Property summary
This exceptional commercial property, located at 5115 Old US Hwy 23 in Oscoda, Michigan, presents a unique investment opportunity. The 2,581 square foot building, constructed in 1960, sits on a sizable 0.82-acre lot and is zoned for commercial use. Its flexible design, encompassing both warehouse and flex space, makes it suitable for a wide range of businesses. The property boasts high visibility due to its central Oscoda location, offering excellent exposure to the steady flow of traffic and visitors in this charming lakeside community. All utilities are readily available. The single-story building offers ample space for various business ventures, from retail operations to office setups, and beyond. The property's previous use as Allen Tire & Auto demonstrates its suitability for businesses requiring both storage and workspace. This is a rare chance to acquire a well-situated, versatile commercial property in a desirable location. The asking price is $249,900. The property's private ownership ensures a straightforward transaction. This prime location in Iosco County, Michigan, zip code 48750, offers a compelling opportunity for entrepreneurs and investors alike. Don't miss this chance to establish your business in a thriving lakeside community.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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