Drug Store

Houghton Lake, MI Drug Stores for Sale

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Houghton Lake Heights, MI Prudenville, MI Roscommon, MI Merritt, MI Harrison, MI Saint Helen, MI Marquette, MI Gladwin, MI
Former Drug Store Retail Building
Updated: Sep 18, 2024
Former Drug Store Retail Building

4562 W Houghton Lake Dr, Houghton Lake, MI 48629

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11,440 sqft
Former Rite Aid building in Houghton Lake, MI
11,440 SF building on 0.97 acres
50+ parking spaces on‑site
Traffic counts 12,700+ vehicles per day on W Houghton Lake Rd
Located directly across Houghton Lake Collins Elementary School & Houghton Lake Junior Senior High School
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Houghton Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Pharmacy Retail Building
Freestanding Pharmacy Retail Building

4252 Kalamazoo Avenue Southeast, Grand Rapids, MI 49508

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3,707 sqft 0.33 AC lot

Former pharmacy building with on-site parking, pylon signage, and storage basement in a high-traffic retail corridor.

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Drive-Through Retail Pharmacy Building
Drive-Through Retail Pharmacy Building

1420 Wright Avenue Unit SourceFi, Alma, MI 48801

$2,600,000
14,820 sqft

Freestanding NNN retail building with a drive-through area, ADA-compliant access, and roll-up receiving doors.

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Drug Store with Drive-Through
Drug Store with Drive-Through

1420 Wright Avenue, Alma, MI 48801

$2,600,000
15,000 sqft

Former national chain drug store with drive-through, ADA features, and an NNN lease remaining through 2032.

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Pharmacy Retail Leasehold
Pharmacy Retail Leasehold

1964 Fuller Ave NE, Grand Rapids, MI 49505

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Walgreens lease is in place with more than six years remaining and multiple five-year option periods.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Undeveloped Land in Weare Township
Undeveloped Land in Weare Township

3308 W Monroe Road lot: C - 25.74 Acres, Hart, MI 49420

$360,000
25.74 AC lot

25.74 acres of commercially zoned land near expressway.

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Hart, MI Undeveloped Commercial Land
Hart, MI Undeveloped Commercial Land

3308 W Monroe Road lot: B - 23.56 Acres, Hart, MI 49420

$300,000
23.56 AC lot

23.56 acres of commercially zoned land near expressway.

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Hart, MI Undeveloped Commercial Land
Hart, MI Undeveloped Commercial Land

3308 W Monroe Road lot: A - 2.18 Acres, Hart, MI 49420

$60,000
2.18 AC lot

2.18 acres of commercially zoned land near expressway.

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Land Parcel with Road Frontage
Land Parcel with Road Frontage

1257 E Sherman Boulevard, Norton Shores, MI 49444

$185,000
0.23 AC lot

Vacant land offering 218 feet of road frontage, with an additional parcel that includes a two-bedroom home.

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Houghton Lake, MI Drug Stores Market Trends and Statistics

Explore 1 drug stores for sale in Houghton Lake, MI on our real estate platform. These investment opportunities span a total of 11,440 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 6
Automotive properties 2
Drug stores 2
Shopping centers 2
Auto shops 1

Demographics Overview

Population 7,922
Population Growth (5Y) +7.5%
Median Household Income $54,622
College Educated 25.4%

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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