1200 W Houghton Lake Drive, Prudenville, MI 48651
- Added:
- Mar 11, 2026
- Days on Market:
- 103
- Last Refresh:
- Jun 21 at 4:06 pm
Property Features for 1200 W Houghton Lake Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Rooms
- Basement
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 6,791 SF
- Lot size
- 1.70 Acres
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 2005
- Building materials
- Block
- Roof type
- Membrane
- Architectural style
- Other
Listing agent RUTH CLEMENS (989) 429-3100
Listing office COLDWELL BANKER SCHMIDT REALTORS-HL 1244 W HOUGHTON LAKE DRIVE, PRUDENVILLE, MI (989) 366-5522
Listing date Mar 11, 2026
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑traffic, easily accessible location with excellent road frontage and signage potential.
- Generous square footage with a spacious, open layout suitable for diverse business uses.
- Ample on‑site parking and convenient entry access.
- Solid construction, well‑maintained building and grounds, turnkey opportunity.
- Ideally situated near established businesses, residential neighborhoods, and major travel routes, offering strong growth potential.
- Includes basement, central air, and forced air heating.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.9k | $15.00 |
| − Vacancy | −$20.4k | −$3.00 |
| EGI | $81.5k | $12.00 |
| − OpEx | −$20.4k | −$3.00 |
| NOI | $61.1k | $9.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Prudenville
- County
- Roscommon
- State
- Michigan
- Longitude
- -84.660459
- Latitude
- 44.298953
