# 7515 S U.S. 31 Highway, Alanson, MI 49706

> **TL;DR:** commercial, $647,500 ($122/sqft), 5,317 sqft. Est. $3,463/mo. Listed 152 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $647,500 |
| Price/sqft | $122 |
| Square Feet | 5,317 |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 152 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,274 |
| Estimated Insurance | $189 |
| **Total** | **$3,463** |

## Property Highlights

- 2 stories

## Description

### Agent Description
BOBS PLACE! Own a piece of Northern Michigan's history with this turn-key restaurant near the Crooked River, featuring exceptional highway visibility with an average of 15,300 cars passing daily! This fully equipped establishment includes a complete bar area, spacious dining room, and a back room to host parties, plus living quarters upstairs--perfect for owner occupancy or staff housing, along with basement storage. Recent upgrades include newer furnace and AC unit (including air-conditioned kitchen) electrical system upgrades and newer kitchen equipment. The sale includes a Resort Liquor License, two additional lots to expand with outdoor seating or parking. Walk in and start serving--all the hard work is done! Seller financing available. Inventory included.

## Location

- **Address:** 7515 S U.S. 31 Highway, Alanson, MI 49706
- **County:** Emmet
- **Neighborhood:** T35N, R4W
- **Coordinates:** 45.441813, -84.788049
- **Google Maps:** https://www.google.com/maps?q=45.441813,-84.788049

## Listing Agent

- **Name:** Craig R. Wilson
- **Brokerage:** Coldwell Banker Fairbairn Realty
- **Broker Phone:** (231) 548-9336

## Photos

![7515 S U.S. 31 Highway - Photo 1](http://lh.rdcpix.com/afe9d9b8cdfa43d911bf3ac20b9a1c5al-f557393544r.jpg)

![7515 S U.S. 31 Highway - Photo 2](http://lh.rdcpix.com/afe9d9b8cdfa43d911bf3ac20b9a1c5al-f557945589r.jpg)

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---

**MLS#:** 201840394 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/7515-s-u-s-31-highway-alanson-mi-49706-059e2442a6eb4604bc70662ada4be3a4)

---

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  "description": "BOBS PLACE! Own a piece of Northern Michigan's history with this turn-key restaurant near the Crooked River, featuring exceptional highway visibility with an average of 15,300 cars passing daily! This fully equipped establishment includes a complete bar area, spacious dining room, and a back room to host parties, plus living quarters upstairs--perfect for owner occupancy or staff housing, along with basement storage. Recent upgrades include newer furnace and AC unit (including air-conditioned kitchen) electrical system upgrades and newer kitchen equipment. The sale includes a Resort Liquor License, two additional lots to expand with outdoor seating or parking. Walk in and start serving--all the hard work is done! Seller financing available. Inventory included.",
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