For Sale
$225,000

2920 Connon St Alpena, MI 49707

Established Nursing Home, Great Potential

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional 3,748 square foot Alpena, MI business opportunity presents a unique investment prospect. Currently configured as a ten-bedroom nursing home, the property sits on a 0.32-acre lot at 2920 Connon Street. The building boasts ten generously sized bedrooms, a well-equipped kitchen, and two separate dining areas, providing ample space for residents or potential future uses. Two and a half bathrooms add to the convenience. Included in the sale are essential appliances: a stove, refrigerator, dishwasher, washer, and dryer. Accessibility features are in place, including a front ramp entry, a covered side entry, and four conveniently located access doors. Two outdoor sheds offer additional storage space. While the building could benefit from some minor cosmetic updates ("TLC"), it is ready for immediate occupancy, with a 30-day occupancy period following closing. The property's established history as a nursing home provides a solid foundation for continued operation or a creative repurposing. This presents a compelling opportunity for an investor seeking a turnkey business or a developer looking to capitalize on the property's potential. The asking price is $225,000.

Property Details for 2920 Connon St

Property type
Investment properties
Square Feet
3,748 SF
Year Built
1933
Lot Size (sq. ft)
13,939 SF

Location Insight

City
Alpena
County
Alpena
State
Michigan
Latitude
45.04188
Longitude
-83.46288

FAQs

What type of property is this?
Investment property - Established Nursing Home, Great Potential
Where is the investment property located?
The property is located at 2920 Connon St Alpena, MI.
What is the asking price?
The asking price for this property is $225,000.
How can I contact the broker?
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2920 Connon St
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