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Houghton Lake Commercial Property
For Sale
$390,000

3044 W Houghton Lake Dr, Houghton Lake, MI 48629

Commercial property on M-55 in Houghton Lake, Michigan.

Property Size1,120 SF
Days on Market117

Property Features for 3044 W Houghton Lake Dr

General Information

Standard status Active
Size 1,120 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,052

Building Details

Building Size 1,120 SF
Year Built 1990
Listing Agency: EXP Realty Main
Listed By: Susan M Weis · License #6501354167
Source: Elliman
Added: Apr 26 Changed: Aug 17 Last Checked: Aug 15 at 4:43AM

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 EXP Realty Main

Investment Insights

Based on property information with market context.

This commercial property is located on M-55 in Houghton Lake. The property offers visibility and exposure along a highly traveled four-lane corridor. It is surrounded by established commercial uses. The property is an ideal location for an automotive service business. Formerly operated as an oil change facility, the building is positioned to reopen with minimal effort and provides a turnkey opportunity for an owner-operator. Its location near the waters of Houghton Lake captures both strong local traffic and seasonal tourism, further enhancing business potential. The property is located in a proven location and ready to serve a steady flow of customers. The bike score is 34, indicating it is somewhat bikeable. The walk score is 32, indicating car-dependent.

Key Highlights

  • High visibility and exposure on M‑55, a highly traveled four‑lane corridor.
  • Turnkey oil change facility, ready to reopen with minimal effort.
  • Strategic location near Houghton Lake, benefiting from local and seasonal tourism traffic.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Storage Facility Real Estate Agency Cafe & Coffee Shop Pet Grooming Service Restaurant Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48629, MI

7,420
Population
7,248
Households
1
Avg Household Size
56
Median Age
18%
College-Educated
90%
High-School Grad
77.5 sq mi
ZIP Area
96
Density / Sq Mi
$54,622
Median Household Income
$33,544
Median Earnings
$784
Median Rent
$142,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Auto shop - Commercial property on M-55 in Houghton Lake, Michigan.
Where is this auto shop located?
The property is located at 3044 W Houghton Lake Dr Houghton Lake, MI.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: High visibility and exposure on M‑55, a highly traveled four‑lane corridor.; Turnkey oil change facility, ready to reopen with minimal effort.; Strategic location near Houghton Lake, benefiting from local and seasonal tourism traffic.
More about this property
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