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Restaurant/Retail Opportunity on US-23
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5214 N Us Highway 23, Oscoda, MI

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

Property Size4,200 SF
Lot Size1.85 Acres
Price / SF$77.38
Days on Market476

Property Features for 5214 N Us Highway 23

General Information

Standard status Active
Size 4,200 SF
Lot size 1.85 Acres
Property subtype RETAIL
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Gordon Hyde · License #6501401975
Source: Moodyscre
Added: Apr 18, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Turn key restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Law Firm Furniture & Home Goods Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby
Balanced
Demand for This Use

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

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 Call to check price and availability
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