205 S State St Oscoda, MI 48750
For Sale
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This exceptional 1,526 square foot office building, situated on a 0.07-acre lot in the heart of downtown Oscoda, Michigan, presents a remarkable investment opportunity. Completely remodeled in 2022, this property boasts a modern and functional layout ideal for a variety of businesses. The building features a welcoming reception area at the front, leading to five additional private offices, providing ample space for staff and clients. A convenient break room offers a comfortable space for employees, while a dedicated furnace room and bathroom ensure practicality and convenience. Additional storage space is located at the rear of the building, offering flexibility for inventory or supplies. The property's prime location on US-23 within Oscoda's main business district ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence. The building is move-in ready, eliminating the need for extensive renovations or upgrades, allowing for immediate occupancy and operational efficiency. This is a rare opportunity to acquire a well-maintained, centrally located commercial property in a thriving Michigan community. The asking price is $219,900.
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Insurance Designers Inc Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.