Turnkey Waterview Restaurant
For Sale
$650,000
884 S STATE Street, Oscoda, MI 48750
Restaurant near Au Sable River and Lake Huron for sale.
Property Size4,100 SF
Lot Size1.25 Acres
Price / SF$158.54
Days on Market1125
Property Features for 884 S STATE Street
General Information
Standard status
Active
Size
4,100 SF
Lot size
1.25 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1959
Listing Agency:
Eric Stamm Team Real Estate
(810) 730-3434
Listed By:
Eric Stamm · License #6502405665
(810) 730-3434
Source:
Exitrealty
Added: Jul 9, 2023
Changed: Jul 6
Last Checked: Aug 5 at 6:19AM
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 Eric Stamm Team Real Estate
Investment Insights
Based on property information with market context.
This waterview restaurant opportunity is located next to the Au Sable River and Lake Huron on US 23 in Oscoda. The property has been an excellent family-owned business for over 30 years, formerly an A&W in 1960, and most recently Mama’s Country Kitchen. It is situated next to a marina, beaches, a boat ramp, an airport, condominiums, a harbor, a farmer’s market, Au Sable Shoreline Park, hotels, campgrounds, and canoe rentals. The restaurant is a turnkey operation with a staff of 18 employees. It has a seating capacity of 150 and parking for 150 vehicles. The property includes a 1.25-acre parcel with road frontage and signage on US 23 in downtown Oscoda. The site is commercially zoned and suitable for a new retail strip mall or gas station. The building size is 4,100 square feet.
Key Highlights
- Prime Waterview Restaurant Location: Nestled next to the Au Sable River and Lake Huron on US 23 in Oscoda.
- Established Turnkey Business: A famous breakfast hot spot with a 30+ year history and existing staff of 18.
- High Capacity: Seating for 150 customers and parking for 150 vehicles.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48750, MI
8,978
Population
7,074
Households
1.3
Avg Household Size
50
Median Age
16%
College-Educated
89%
High-School Grad
103.5 sq mi
ZIP Area
87
Density / Sq Mi
$42,260
Median Household Income
$28,893
Median Earnings
$675
Median Rent
$110,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant near Au Sable River and Lake Huron for sale.
Where is this conventional restaurant located?
The property is located at 884 S STATE Street Oscoda, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Prime Waterview Restaurant Location: Nestled next to the Au Sable River and Lake Huron on US 23 in Oscoda.; Established Turnkey Business: A famous breakfast hot spot with a 30+ year history and existing staff of 18.; High Capacity: Seating for 150 customers and parking for 150 vehicles.
