For Sale
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Property summary
The property is a former Rite Aid retail building in Houghton Lake, Michigan, comprising 11,440 square feet on a 0.97-acre site with more than 50 parking spaces. The site is located directly across from Houghton Lake Collins Elementary School and Houghton Lake Junior Senior High School, and it has frontage along W Houghton Lake Rd in an area that experiences significant daily traffic. Houghton Lake, the largest inland lake in Michigan, covers 20,044 acres across multiple townships, and the property’s surrounding area includes a population of more than 4,600 residents within a 3-mile radius.
Property profile
VerifiedCap rate & NOI
Current use
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Pharmacy
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Post Office Logistics Service
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Pharmacy
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Physician
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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