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Mixed-Use Property with Residence

3511 N Us-23, Oscoda, MI 48750

For Sale
$226,900

A commercial building and a separate two-bedroom home are included together on one parcel.

Property Size3,714 SF
Price / SF$61.09
Days on Market75

Property Features for 3511 N Us-23

General Information

Standard status Active
Size 3,714 SF
Property subtype Commercial
Zoning Commercial, Residential

Site & Location

Highway Access Yes
Road Access Yes
Mixed-Use Components commercial, residential

Additional Details

Equipment Included No

Amenities

dedicated RV parking

Building Details

Building Size 3,714 SF
Year Built 1955
Buildings 2
Listing Agency: STERLING PROPERTIES
Listed By: FAITH LOOK · License #6501419896
Source: Carterassociatesrealty
Added: Aug 25 Changed: Nov 3 Last Checked: Nov 7 at 3:57AM

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 STERLING PROPERTIES

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property pairs a 2,706-square-foot commercial building with a remodeled 1,008-square-foot single-family home. The residence has two bedrooms and one bathroom and was renovated in 2021; the commercial building received a new roof in 2022. The commercial space previously operated as a restaurant, and restaurant equipment is not included. The two buildings are conveyed together as one parcel and cannot be sold separately.

The property has approximately 181 feet of frontage on US-23, with Lake Huron across the road and beaches within walking distance. Zoning is listed as commercial and residential. A paved parking area includes dedicated space for RVs.

Key Highlights

  • 2,706‑square‑foot commercial building paired with a 1,008‑square‑foot home
  • Approximately 181 feet of frontage on US‑23, across from Lake Huron
  • Two‑bedroom, one‑bath home remodeled in 2021

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Conventional restaurants

Suggested Use

Top Pick Plumbing Service Kitchen & Bath Showroom Real Estate Agency Law Firm Travel Agency Car Rental Facility

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A commercial building and a separate two-bedroom home are included together on one parcel.
Where is this mixed-use property located?
The property is located at 3511 N Us-23 Oscoda, MI.
What is the asking price?
The asking price for this property is $226,900.
What are key features of this property?
This property features: 2,706‑square‑foot commercial building paired with a 1,008‑square‑foot home; Approximately 181 feet of frontage on US‑23, across from Lake Huron; Two‑bedroom, one‑bath home remodeled in 2021
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