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    5214 N Us Highway 23 Oscoda, MI 48750

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    For Sale
    $325,000

    Former bakery and restaurant on US-23 in Oscoda, Michigan.

    Property size:
    4,200 SF
    Lot size:
    1.85 Acres

    Property Features for 5214 N Us Highway 23

    General Information

    Size
    4,200 SF
    Lot size
    1.85 Acres

    Source: Landmark Commercial Real Estate Services Agent Gordon Hyde

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant/Retail Opportunity on US-23

    Located on US-23 in Oscoda, Michigan, this 4,200-square-foot property is a former bakery and restaurant. The property features a fully built-out kitchen equipped with hoods, a walk-in cooler, and a walk-in freezer. All furniture, fixtures, and equipment (FF&E) are included in the sale. A detailed equipment list is available upon request. The property offers high visibility to local residents and travelers.
    Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oscoda
    County
    Iosco
    State
    Michigan
    Longitude
    -83.32988
    Latitude
    44.431335

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    FAQs

    What type of property is this?
    Restaurant - Former bakery and restaurant on US-23 in Oscoda, Michigan.
    Where is this restaurant located?
    The property is located at 5214 N Us Highway 23 Oscoda, MI.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Strategic location on highly visible US-23.; - Fully built-out kitchen with hoods, walk-in cooler, and walk-in freezer.; - Complete FF&E included in the sale.
    (248) 488-2620
    Request Owner's contact information
    5214 N Us Highway 23 Oscoda, MI 48750
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    Oscoda, MI 48750
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5214 N Us Highway 23 Oscoda, MI 48750
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