Houghton Lake, MI Commercial Real Estate for Sale

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Houghton Lake Heights, MI Prudenville, MI Roscommon, MI

38 properties

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Updated: Sep 26, 2025

Medical Office Building with Operatory Rooms

9252 W Lake City Road, Houghton Lake, MI 48629

$319,900

2,680 sqft

Convenient location off US 127 and M55 corridor.
2680 sq. ft. commercial building.
Features 8 operatory rooms, previously a dental office.
Large reception area and waiting room.
Spacious asphalt parking lot.

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This listing looks promising.

Here's a quick look at some key insights for

9252 W Lake City Road, Houghton Lake, MI 48629

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Est. Cap Rate

5.5%
NOI ÷ price
Est. NOI

$17K
Annual
Mortgage

$120K
Recorded

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Updated: Jun 19

Seasonal Garden Center Retail Building

9014 W Houghton Lake Drive, Houghton Lake, MI 48629

$399,000

9,041 sqft · 0.73 AC lot

9,041 SF West Shore Marketplace building used seasonally for sales of lawn/garden and other seasonal products
Ice cream counter featuring soft serve ice cream
Convenient on‑site parking with parking lot on‑site
Zoned CW: Commercial Waterfront District
Location near a stoplight corner with traffic count of 12,436 (boat traffic not included) and dock parking available on canal frontage on the west side of Houghton Lake

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Houghton Lake Waterfront Commercial Property

8848 State Avenue, Houghton Lake, MI 48629

$425,000

2,880 sqft · 0.32 AC lot

Iconic commercial/residential property with waterfront access and endless potential.

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Two-Level Commercial Building

4592 W Houghton Lake Drive, Houghton Lake, MI 48629

$229,000

3,417 sqft · 0.17 AC lot

Two-level commercial building with main retail space and upper and basement storage for flexible business uses.

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Live-Work Commercial Building with Garage

6415 W Houghton Lake Drive, Houghton Lake, MI 48629

$144,900

3,744 sqft · 0.56 AC lot

Versatile live-work setup with retail space, dedicated living quarters, and a large garage/workshop for flexible operations.

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Versatile Commercial Property, Houghton Lake

6415 W Houghton Lake Drive, Houghton Lake, MI 48629

$144,900

3,744 sqft · 0.47 AC lot

Live, work, and invest in one convenient Houghton Lake location.

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Turnkey Waterfront Cabin Resort

127 & 128 Oneida Drive, Houghton Lake, MI 48629

$1,500,000

6,800 sqft · 1.40 AC lot

Turnkey waterfront hospitality property with log cabins, an owner’s home, and sandy shoreline amenities for guest stays.

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Residential Income Property with Shop

5783 W Houghton Lake Drive, Houghton Lake, MI 48629

$999,000

4,850 sqft · 0.67 AC lot

Multiple en suites and a 50x80 attached shop support guest hosting, hobbies, and flexible on-site use.

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Hardware Store on M-55

6231 W Houghton Lake Drive, Houghton Lake, MI 48629

$299,900

10,180 sqft · 1.01 AC lot

Established hardware store with excellent visibility and ample space for sale.

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Houghton Lake Commercial Opportunity

317 Cherry Street, Houghton Lake, MI 48629

$250,000

1,890 sqft · 0.16 AC lot

Commercial property with established HVAC business for sale in Houghton Lake.

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Resort with Docks and Sandy Beach

5358 W Houghton Lake Drive, Houghton Lake, MI 48629

$700,000

0.43 AC lot

Own a lakeside resort offering three cabins and a twinplex, with docks and sandy beach on Houghton Lake.

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Commercial Land Parcel on M-55

W Houghton Lake Drive, Houghton Lake, MI 48629

$325,000

5.00 AC lot

Approximately 5 acres of commercial land positioned alongside Highway M-55 near major retail and service uses.

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Single-Family Home with Attached Shop

5783 West Houghton Lake Drive, Houghton Lake, MI 48629

$999,000

0.67 AC lot

Single-family home with multiple en suites, rooftop deck, putting green, and a 50x80 attached shop with lounge area.

