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Mixed-Use Property Near Lake Huron
For Sale
$226,900

3511 US-23, Oscoda, MI 48750

Commercial space and a remodeled residence share one parcel along US-23 near Lake Huron beaches.

Property Size3,714 SF
Price / SF$61.09
Days on Market8

Property Features for 3511 US-23

General Information

Standard status Active
Size 3,714 SF
Property subtype Retail

Amenities

3
Asphalt
Parking.
Paved Driveway, Lot.
183x253x175x256
Other Building, Freestanding. Asphalt.

Building Details

Year Built 1955
Listing Agency: STERLING PROPERTIES
Listed By: FAITH LOOK · License #6501419896
Source: Xome
Added: Aug 23 Changed: Aug 29 Last Checked: Aug 28 at 6:46AM

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

Investment Insights

Based on property information with market context.

This mixed-use property combines a 2,706-square-foot commercial building with a separately configured 1,008-square-foot, two-bedroom, one-bath single-family home. The commercial structure has an adaptable open layout, a paved parking area with designated RV parking, and a roof installed in 2022. Restaurant equipment is excluded. The residence was fully remodeled in 2021 and may serve as owner or manager quarters, employee housing, or a short- or long-term rental, subject to applicable requirements.

Both improvements are included in one parcel and cannot be sold separately. The property fronts US-23 at 3511 N US-23 in Oscoda, directly across from Lake Huron and within walking distance of Lake Huron beaches and nearby vacation rentals. The commercial building dates to 1955, while the home provides a residential component alongside the commercial space.

Key Highlights

  • 2,706‑square‑foot commercial building with an open, adaptable layout
  • 1,008‑square‑foot remodeled home with 2 bedrooms and 1 bath
  • Commercial building roof replaced in 2022

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Travel Agency Car Rental Facility Bed & Breakfast Hotel & Motel

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

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

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Mixed-use property - Commercial space and a remodeled residence share one parcel along US-23 near Lake Huron beaches.
Where is this mixed-use property located?
The property is located at 3511 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 with an open, adaptable layout; 1,008‑square‑foot remodeled home with 2 bedrooms and 1 bath; Commercial building roof replaced in 2022
More about this property
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