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$ 229,000
Est. payment /mo
Active
3497 N US-23 Oscoda, MI 48750
2 Beds
1 Bath
3,714 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 3,714 sqft
Price per Sqft $61
Subdivision Lake Huron Pines 1
MLS Listing ID 77080060971
Style Ranch
Bedrooms 2
Full Baths 1
Year Built 1955
Lot Size 1 Sqft
Property Sub-Type SingleFamilyResidence
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 Michigans 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 its a new restaurant, retail shop, or mixed-use business. While no restaurant equipment is included, the buildings 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 owners 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 Michigans Sunrise Side. Commercial building and single family home cannot be sold separately as both are under one parcel ID. BATVAI
Location
State MI
County Iosco
Area Area35041Ausabletwp
Rooms
Basement Block
Interior
Heating ForcedAir, NaturalGas
Cooling CeilingFans
Exterior
View Y/N No
Garage false
Building
Lot Description WaterView
Foundation Block, CrawlSpace
Sewer SharedSeptic
Water Public
Schools
School District Oscoda
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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