Houghton Lake, MI
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    Houghton Lake, MI Motels for Sale

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    Houghton Lake Heights, MI Prudenville, MI Roscommon, MI
    Houghton Lake Waterfront Commercial Property
    $425,000
    2,880 SF
    Houghton Lake Waterfront Commercial Property

    8848 State Avenue, Houghton Lake, MI 48629

    Iconic commercial/residential property with waterfront access and endless potential.
    • 138 feet of canal frontage with direct access to Houghton Lake
    • Zoned commercial waterfront offering versatile possibilities like motels, retail shops, restaurants, and single‑family dwellings
    • Existing commercial gift store in operation
    • Five rented boat slips providing immediate income
    • Residential living quarters included, ideal for owner‑operator
    Updated: May 22
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    Waterfront Trading Post Property
    $425,000
    Waterfront Trading Post Property

    8848 State Ave, Houghton Lake, MI 48629

    Zoned commercial waterfront with canal frontage and direct access to Houghton Lake, plus rented boat slips.
    • Zoned commercial waterfront property with 138 ft of canal frontage and direct access to Houghton Lake
    • All five boat slips are currently rented for the season
    • Rear portion used as residential living quarters and storage space for an owner‑operator setup
    • Permitted uses include motels, retail shops, restaurants, and single‑family dwellings
    • Special exception uses may include condominiums, microbreweries, and marinas (confirm approved uses with agent or Lake Township)
    Updated: Jun 16
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Houghton Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Four-Season Resort in Traverse City
    $3,500,000
    10,404 SF
    Four-Season Resort in Traverse City

    40-acre resort with lodging, dining, recreation, and event hosting.

    6841 Brown Bridge Road, Traverse City, MI 49696

    View details
    Turnkey Income Property with On-Site Living
    $779,000
    15,026 SF
    Turnkey Income Property with On-Site Living

    Diversified income property featuring apartments, motel, and commercial building.

    615 S I 75 Business Loop, Grayling, MI 49738

    View details
    Well-Maintained Motel in Grayling, MI
    $694,900
    10,261 SF
    Well-Maintained Motel in Grayling, MI

    22-unit motel on 4.86 acres near I-75.

    1024 I-75 Business, Grayling, MI 49738

    View details
    Resort with Furnished Rental Units
    $3,800,000
    36.00 Acres
    Resort with Furnished Rental Units

    Own a fully furnished resort operation with 19 rental units and a four-bedroom residence on a nature preserve setting.

    Traverse City, MI 49696

    View details

    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.

    Vacant Land Near Lake Leelanau
    $250,000
    2.69 Acres
    Vacant Land Near Lake Leelanau

    2.69 acres near Lake Leelanau, Traverse City, Michigan.

    6785 Fouch Road, Traverse City, MI 49684

    View details
    Commercially Zoned Corner Development Land
    $2,100,000
    8.00 Acres
    Commercially Zoned Corner Development Land

    8.86-acre corner site with municipal sewer, natural gas, and 3-phase electric for motel or restaurant development.

    7900,7990,7996 N Alger Road, Alma, MI 48801

    View details
    Highway Exit Commercial Land
    $300,000
    2.75 Acres
    Highway Exit Commercial Land

    Prime land with high visibility near resort community.

    Blue Star Highway lot: 2, Saugatuck, MI 49453

    View details
    Prime Corner Commercial Land Available
    $550,000
    0.60 Acres
    Prime Corner Commercial Land Available

    0.60-acre vacant lot on a hard corner in Canton.

    7125 N LILLEY Road, Canton Twp, MI 48187

    View details

    Houghton Lake, MI Motels Market Trends and Statistics

    Explore 2 motels for sale in Houghton Lake, MI on our real estate platform. These investment opportunities span a total of 3,018 square feet of properties for sale, with an estimated market value of $850,000.

    Sale prices for motels in Houghton Lake, MI start at $425,000, averaging $425,000, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Campgrounds 3
    Resorts 3
    Motels 2

    Demographics Overview

    Population 7,922
    Population Growth (5Y) +7.5%
    Median Household Income $54,622
    College Educated 25.4%

    High-Yield Neighborhoods for Investment

    Identify Houghton Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48629 $425K

    Taxes & Financing

    Tax Rate (average for all types) 3.50%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Roscommon County

    New Delisted

    Total CRE Inventory on Market (SF)

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