About This Home

This 0-bedroom, 0-bathroom commercial at 7515 S US 31 Highway in Alanson, MI is listed for $647,500 ($122 per sqft). the home offers 5,317 sqft of living space on a N/A lot.

Listing 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.

Monthly Cost Estimate

$3,463/mo

20% down · 6.5% · 30 years

Principal$468
Interest$2,806
Insurance$189

Estimates only. Actual payments may vary.

Location

7515 S US 31 Highway

Alanson, MI 49706

Property Details

Construction

Wood Frame

Heating

Natural GasForced AirBaseboardHot Water(Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 7515 S US 31 Highway is listed at $647,500 ($122/sqft). The estimated monthly payment is $3,463 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

This property is listed by Craig Wilson and can be reached at 2314595762.

CW

Craig Wilson

Agent at Coldwell Banker Fairbairn Realty

(231) 459-5762

Listed by Coldwell Banker Fairbairn Realty · Broker phone: (231) 548-9336 · View on Broker Site

MLS# 479532· Source: Northern Michigan MLS· 132 days on PropertySimple

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 Highway, Alanson, MI 49706

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