3497 N Us-23, Oscoda, MI

$229,000

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2

Beds

1

Bath

3,714

Square feet

1.04

Acres

About 3497 N Us-23

Incredible opportunity to own a 2,706 sq ft commercial building on 181 feet of prime US-23 frontage in Oscoda, just across from Lake Huron. Zoned R-4, this property was formerly home to one of Michigan’s most lucrative Big Boy restaurants, offering exceptional visibility, heavy traffic counts, and a proven location for success. Large windows provide partial lake views, and its location within walking distance to many beachfront rentals makes it ideal for attracting both tourists and locals. New roof in 2022 The expansive paved lot offers great parking, including dedicated RV parking, and the flexible open space inside is ready for your vision, whether it’s a new restaurant, retail shop, or mixed-use business. While no restaurant equipment is included, the building’s layout and history make it a versatile choice for redevelopment. Adding to the value is a 1,008 sq ft, 2 bedroom, 1 bathroom single-family home on the property (address is 3497 US-23), fully remodeled in 2021. This updated home can serve as comfortable owner’s quarters, a short- or long-term rental, or employee housing. With its prime location, proven commercial history, and residential income potential, this property offers a rare chance to invest in a high-demand lakeside market along Michigan’s Sunrise Side. Commercial building and single family home cannot be sold separately as both are under one parcel ID. BATVAI

Features of 3497 N Us-23

MLS® # 1937693
Price $229,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 3,714
Acres 1.04
Year Built 1955
Type Residential
Sub-Type Single Family Residence
Style Ranch
Status Active

Community Information

Address 3497 N Us-23
Subdivision Lake Huron Pines 1
City Oscoda
County Iosco
State MI
Zip Code 48750

Amenities

Parking Asphalt, None
View Water
Is Waterfront No
Has Pool No

Interior

Interior Features None, Ceiling Fan(s), Cable TV
Appliances Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
Heating Forced Air, Natural Gas
Has Basement Yes
Basement Crawl Space
Fireplace No
Fireplaces None
# of Stories 1
Stories One

Exterior

Exterior Features Sidewalk
Lot Description Level, Subdivided
Roof Asphalt
Construction Block, Frame, Vinyl Siding, Stone
Foundation Block

School Information

District Oscoda Area Schools

Additional Information

Days on Market 359
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeSTERLING PROPERTIES

Listing Map

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