Fantastic investment opportunity with a newly built retail shopping center leased to a single-tenant Dollar Tree at 5018 N US-23, Oscoda, MI 48750. Completed in 2024, this property is strategically located along the high-traffic US-23 corridor in Oscoda Township, offering excellent visibility. The Dollar Tree is secured under a 10-year NN (Double Net) lease, starting October 31, 2024, to November 1, 2034, featuring $0.50 rent bumps every 5 years. There are three 5-year renewal options with the same rent bumps, ensuring stable and growing income. The property delivers a Net Operating Income (NOI) of $132,500 annually with a 6.49% cap rate, providing a solid return for investors. Set on a 0.69-acre lot, the property includes 32 parking spaces, supporting high customer traffic. The building�s modern design enhances retail success, and its prime location in a growing market area adds further value. The property is connected to public sewer, has paved road frontage, and is free of encroachments, making it a hassle-free investment. With strong lease terms, a reputable national tenant, and minimal landlord responsibilities, this single-tenant retail center offers reliable cash flows and future growth potential. Don�t miss this chance to own a newly built, high-demand retail property with a secure, long-term lease.
Full Service Gas and repair station, DARRELL'S MAXI MUFFLER, by the former Air Force Base. Regular, recreational gas as well as diesel fuel, (possible kerosene also). U-Haul trucks, trailers and moving equipment, Air Gas dealer, auto parts store and car, truck and trailer repair shop. Four hydraulic lifts, 9,000 and 12,000 pound lifts accessible by 8, 10 and 12 foot overhead door. On a private well, but has city water available.
This office located in the heart of Downtown Oscoda was completely remodeled in 2022. It features a reception area in the front of the building, with an addition 5 offices. It has a break room, furnace room, and bathroom. Also has a small storage area in the very back of the building. It is in a great location in the main business district of Oscoda on US-23. It is move in ready!
Commercial building sitting on a corner lot in a great location. Across from Au Sable River. Lots of use this building could be, it was formly ran as Cliffs Engraving and also a book resale store with other items. Prior to this it was a resturant. building is apprx 37x78. for apprx 2900 sq ft. front door enterance as well as rear side entry. contents inside the store for someone who is interested in the items. would like to sell in bulk.
Well Known Antique and Furniture retail business with rental income. Two Large buildings/showrooms with two residential rental units. Mostly heated showrooms with half baths, inventory is negotiable and not included. Separate driveway and utilities. Seller is offering terms to qualified purchaser.
Well known Antique and Furniture Store with Multiple detached commercial rental units and 8 residential units. Main building has second floor with two more rentals available (needs work). Purchase entire complex for additional prices or several lesser options that might fit your personal commercial game plan, Seller is offering terms to qualified purchasers with a significant initial investment. See sketch for measurements.
The religious facility is for sale in Oscoda, MI featuring sanctuary, fellowship hall, classrooms, living quarters, and kitchen. Excellently maintained with classic Anglican aesthetics the roof and HVAC has been recently replaced. With its current zoning alternative uses include child care center, bed and breakfasts, state licensed residential facility, and community center.
Waterview Restaurant Opportunity / Next To Au Sable River & Lake Huron / US 23 Oscoda / Excellent Family Owned Business For Over 30 Years / Formerly A&W in 1960 / This Famous Breakfast Hot Spot Is Now For Sale / Mama�s Country Kitchen / Next To Marina, Beaches, Boat Ramp, Airport, Condo�s, Harbor, Farmer�s Market, Au Sable Shoreline Park, Hotel�s, Campgrounds, Canoe Rentals, Absolute Paradise. This Restaurant is turnkey with reputation and staff of 18 employees. Seating Capacity 150 and parking for 150 / 1.25 Acre massive road frontage and sign on US 23 Downtown Oscoda.
240 feet of frontage on US-23 w/ depth of 319.5 ft +/-. = 1.76 Acres +/-. Including is 4 lots, a 3200 +/- gross sq/ft Commercial Building & a 480 sq/ft Storage Barn with an unfinished loft, built in 2004. Property continues to be used as McNamara's Antique Mall, with 30+ years of ownership. McNamara's Antique Mall is located on the beautiful (US-23) Heritage Route, that follows the shoreline of Beautiful Lake Huron in Northeastern Michigan. Approximately 3200 sq/ft of showroom floor space, filled with over 8000 items displayed in a Vignett-style, offers ease for locating that special item, for both owner and shopper alike. . ***New shingles July 2019. ****Business/Inventory IS NOT INCLUDED IN THIS ASKING PRICE & must sell first (asking $35,000.00), for Seller to consider selling just the property & buildings.
Oscoda is located in Michigan. Oscoda, Michigan has a population of 696. Oscoda is less family-centric than the surrounding county with 4.14% of the households containing married families with children. The county average for households married with children is 18.69%.
The median household income in Oscoda, Michigan is $37,961. The median household income for the surrounding county is $41,414 compared to the national median of $57,652. The median age of people living in Oscoda is 57.1 years.
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 10.9 degrees. The average rainfall is approximately 31.3 inches per year, with 51.7 inches of snow per year.
