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About This Home

This 3-bedroom, 1-bathroom commercial at 7515 S US 31 in Alanson, MI is listed for $699,000 ($131 per sqft). the home offers 5,317 sqft of living space on a N/A lot.

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, a back room to host parties, plus living quarters upstairs—perfect for owner occupancy or staff housing, along with plenty of 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.

Key Features

  • 1.5 stories

Property Details

2 stories
1 full

Amenities

ViewBasement

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

7515 S US 31

Alanson, MI 49706

Features & Amenities

Interior Features

Cable TVRefrigeratorNatural GasOff-Street ParkingAir-ConditioningAmple ParkingLiquor LicenseHardwood FloorsRangeExhaust FanPaved Roads

Property Details

Views

Water

Heating

BaseboardForced AirHot Water (Heating)Natural Gas

Appliances

RangeRefrigerator

Questions & Answers

This 3-bedroom, 1-bathroom commercial at 7515 S US 31 is listed at $699,000 ($131/sqft). The estimated monthly payment is $3,029 based on 20% down at 6.5% interest.

Key features include: 1.5 stories. Interior Features: Cable TV, Refrigerator, Natural Gas.

This property is listed by Craig Wilson and can be reached at 2314595762 or craig@fairbairnrealty.com.

CW

Craig Wilson

Agent at Coldwell Banker Fairbairn Realty

(231) 459-5762

Listed by Coldwell Banker Fairbairn Realty · View on Broker Site

MLS# 479532· Source: listhub· Updated today

Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7515 S US 31, Alanson, MI 49706

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