectricityAvailable, NaturalGasAvailable, NaturalGasConnected

View Y/N No

Roof Type Asphalt

Building

Foundation Basement

Sewer SepticTank

Water Well

New Construction No

Schools

High Schools Alpena

School District Alpena

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Listed by Steven Shaw of Great North Real Estate, LLC

GET MORE INFORMATION

Realty Executives Showcase Commercial

+1(586) 726-4600

showcasecommercial@realtyexecutives.com