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Kyle O'Grady

kyle@ogradyteam.com +1(231) 499-9999

Listed by STERLING PROPERTIES

$229,000

Est. payment - /mo

2 Beds

1 Bath

3,714 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,714 sqft

Price per Sqft $61

MLS Listing ID 1937693

Style Ranch

Bedrooms 2

Full Baths 1

Year Built 1955

Lot Size 1.040 Acres

Acres 1.04

Property Sub-Type Single Family Residence

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

Interior Features None, Ceiling Fan(s), Cable TV

Heating Forced Air, Natural Gas

Fireplaces Type None

Fireplace false

Appliance Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer

Exterior

Exterior Feature Sidewalk

Community Features None

Waterfront Description Public

Roof Type Asphalt

Garage false

Building

Story One

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Ranch

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Kyle O'Grady

+1(231) 499-9999

Team Leader, REALTOR® | License ID: 6501407456

Team Leader, REALTOR® License ID: 6501407456

3497 N US-23 Oscoda, MI 48750

Kyle O'Grady

Key Details

Location

Rooms

Interior

Exterior

Building

Nearby Locations

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