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Neighborhood Shopping Center with End-Cap Space
For Lease
$7 SF/Yr

3451-3509 W Houghton Lake Dr, Houghton Lake, MI 48629

Retail, service, and office suites in a visible center with prominent signage and direct signalized access.

Space SizeContact for details
Days on Market548

Property Features for 3451-3509 W Houghton Lake Dr

General Information

Standard status Active
Property subtype Retail
Zoning COMMERICAL
Lease Type NNN

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Family Fare Supermarket & Merchandise Outlet, Tractor Supply, Harbor Freight, Dunham's
Traffic Count 13,915 vehicles/day
Road Access Yes

Amenities

Water
Sewer

Building Details

Tenancy Multi

Spaces For Lease

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Available Space $7/Mo

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Available Space $10/Mo

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Available Space $8/Mo

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Available Space $12/Mo

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Listing Agency: Bradley Company
Listed By: Katie Lovley · License ##6501411222
Source: Carwm.resimplifi
Added: Mar 1, 2025 Changed: Aug 29 Last Checked: Aug 30 at 2:00PM

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 Bradley Company

Investment Insights

Based on property information with market context.

Village Square is a 17,674-square-foot neighborhood shopping center offering multiple suite configurations for retail, service, and office users. The property includes an end-cap formerly occupied by Continental Rent-to-Own, along with fascia signage and large pylon signage positioned along Houghton Lake Drive. Its tenant mix includes retail, service, and office occupants, with Tractor Supply, Harbor Freight, and Dunham’s nearby.

The center fronts Houghton Lake Drive, also designated M-55, and has access through a traffic signal at Reserve Road. Reported traffic volume along the corridor exceeds 13,915 vehicles per day, with moderate traffic speeds. Family Fare Supermarket & Merchandise Outlet is located to the west, while Tractor Supply, Harbor Freight, and Dunham’s are positioned to the east. Additional nearby retailers include Dollar General, Little Caesars, Arby’s, Walmart, and Home Depot.

Key Highlights

  • 17,674‑square‑foot neighborhood shopping center
  • Multiple suite sizes available for retail, service, and office users
  • 13,915+ vehicles per day reported along Houghton Lake Drive

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Storage Facility Dental Office Pharmacy (Bike/Boat/Book/etc) Store Bakery

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

Lease Details

13,915 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

119
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?
Shopping center - Retail, service, and office suites in a visible center with prominent signage and direct signalized access.
Where is this shopping center located?
The property is located at 3451-3509 W Houghton Lake Dr Houghton Lake, MI.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 17,674‑square‑foot neighborhood shopping center; Multiple suite sizes available for retail, service, and office users; 13,915+ vehicles per day reported along Houghton Lake Drive
More about this property
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