$229,000

3497 N US-23, Oscoda, MI 48750

  • 2 beds |
  • 1 bath |
  • 3,714 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon1.04acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $62/sqft
  • Property List Date Icon Listed 4 months ago

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

Listing Status:
Active
Listing Office:
STERLING PROPERTIES : 989-362-4585
Listing Agent:
FAITH LOOK : 989-820-6968
MLS ID:
1937693
  • General: NoneCeiling Fan(s)Cable TV
  • Appliances: RefrigeratorOven/RangeDishwasherMicrowaveWasherDryer
  • Laundry: Main Level
  • Basement: Crawl Space
  • A/C:
  • Heating: Forced AirNatural Gas
  • Fireplace: None
  • Disability Feature: None
  • General: SidewalkShed(s)
  • Style: Ranch
  • Parking: AsphaltNone
  • Roofing: Asphalt
  • General: BlockFrameVinyl SidingStone1Block
  • Road/Access: Asphalt
  • HOA Amenities: Annually
  • Originating MLS: NGLRMLS API
  • School District: Oscoda Area Schools
  • County: Iosco
  • Zoning: LHP1 21 SUPERVISORS PLAT OF LAKE HURON PINES NO. 1 LOTS 21 & 22
  • View: WaterView
  • Water: Public
  • Sewer: Public Sewer
  • Source: NGLRMLS API
  • Ownership: Private Owner

This listing courtesy of FAITH LOOK, STERLING PROPERTIES

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Richardson Elementary School

3630 E River Rd, Oscoda, MI, 48750

Grades PK-6

3.95 miles away

O

Oscoda Area High School

3550 E River Rd, Oscoda, MI, 48750

Grades 7-12

3.85 miles away

O

Oscoda Area High School

3550 E River Rd, Oscoda, MI, 48750

Grades 7-12

3.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.