Amazing opportunity in the heart of Downtown Oscoda! This unique waterfront property offers 150 feet of frontage on the beautiful Au Sable River and is just a short walk to Lake Huron, giving you the best of both riverfront and beach-town living. Enjoy direct river access with a concrete walk and steel seawall reinforcement, all while taking in stunning views of one of Northern Michigan's most desirable waterfront settings. Whether you're looking for a year-round residence, vacation getaway, or investment opportunity, this property checks every box. The home is thoughtfully divided into two separate living spaces, each featuring its own kitchen, bedrooms, and bathrooms-perfect for multi-generational living, hosting guests, or generating additional income. Currently operating as a successful short-term rental property, the income potential is already in place. Outside, the property continues to impress with a 2.5-car attached garage, spacious garden area, relaxing hot tub, and an additional storage shed. Opportunities like this-downtown location, river frontage, walkability to the lake, and built-in income potential-rarely come available. Don't miss your chance to own a truly special piece of Oscoda!