Listing Agency: The Miller Group of Saginaw Inc

Listed By: Robert Morford · License #MI 6502366247

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Sep 3 at 6:07AM

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Investment Insights

Based on property information with market context.

This retail property provides 5,100 square feet of commercial space for sale. The asset is located at 7463 Houghton Lake Drive in Houghton Lake, Michigan 48629.

Key Highlights

• 5,100 SF of retail space
• Located at 7463 Houghton Lake Drive, Houghton Lake, MI 48629

Property Analytics

Property Profile

Current Use

Mom's Unique Mural Resort Hammer Building & Restoration Construction Company

Suggested Use

Top Pick Building Supply Storage Facility Furniture & Home Goods Kitchen & Bath Showroom Bed & Breakfast 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

12

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial property identified for retail use and offered for sale.

Where is this retail space located?

The property is located at 7463 Houghton Lake Drive Houghton Lake, MI.

What are key features of this property?

This property features: 5,100 SF of retail space; Located at 7463 Houghton Lake Drive, Houghton Lake, MI 48629