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    8979 W Houghton Lake Dr Houghton Lake, MI 48629

    Sponsored
    For Sale
    $375,000

    SINGLE_FAMILY - Houghton Lake, MI

    Type:Retail
    Property size:
    6,000 SF
    Days on Market:
    132
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 8979 W Houghton Lake Dr

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    C-1
    APN
    006-033-016-0297
    Parking features
    Parking Lot
    Size
    6,000 SF

    Utilities

    Water source
    Well

    Building Details

    Building materials
    Steel Siding

    Coldwell Banker Schmidt REALTORS Houghton & Higgins Lakes (989) 366-5522

    Listing agent Craig Sredzinski (989) 366-5522

    Listing date Aug 27, 2025

    Copyright © 2025 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Retail Business Opportunity

    This property presents an opportunity to acquire a well-established retail business situated at a high-traffic intersection in Houghton Lake. The business currently generates revenue from fireworks, sporting goods, gun sales, ammunition, tobacco products, bait and tackle, lotto, and DNR licenses. The property, inclusive of the building and real estate, is available for purchase. Located at the corner of M-55 and Old US-27, the site is also conveniently located within minutes of Highway I-27. The building has a size of 6000 square feet. The zoning is C-1. Note that the list price excludes inventory.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    H & H Fireworks, ... Fireworks Store

    Suggested Use

    Realty agency Restaurant Dental Office Hair Salon Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop Auto Parts Store Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houghton Lake
    County
    Roscommon
    State
    Michigan
    Longitude
    -84.793963
    Latitude
    44.336402

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    FAQs

    What type of property is this?
    Retail space - Profitable retail business for sale at a busy intersection.
    Where is this retail space located?
    The property is located at 8979 W Houghton Lake Dr Houghton Lake, MI.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of M-55 and Old US-27.; - Established retail business with diverse income streams (fireworks, sporting goods, gun sales, etc.).; - Opportunity to purchase the real estate and building.
    (586) 604-2107
    Request Owner's contact information
    8979 W Houghton Lake Dr Houghton Lake, MI 48629
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8979 W Houghton Lake Dr Houghton Lake, MI 48629
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