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    Turnkey Retail and Service Building Title is generated by Realmo AI

    1200 W Houghton Lake Drive, Prudenville, MI 48651

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    For Sale
    $749,000

    COMMERCIAL - Prudenville, MI

    Type:Retail
    Property size:
    6,791 SF
    Lot size:
    1.70 Acres
    Price / SF:
    $110/SF
    Added:
    Mar 11, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 6 at 5:06 am

    Property Features for 1200 W Houghton Lake Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Parking features
    Parking Lot
    Exterior features
    Block
    Standard status
    Active
    Size
    6,791 SF
    Lot size
    1.70 Acres

    Taxes and HOA fees

    Tax Description
    COM AT E 1/4 COR SEC 15 TH S89DEG39'38" W 2082.97FT TH N0DEG00'38"W 27.24FT FOR POB TH N0DEG00'38"W ALG W LINE OF 9TH STREET 399.68FT TH N89DEG49'46"W 174.74 FT TH S0DEG05'18"E 308.86FT TH N90DEG 00'W 22.18FT Long Legal - See Assoc Docs for complete legal

    Utilities

    Water source
    Private

    Building Details

    Building materials
    Block
    Roof type
    Membrane

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    RUTH CLEMENS
    RUTH CLEMENS

    Listing agent RUTH CLEMENS License #6502369433

    Listing office COLDWELL BANKER SCHMIDT REALTORS-HL 1244 W HOUGHTON LAKE DRIVE PO BOX 109, PRUDENVILLE, MI

    Listing date Mar 11, 2026

    MLS# 1943095

    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

    • Block construction building with membrane roof
    • Parking lot on‑site with convenient entry access
    • Private water source
    • Commercial property with open layout and flexible work areas for retail, service, or mixed use

    Overview

    This well-maintained commercial building offers approximately 6,791 square feet and is designed for flexible business use. The interior includes a spacious open layout with adaptable work areas that can support both customer-facing operations and day-to-day administrative needs. The property also features solid construction and well-kept grounds, providing a straightforward, turn-key option for an owner-operator or an operator planning a commercial upgrade.

    Located at 1200 W Houghton Lake Drive in Prudenville, Michigan, the property provides convenient entry access and includes ample on-site parking. With road frontage, the site supports visible presentation for signage, and the overall site layout is set up to serve visitors and customers traveling to the area.

    The configuration and frontage make the building a practical fit for retail, service, or mixed commercial uses where customers need easy access and clear placement of storefront or service functions. The combination of a flexible interior layout, on-site parking, and direct road visibility can help streamline tenant operations whether you are establishing a new location or relocating an existing business.

    Local Financial Insights For Retail

    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 $81.5k $12.00
    − Vacancy −$11.2k −$1.66
    EGI $70.2k $10.34
    − OpEx −$21.1k −$3.10
    NOI $49.2k $7.24
    6,791 SF · lease $12.00/SF/yr · vacancy 13.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $702.5K
    $614.7K – $819.5K (±1% cap)
    NOI $49,172 @ 7.0% cap · market cap 6.57%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.12M
    $977.9K – $1.30M (±1% cap)
    NOI $78,232 @ 7.0% cap · market cap 10.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    UPS Access Point ... Courier Service

    Suggested Use

    Real Estate Agency Gym & Fitness Center Skin Care Clinic Grocery & Convenience Store Law Firm Garden Center Electrical Service Cafe & Coffee Shop Nail Salon Car Rental Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Prudenville
    County
    Roscommon
    State
    Michigan
    Longitude
    -84.660459
    Latitude
    44.298953

    FAQs

    What type of property is this?
    Retail space - Well-maintained retail/service building with an open interior, ample parking, and road frontage for convenient customer access.
    Where is this retail space located?
    The property is located at 1200 W Houghton Lake Drive Prudenville, MI.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: Block construction building with membrane roof; Parking lot on‑site with convenient entry access; Private water source
    More about this property
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