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884 S State Street

Au Sable Twp, MI 48750
  • $675,000
  • STATUS: Active
  • ON SITE: 80 Days
  • ID#: 20230055322
$675,000
  • 0
    BEDS
  • 1.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,100
    SQFT
  • $165
    $/SQFT
Neighborhood:
Au Sable Twp
Type:
Commercial
Built:
1959
County:
Iosco
Area:
Au Sable Twp
Zoning:
Commercial
Lot Size Dimensions:
322X253x225x143

School Ratings & Info

School District:
OSCODA
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Description

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 / Mamas Country Kitchen / Next To Marina, Beaches, Boat Ramp, Airport, Condos, Harbor, Farmers Market, Au Sable Shoreline Park, Hotels, 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.

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IDX provided courtesy of Realcomp II Ltd. via GK Real Estate Team | Max Broock and Realcomp II Ltd.. © 2023 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | Max Broock are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2023-09-26T23:58:35.85.
www.gkrealestateteam.com/homes/141312282
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884 S State Street Au Sable Twp, MI 48750

  • Price: $675,000
  • Status: Active
  • On Site: 80 Days
  • ID#: 20230055322
0
Beds
0
Baths
0
½ Baths
1.25
Acres
4,100
SQFT
$165
$/SQFT
1959
Built
Neighborhood:
Au Sable Twp
County:
Iosco
Area:
Au Sable Twp
School District:
OSCODA
Property Description
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 / Mamas Country Kitchen / Next To Marina, Beaches, Boat Ramp, Airport, Condos, Harbor, Farmers Market, Au Sable Shoreline Park, Hotels, 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.
Exterior Features

Architecture Level 1 Story Construction Materials Wood Distance To Waterway 1 Foundation Details Slab Lot Size Dimensions 322X253x225x143 Road Frontage Feet 322 Road Frontage Type Class A Roof Material Asphalt Side Of Street W Waterfront YN No Waterway YN Yes

Interior Features

Building Area Source Estimated Heating Cooling Forced Air Heating Fuel Natural Gas Sq Ft Main 4100 Sq Ft Office 0 Water Heater Fuel Natural Gas

Property Features

Assessment 0.00 Buildings List Shed Business Type ServiceRecreationalRetail Commercial Type Business And Real Estate Deposit Amount 335000.00 Existing Lease YN No Gross Scheduled Income 650000.00 Inventory Included YN No Land Contract YN Yes Land Interest Rate 7 Land Payment 8000 Land Terms 60 Listing Financing CashContractConventional Monthly Sales 54000 Net Operating Income 1500000.00 Operating Expense 500000.00 Ownership Status Short Sale - NoPrivate Owned Possession At Close Postal City Oscoda Protection Period 90 Settlement Township Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 2810.0000 Tax Amount Winter 1108.0000 Title Standard (Private) Total Tax 3918.0000 Unparsed Address 884 S State Street Water Source Public (Municipal) Year Remodeled 2013 Zone Conform YN Yes Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Eric Stamm Team Real Estate: (810) 730-3434 and Realcomp, ©2023 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via GK Real Estate Team | Max Broock and Realcomp II Ltd.. © 2023 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | Max Broock are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2023-09-26T23:58:35.85.
 
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