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Property profile & analytics
FOR SALE
Commercial real estate

205 S State St Oscoda, MI 48750

0.07 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US43-4760092
Property summary
AI-generated overview

This exceptional 1,526 square foot office building, situated on a 0.07-acre lot in the heart of downtown Oscoda, Michigan, presents a remarkable investment opportunity. Completely remodeled in 2022, this property boasts a modern and functional layout ideal for a variety of businesses. The building features a welcoming reception area at the front, leading to five additional private offices, providing ample space for staff and clients. A convenient break room offers a comfortable space for employees, while a dedicated furnace room and bathroom ensure practicality and convenience. Additional storage space is located at the rear of the building, offering flexibility for inventory or supplies. The property's prime location on US-23 within Oscoda's main business district ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence. The building is move-in ready, eliminating the need for extensive renovations or upgrades, allowing for immediate occupancy and operational efficiency. This is a rare opportunity to acquire a well-maintained, centrally located commercial property in a thriving Michigan community. The asking price is $219,900.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.07 ac (3,049 SF)
APN 064V1001000830
UPID US43-4760092
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Insurance Designers Inc Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nkgs Properteis LLC · 4 yrs held
Nkgs Properteis LLC
since 2022
Last sale
$142,500
1 recorded transaction
2022
$142,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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