Houghton Lake, MI Flex space for sale

Updated: Apr 9

Short-Term Rental Property With Shop

5783 W Houghton Lake Drive, Houghton Lake, MI 48629

$799,900

6,750 sqft 0.67 AC lot

Approximately 2,750 sq. ft. of living space
50' x 80' shop with built‑in lounge area
Rooftop deck with Houghton Lake views
Multiple en suites and spacious gathering areas
Outdoor putting green

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This listing looks promising.

Here's a quick look at some key insights for

5783 W Houghton Lake Drive, Houghton Lake, MI 48629

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Est. Cap Rate

5.1%
NOI ÷ price
Est. NOI

$41K
Annual
Price @ 7% Cap

$587K
Suggested
Last Sold

Aug 2024
$17K

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Updated: Dec 23, 2025

Flex Space with Loading Dock

317 Cherry Street, Houghton Lake, MI 48629

$250,000

1,890 sqft 0.16 AC lot

1,890‑square‑foot flex property
200‑amp electrical service
Open shop area with overhead door and loading dock
Pifer & Morford Heating HVAC business included
Sale includes client list and HVAC equipment

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Houghton Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Warehouse and Office Flex Building

1953 S M 33, West Branch, MI 48661

$250,900

4,800 sqft

Warehouse and office flex building on over 4 acres with outside storage lean-to and additional storage buildings.

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Distribution Center with Truck Docks

111 River, Cadillac, MI 49601

Contact for pricing

29,400 sqft

Functional industrial facility with loading infrastructure, office areas, reinforced floors, secure fencing, and expansion land on separate parcels.

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Flex Space With Loading Door

252 Bell Avenue, Cadillac, MI 49601

Contact for pricing

5,000 sqft

Versatile commercial space with an open plan, private office, ADA-compliant restroom, and convenient delivery access.

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Pole Building with Finished Living Space

3380 Bella Ln, West Branch, MI 48661

$250,000

Pole building on an insulated, heated structure with concrete drive and 14' and 9' garage doors with openers.

View details

Houghton Lake, MI Flex Space Market Trends and Statistics

Explore 2 flex space for sale in Houghton Lake, MI on our real estate platform. These investment opportunities span a total of 8,640 square feet of properties for sale, with an estimated market value of $1,049,900.

Sale prices for business spaces in Houghton Lake, MI start at $250,000, averaging $524,950, and reaching up to $799,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
48629	$575K

Neighborhood

Average Price

48629

$575K

Houghton Lake, MI Flex Space for Sale

5783 W Houghton Lake Drive, Houghton Lake, MI 48629

317 Cherry Street, Houghton Lake, MI 48629