119 Lake St Oscoda, MI 48750
- Retail properties
- 44,000 SF
- 0.90 lot acres
Current Use by Public Records
- Retail properties
Property Details for 119 Lake St
- Lot size
- 0.90 lot acres
- Property size
- 44,000 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property presents a unique investment opportunity in Oscoda, Michigan. The former school building, situated on a 0.9-acre lot at 119 N Lake St, boasts a substantial 44,000 square feet of space, divided equally between two 22,000 square foot floors. Its prime location just off US-23 (State St) ensures high visibility and accessibility. The property's proximity to Lake Huron, less than a quarter-mile away, offers significant potential for tourism-related ventures. The asking price is $199,000. Given its size and location, this property is ideally suited for a variety of adaptive reuse projects. Potential uses could include affordable housing development, conversion into condominiums, or the creation of a hotel. The substantial square footage provides ample space for a large-scale project, while the attractive price point makes it a compelling investment. The property is zoned for commercial use and is ready for its next chapter. This is a rare opportunity to acquire a significant property in a desirable location at an attractive price. Serious inquiries are encouraged. The property is located in Iosco County, Michigan, zip code 48750.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oscoda
- County
- Iosco
- State
- Michigan
- Longitude
- -83.3285
- Latitude
- 44.4206
