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Listed by STERLING PROPERTIES
$ 229,000
Est. payment /mo
Active
3511 N US-23 Oscoda, MI 48750
3,714 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,714 sqft
Price per Sqft $61
MLS Listing ID 1937692
Year Built 1955
Lot Size 1.040 Acres
Acres 1.04
Property Sub-Type Retail
Property Description
Incredible opportunity to own a 2,706 sq ft commercial building on 181 feet of prime US-23 frontage in Oscoda, just across from Lake Huron. Zoned R-4, this property was formerly home to one of Michigan's most lucrative Big Boy restaurants, offering exceptional visibility, heavy traffic counts, and a proven location for success. Large windows provide partial lake views, and its location within walking distance to many beachfront rentals makes it ideal for attracting both tourists and locals. New roof in 2022 The expansive paved lot offers great parking, including dedicated RV parking, and the flexible open space inside is ready for your vision, whether it's a new restaurant, retail shop, or mixed-use business. While no restaurant equipment is included, the building's layout and history make it a versatile choice for redevelopment. Adding to the value is a 1,008 sq ft, 2 bedroom, 1 bathroom single-family home on the property (address is 3497 US-23), fully remodeled in 2021. This updated home can serve as comfortable owner's quarters, a short- or long-term rental, or employee housing. With its prime location, proven commercial history, and residential income potential, this property offers a rare chance to invest in a high-demand lakeside market along Michigan's Sunrise Side. Commercial building and single family home cannot be sold separately as both are under one parcel ID. BATVAI
Location
State MI
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Natural Gas
Exterior
Waterfront Description Public
Roof Type Asphalt
Garage false
Building
Foundation Slab
Sewer Private Sewer
Water Public
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