Northwood Shopping Plaza

LOCATION: 5464 Cedar Lake Road, Oscoda, MI  48750

LOT SIZE: 8.42± Acres

ZONING: B-2 General Business

BUILDING SIZE: Continental Rental Building  /  7,076 Sq. Ft.

                            Tobacco Row Building  /  1,800 Sq. Ft.

                            Dry Cleaner Building  /  2,340 Sq. Ft.

  Glen’s Market own their Building, but have a long-term ground lease with the “Plaza”.

PARKING LOT:  Paved Parking for 270 Cars

COMMENT: The Northwood Shopping Plaza is only 1/3 developed.  This property

                       provides an ideal location for a medium sized shopping plaza.  The high

                       visibility provided by this location and the advantages of both ingress and

                       egress off both US 23 and F 41 makes this location very desirable

                       potential tenants with small retail, service and/or office needs.  Presently

                       the plaza is anchored by Glen’s Market, a neighborhood market with 34

                       locations in Northern and Upper Michigan.  This property needs a “Buyer

                       that can develop the remaining 2/3 of this plaza and maximize the potential 

                       this location offers on the “Sunrise Side”.

ASKING PRICE:    $1,500,000   $850,000

 This information, although believed to be accurate, is not guaranteed or warranted to be so by this listing office.

FOR MORE INFORMATION OR TO SET UP AN APPOINTMENT FOR A PERSONAL SHOWING, PLEASE CONTACT:  TOM SATKOWIAK

AMERICAN REAL ESTATE & LEASING GROUP LLC             (989) 671-3700