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$ 425,000
Est. payment | /mo
3,888 SqFt
$ 425,000
Est. payment | /mo
3,888 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,888 sqft
Price per Sqft $109
MLS Listing ID 50165576
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Business
Source MiRealSource
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 f
Location
State MI
County Alpena
Zoning Commercial
Interior
Heating Hot Water
Cooling Central Air
Exterior
View Y/N No
Building
Sewer Septic Tank
Structure Type Concrete
Listed by Great North Real Estate, LLC