Houghton Lake, MI Mixed-use properties for sale

Updated: May 22

Waterfront Mixed-Use Property

8848 State Avenue, Houghton Lake, MI 48629

$399,000

2,880 sqft 0.32 AC lot

2,880‑square‑foot mixed‑use building with rear residential living quarters and storage
138 feet of total canal frontage with direct access to Houghton Lake
Five boat slips currently rented for the season
Vacant canal‑front lot included in the sale
C‑W zoning with stated uses including retail shops, restaurants, motels, and single‑family dwellings

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Updated: Jan 30

Mixed-Use Property with Workshop

6415 W Houghton Lake Drive, Houghton Lake, MI 48629

$139,999

3,744 sqft 0.56 AC lot

3,744‑square‑foot mixed‑use building with retail space, living quarters, and garage/workshop
Nearly 300 sq ft covered front porch
Situated on 0.56 acres along W Houghton Lake Drive
Views of Houghton Lake from a main thoroughfare
Parking lot and private water source

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Mixed-Use Property with Workshop

6415 W Houghton Lake Drive, Houghton Lake, MI 48629

$139,999

3,744 sqft 0.47 AC lot

Commercial-zoned property combines retail space, living quarters, and a garage/workshop under one roof.

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See what stands out in Roscommon County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Houghton Lake Commercial Property

1409 Heightsview Drive, Houghton Lake, MI 48630

$399,900

30,000 sqft 4.39 AC lot

4.39-acre commercial property with multiple buildings for various uses.

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Versatile Commercial Property on Main Thoroughfare

6415 W Houghton Lake Drive, Houghton Lake, MI 48629

$149,900

20,473 sqft

Live, work, and invest in one convenient location.

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Mixed-Use Property with Living Quarters

4376 W Houghton Lake Dr, Houghton Lake, MI 48629

Contact for pricing

Commercial space includes four-bedroom upstairs living quarters, a lake-view deck, and a separate log cabin behind the building.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Renovated Mixed-Use Building

5729 W Houghton Lake Drive, Houghton Lake, MI 48629

Contact for pricing

Updated commercial building with an open garage area and a complete studio apartment overlooking Houghton Lake.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 7 Active listings in Houghton Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Cinema

210 W Houghton Avenue, West Branch, MI 48661

$450,000

14,120 sqft 0.29 AC lot

Multi-component property combining a cinema, ice cream shop, and two rented apartments with rear-lot and public street parking.

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Motel Property With On-Site Residences

615 S I 75 Business Loop, Grayling, MI 49738

$779,000

15,026 sqft 25.00 AC lot

Includes guest lodging, multiple residential units, and a separate commercial building.

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Mixed-Use Property With Storage

230 Huron St, Grayling, MI 49738

Contact for pricing

8,760 sqft 2.50 AC lot

C-3B-zoned commercial property combines office, open-air, and self-storage improvements on a multi-acre site.

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Two-Tenant Mixed-Use Property

101 Plaza Drive, West Branch, MI 48661

Contact for pricing

11,000 sqft

Leased commercial building combining retail and restaurant operations.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Highway-Frontage Commercial Land

W Houghton Lake Drive, Houghton Lake, MI 48629

$169,000

2.00 AC lot

Two-acre commercial land parcel with direct Highway M-55 frontage and existing billboard revenue.

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Corner Commercial Land Lot

711 E Cedar Street, Gladwin, MI 48624

$44,900

0.35 AC lot

Vacant corner lot in downtown Gladwin with two driveways on M-61 and Industrial Drive and city water and sewer available.

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Off-Market Properties in Houghton Lake, MI

Consider similar Off-Market properties in Houghton Lake, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Day care centers

1070 Houghton Lake Dr, Houghton Lake, MI 48651

Value Estimation by Request

3,500 sqft 0.40 AC lot

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Houghton Lake, MI Mixed-Use Properties Market Trends and Statistics

Explore 8 mixed-use properties for sale in Houghton Lake, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 60,841 square feet of properties for sale, with an estimated market value of $1,228,798.

Sale prices for multi use buildings in Houghton Lake, MI start at $139,999, averaging $245,759, and reaching up to $399,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Houghton Lake - 48629	$207.2K
Houghton Lake Heights - 48630	$399.9K

Neighborhood

Average Price

Houghton Lake - 48629

$207.2K

Houghton Lake Heights - 48630

$399.9K

Houghton Lake, MI Mixed-use Properties for Sale

8848 State Avenue, Houghton Lake, MI 48629

6415 W Houghton Lake Drive, Houghton Lake, MI 48629

6415 W Houghton Lake Drive, Houghton Lake, MI 48629

1409 Heightsview Drive, Houghton Lake, MI 48630

6415 W Houghton Lake Drive, Houghton Lake, MI 48629

4376 W Houghton Lake Dr, Houghton Lake, MI 48629

5729 W Houghton Lake Drive, Houghton Lake, MI 48629