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Commercial Acreage on Highway M-55

5 AC W Houghton Lake Drive, Houghton Lake, MI 48629

$325,000

5.00 AC lot

Prime commercial land near US 127 and Highway M-55.

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Commercial Land on M-55 Highway

W Houghton Lake Drive, Houghton Lake, MI 48629

$150,000

5.00 AC lot

5-acre commercial land with high visibility on M-55.

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Prime Commercial Acreage on M-55

5 AC W Houghton Lake Drive, Houghton Lake, MI 48629

$150,000

5.00 AC lot

Commercial land with high visibility on M-55 corner location.

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Zoned Commercial Development Land

Loxley Road, Houghton Lake, MI 48629

$239,900

7.27 AC lot

Vacant commercial land offering build-to-suit flexibility on a sizable parcel near M-55.

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Established Power Washing Business Opportunity

505 Erie Street, Houghton Lake, MI 48629

$125,000

Profitable power washing business with equipment and customer list included.

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Houghton Lake Campground Opportunity

9371 Carlos Avenue, Houghton Lake, MI 48629

$950,000

32.00 AC lot

Established campground near Houghton Lake with multiple revenue streams.

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Houghton Lake Commercial Property

1409 Heightsview Drive, Houghton Lake, MI 48630

$399,900

30,000 sqft · 4.39 AC lot

4.39-acre commercial property with multiple buildings for various uses.

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Mixed-Use Property with Workshop

6415 W Houghton Lake Dr, Houghton Lake, MI 48629

$144,900

300 sqft

Versatile commercial property for living and working with high visibility.

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Waterfront Cabin Resort

127 Oneida Drive, Houghton Lake, MI 48629

$1,500,000

7,000 sqft · 1.50 AC lot

Turnkey Northern Michigan waterfront operation with multiple log cabins, private docks, and a waterfront owner’s home.

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Commercial Land Near Houghton Lake

V/L 7.27AC Loxley Road, Houghton Lake, MI 48629

$239,900

7.27 AC lot

7.27 acres of commercial land near M-55.

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Houghton Lake Vacant Land

8989 W Houghton Lake Drive, Houghton Lake, MI 48629

$59,000

1.75 AC lot

Vacant land in prime Houghton Lake location.

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Houghton Lake, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Houghton Lake, MI, showcased through 38 active listings on our real estate platform. These investment opportunities span a total of 110,111 square feet of properties for sale, with an estimated market value of $9,797,400.

Sale prices for business properties in Houghton Lake, MI start at $144,900, averaging $544,300, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 7,922

Population Growth (5Y) +7.5%

Median Household Income $54,622

College Educated 25.4%

High-Yield Neighborhoods for Investment

Identify Houghton Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Houghton Lake Heights	$224.9K
Houghton Lake	$437.5K

Taxes & Financing

Tax Rate (average for all types) 3.50%

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Roscommon County

New Delisted

Total CRE Inventory on Market (SF)

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Houghton Lake, MI Commercial Real Estate for Sale

9252 W Lake City Road, Houghton Lake, MI 48629

9014 W Houghton Lake Drive, Houghton Lake, MI 48629

8848 State Avenue, Houghton Lake, MI 48629

4592 W Houghton Lake Drive, Houghton Lake, MI 48629

6415 W Houghton Lake Drive, Houghton Lake, MI 48629

6415 W Houghton Lake Drive, Houghton Lake, MI 48629

127 & 128 Oneida Drive, Houghton Lake, MI 48629

5783 W Houghton Lake Drive, Houghton Lake, MI 48629

6231 W Houghton Lake Drive, Houghton Lake, MI 48629

317 Cherry Street, Houghton Lake, MI 48629

5358 W Houghton Lake Drive, Houghton Lake, MI 48629

W Houghton Lake Drive, Houghton Lake, MI 48629

5783 West Houghton Lake Drive, Houghton Lake, MI 48629

5 AC W Houghton Lake Drive, Houghton Lake, MI 48629

W Houghton Lake Drive, Houghton Lake, MI 48629

5 AC W Houghton Lake Drive, Houghton Lake, MI 48629