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Chris Hubel

chris@chrishubel.com +1(248) 791-3594

$ 425,000

Est. payment -/mo

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10085 Us -23 Highway Alpena Twp, MI 49707

3,888 SqFt

UPDATED:

01/30/2025 03:31 PM

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 3,888 sqft

Price per Sqft $109

MLS Listing ID 58050165576

Originating Board MiRealSource

Lot Size 2.000 Acres

Acres 2.0

Lot Dimensions 2

Property Sub-Type Business And Real Estate

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 Alpena Twp

Zoning Commercial

Interior

Hot Water Natural Gas

Heating Hot Water, Steam, Central Air

Heat Source Natural Gas

Exterior

Utilities Available Employee Lunch/Lounge

Roof Type Asphalt

Building

Foundation Basement

Sewer Septic Tank (Existing)

Water Well (Existing)

Structure Type Block/Concrete/Masonry

Schools

School District Alpena

Others

Tax ID 01300300081000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Listed by Steven Shaw of Great North Real Estate, LLC