Oscoda Twp, MI 48750,117 S State Street
$100,000
$100,000
Est.Price: ?

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3,157 SqFt

117 S State Street Oscoda Twp, MI 48750

Est. payment /mo
SOLD DATE : 04/26/2023

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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

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

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by ANTHONY ARAGONA of GREAT LAKE REALTY CO, LLC
Bought with GREAT LAKE REALTY CO, LLC

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Carrie Thompson

Digital Marketing Realtor | License ID: 6501338662

+1(810) 893-3269

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