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Flexible Retail Building For Lease
For Lease
$13 SF/Yr

3741 W Houghton Lake Drive, Houghton Lake, MI 48629

34,940± SF retail building available for lease along M-55, directly across from Houghton Lake.

Space SizeContact for details
Property Size34,940 SF
Days on Market224

Property Features for 3741 W Houghton Lake Drive

General Information

Standard status Active
Size 34,940 SF
Zoning Commercial

Additional Details

Highway Access Yes

Building Details

Building Size 34,940 SF
Year Built 1967
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Bob Fall · License #6506049037
Source: Phgrealty
Added: Jan 12 Changed: Aug 23 Last Checked: Aug 22 at 9:16AM

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 CENTURY 21 LEE-MAC REALTY

Investment Insights

Based on property information with market context.

A 34,940± square foot retail building is now available for lease, positioned along M-55, the primary east–west corridor serving Houghton Lake and the surrounding region. The property sits directly across from Houghton Lake, Michigan’s largest inland lake, supporting consistent year-round interest from residents, tourists, and seasonal visitors.

The building is described as flexible in configuration, with the ability to accommodate a single anchor tenant or multiple retail, service, or entertainment users. Strong frontage and easy access are noted as key site attributes, with signage potential also mentioned in the property materials. This makes the space appropriate for a range of retail uses and concepts seeking visibility and a broad mix of customer traffic drawn to the Houghton Lake area.

Key Highlights

  • 34,940 ± SF retail building available for lease along M‑55
  • Located directly across from Houghton Lake
  • Supports flexible tenancy for a single anchor or multiple retail, service, or entertainment users

Property Analytics

Current Use

Arnie's Arts & Crafts (Bike/Boat/Book/etc) Store 400 Bad Request Data Center

Suggested Use

Top Pick Real Estate Agency Restaurant Grocery & Convenience Store Cafe & Coffee Shop Storage Facility Arcade & Gaming Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby
Well-served
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - 34,940± SF retail building available for lease along M-55, directly across from Houghton Lake.
Where is this shopping center located?
The property is located at 3741 W Houghton Lake Drive Houghton Lake, MI.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: 34,940 ± SF retail building available for lease along M‑55; Located directly across from Houghton Lake; Supports flexible tenancy for a single anchor or multiple retail, service, or entertainment users
More about this property
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