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Undisclosed Address in Au Sable Charter Township, MI 48750
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$229,000
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Home Details
Price
$229,000
Type
Commercial/Industrial
Year Build
1955
Lot Size
1.04
County
Iosco
Basement
Crawl Space
MLS®️ Listing#
77080060975
On exitrealty.com
149 days
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
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- Heating Information
- Forced Air
- Natural Gas
- Cooling Information
- None
- Water Features
- Public
- Utilities
- Natural Gas Connected
- Parking
- Parking Lot
- Basement
- Crawl Space
Listing Courtesy: STERLING PROPERTIES - 989-362-4585
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Market statistics compiled from data from Michigan Regional Information Center.
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$229,000
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EXIT REALTY GROUP
489 W Nepessing Street, Lapeer, MI 48446