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3023 US Highway 23 S, Alpena, MI 49707

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For Sale

$149,900

1 beds2 baths1,200 sqft

Estimated Payment

$ 977 /mo.

6.85% APR for 30 yrs.
$2,300 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $124.92
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Great Opportunity for a Owner owner-occupied building and business. 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 to 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.
MLS# 11416761

Courtesy Of eXp Realty
39555 Orchard Hill Place, Suite 600, Novi, MI
(616) 250-6751

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Floor Covering
    Laminate, Linoleum
  • Heating System
    Forced Air
  • Roof Type
    Metal
  • Rooms
    Dining Room

Map and Directions

Directions to 3023 US Highway 23 S, Alpena, MI 49707
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $786
  • Property Taxes
    $191
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $977

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Ella M White School

Grades KG-5 Public School


Alpena, MI 49707 1.8 miles
201 n ripley blvd

399 total students
18:1 Student teacher ratio

Thunder Bay Junior High School

Grades 6-8 Public School


Alpena, MI 49707 1.8 miles
3500 s 3rd ave

811 total students
19:1 Student teacher ratio

Alpena High School

Grades 9-12 Public School


Alpena, MI 49707 1.8 miles
3303 s 3rd ave

1147 total students
20:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
All Saints Catholic School 2.9 miles Private PK-6
Lincoln Community School 3.1 miles Public KG-5 D
Oxbow Aces Academyalternative 3.5 miles Public 7-12 D+
Immanuel Lutheran School 3.6 miles Private PK-8
Besser Elementary School 3.7 miles Public KG-5 B-
Pied Piper School 3.9 miles Public PK-12

All Saints Catholic School

Distance: 2.9 miles

Type Private

Grades: PK-6

Lincoln Community School

Distance: 3.1 miles

Type Public

Grades: KG-5

D

Oxbow Aces Academyalternative

Distance: 3.5 miles

Type Public

Grades: 7-12

D+

Immanuel Lutheran School

Distance: 3.6 miles

Type Private

Grades: PK-8

Besser Elementary School

Distance: 3.7 miles

Type Public

Grades: KG-5

B-

Pied Piper School

Distance: 3.9 miles

Type Public

Grades: PK-12

Local area information for Alpena, MI 49707

Tour the area

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Alpena, MI 49707

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are above the national average.

79° July
Hottest Average Month

11° February
Coldest Average Month
9,784 Total Households in Area
22.8%
of households
have children
16 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Alpena, MI 49707

Alpena, MI 49707 has a population of 21,618 people in 9,784 households with a median age of 47.6 years old.

Up 0.1%
Increase in population
since the year 2010

Population is Trending up
9,782
Total households as of 2010
Up
1.7%

Community Population By Age

Community Population By Ethnicity

White 93%
Hispanic 2%
Asian <1%
Other <1%
Black <1%
Native American <1%

Economics
for Alpena, MI 49707

88 /sq mi
Population Density
$48,617 /yr
Median Household Income
$0
Median Sales Price
16 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 87%
  • Work from Home 8%
  • Walk or Bike 5%
  • Public Transit 1%

Occupancy by Type

Owned 7,445 65%
Rented 2,339 20%
Vacant 1,651 14%

White vs Blue Collar Jobs







White Collar 66%
Blue Collar 34%

Family & Education Facts
for Alpena, MI 49707

47.6 Median Age

Average Household Size

2.2
persons per
household

41.4%

Married Households

Community Population By Education

High School Graduate 38%
Some College 25%
Associates Degree 13%
Bachelors Degree 10%
Graduate Degree 7%
Some High School 7%

Household Family Expenses vs National Average

22.8% of households have children

Weather
for Alpena, MI 49707

The weather for this area ranges from a high of 79° F in July to a low of 11° F in February

79° July
Hottest Average Month
11° February
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
12°
28°
Feb
11°
29°
Mar
19°
38°
Apr
31°
51°
May
41°
63°
Jun
51°
74°
Jul
56°
79°
Aug
55°
77°
Sep
48°
69°
Oct
39°
57°
Nov
29°
43°
Dec
19°
32°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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