Bought with ANTHONY ARAGONA • GREAT LAKE REALTY CO, LLC
$100,000
$100,000
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117 S State Street Oscoda, MI 48750
3,157 SqFt
Key Details
Sold Price $100,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,157 sqft
Price per Sqft $31
Subdivision Mi
MLS Listing ID 1910124
Sold Date 04/26/23
Year Built 1940
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 132 x 30.9
Property Description
Recently updated retail/apartment space consisting of 2,480 SQFT. first floor retail space and approximately 677 SQFT. 1 bed 1 bath apartment on the 2nd floor. This building is located in the highly desirable downtown Oscoda business district and has the potential to be a great investment opportunity with great upside for additional revenue. The building is fully occupied with a 10% cap rate and below market rental rates currently in place. Rent Roll and financials available upon executing a non disclosure agreement. Hurry this one wont last!
Location
State MI
County Iosco
Zoning Commercial
Rooms
Basement Slab
Interior
Heating Forced Air, Central Air
Cooling Forced Air, Central Air
Exterior
Exterior Feature Block
Roof Type Asphalt
Present Use Retail Store
Road Frontage Public Maintained
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 064-V10-011-006-30
Ownership Private Owner
Acceptable Financing Conventional Mortgage, Commercial Loan, Cash
Listing Terms Conventional Mortgage, Commercial Loan, Cash
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