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209-Unit Self Storage Facility
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7685 W Houghton Lake Dr, Houghton Lake, MI 48629

Recently built storage facility with a substantial unit base and established presence near Houghton Lake.

Property Size30,000 SF
Price / SF$50
Days on Market144

Property Features for 7685 W Houghton Lake Dr

General Information

Standard status Active
Size 30,000 SF
Property subtype Self Storage
Occupancy 53%
Net Operating Income $64,118

Additional Details

Self-Storage Units 209

Building Details

Year Built 2021
Year Renovated 2023
Buildings 7
Stories 1
Tenancy Multi
Listing Agency: Matthews
Listed By: Campbell Watkins · License #GA 430010
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 31 at 1:22PM

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 Matthews

Investment Insights

Based on property information with market context.

This self storage facility contains 209 units within approximately 30,000 square feet of property improvements. Completed in 2021, the asset offers a relatively recent construction profile and a dedicated configuration for storage operations.

The property is located at 7685 W Houghton Lake Dr in Houghton Lake, Michigan, near Houghton Lake. Its unit count, building size, and 2021 construction date provide a clear basis for evaluating the facility as an operating self storage asset.

Key Highlights

  • 209‑unit self storage facility
  • Approximately 30,000 SF of property improvements
  • Built in 2021

Property Analytics

Current Use

Two Bears Storage Storage Facility

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

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Recently built storage facility with a substantial unit base and established presence near Houghton Lake.
Where is this self storage facility located?
The property is located at 7685 W Houghton Lake Dr Houghton Lake, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 209‑unit self storage facility; Approximately 30,000 SF of property improvements; Built in 2021
More about this property
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