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117 S State Street Oscoda, MI 48750
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Key Details
Sold Price $100,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,157 sqft
Price per Sqft $31
Subdivision Mi
MLS Listing ID 80005605
Sold Date 04/26/23
Year Built 1940
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 132 x 30.9
Property Description
Recently updated retail/apartment space consisting of 2,480 SQFT. first floor retail space and approximately 677 SQFT. 1 bed 1 bath apartment on the 2nd floor. This building is located in the highly desirable downtown Oscoda business district and has the potential to be a great investment opportunity with great upside for additional revenue. The building is fully occupied with a 10% cap rate and below market rental rates currently in place. Rent Roll and financials available upon executing a non disclosure agreement. Hurry this one wont last!
Location
State MI
County Iosco
Area Oscoda Twp (35006)
Zoning Commercial
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Garage Parking Lot
Roof Type Asphalt
Building
Foundation Slab
Water Public Water
Structure Type Frame
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Commercial Loan,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with GREAT LAKE REALTY CO, LLC
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