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#: 11413364
Price: $149,900

Style: Commercial Building
Bedrooms: 0
Baths Full: 2
Baths Half: 0
Sq Ft: 1250
Year Built: 1950

Tax Fee: 2300

School District: Alpena Public Schools