$1,100,000

2192 S Us-23

Alpena MI, 49707

Description

Great operational bowling alley, bar, and event center with additional income space. This landmark business has been a staple in Alpena for decades! Priced in accordance with a recent appraisal. This property is almost 3 acres with 41,000 sq foot building currently housing a bowling alley, resale shop, bar, kitchen serving both the bowling alley and the bar, and a lot of additional space currently used for storage or events. The property has 258 feet of frontage on US-23 S and 310 feet of frontage on Ripley Blvd, This is one of the busiest intersections in Northeast Michigan. The highest and best use in the interim is to continue to operate the bowling alley and bar/lounge. The highest and best use terminally is to for commercial redevelopment.

Details

MLS#1858925
StyleIndustrial
Sub-TypeResale
StatusActive
Year1960
Days On Site160

Features

SQ Feet41,000
Story(s)1
ZoningCommercial

Market Activity 49707

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Area Information

StateMI
CountyAlpena
CityAlpena
Zip Code49707
AreaAlpena
Listing VS Median (in 49707)
Price:
$1,100,000
low | high
Med:
$69,900
100% of Average
SqFt:
41,000
low | high
Med:
0
100% of Average
$ / SqFt:
$27
low | high
Med:
$0
100% of Average
On Site:
160
low | high
Med:
24
100% of Average
Listing Updated: 09/14/2019
MLS Number: 1858925
Listing Provided By:
SHAW 1100000  of  GREAT NORTH REAL ESTATE
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.