1200 W Houghton Lake Drive, Prudenville, MI 48651
High-traffic location suitable for retail, service, or mixed commercial operations.
- Added:
- Mar 13, 2026
- Days on Market:
- 116
- Last Refresh:
- Mar 19 at 11:14 pm
Property Features for 1200 W Houghton Lake Drive
General Information
- Standard status
- Active
- Size
- 6,791 SF
- Property subtype
- Special Purpose
Listing office Coldwell Banker Commercial Schmidt, Realtors Prudenville (989) 429-3100
Listing date Mar 13, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Schmidt, Realtors Prudenville
HighLights
- High‑traffic, easily accessible location with excellent road frontage and signage potential.
- Generous square footage suitable for diverse business uses.
- Ample on‑site parking and convenient entry access.
- Spacious open layout and flexible work areas.
- Ideally situated near established businesses, residential neighborhoods, and major travel routes.
- Solid construction and well‑kept grounds; turnkey opportunity.
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
- -84.661889
- Latitude
- 44.298754
