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117 S State Street Oscoda Twp, MI 48750
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Key Details
Sold Price $100,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,157 sqft
Price per Sqft $31
Subdivision State Street
MLS Listing ID 77080005605
Sold Date 04/26/23
Originating Board Northeastern Michigan Board of REALTORS®
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
Zoning Commercial
Interior
Heating Forced Air, Central Air
Heat Source Natural Gas
Exterior
Pool No
Roof Type Asphalt
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Frame
Schools
School District Oscoda
Others
Tax ID 064V1001100630
Ownership Private Owned
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
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Bought with GREAT LAKE REALTY CO, LLC
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