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USAMIAlpena10085 Us Highway 23 N
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Added 5 months ago

$425,000

10085 Us Highway 23 N, Alpena, MI

Real Estate

For Sale

Listed price in listed location currency (USD).
$425,000

Added 5 months ago

00-0
  • Key Facts
  • Description
  • Map

Key Facts

Type Businessand Real Estate
Levels Business Opportunity
Size -
Garage No
HOA Fees 
Taxes 
Days Active 140
Approx. Age 0
MLS® Number 58050165576

Property Address: 10085 Us Highway 23 N, Alpena, Michigan

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number58050165576
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age0
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHot Water, Natural Gas, Steam
A/CCentral Air
Heating Fuel

Extras

10085 Us Highway 23 N, Alpena, MI

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