Remarks

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 from 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.

Details

MLS#: 25001774
Price: $149,900

Style: Retail
Baths Full: 2
Sq Ft: 1250
Year Built: 1950

County: Alpena
Lot Size: 45 x 560 x 45 x 560
Tax Fee: 2300

School District: Alpena