Property profile

3509 Lk Dr Houghton Lake, MI 48629

OFF-MARKET
Retail properties & Spaces
5,244 SF
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Property summary

AI-generated overview

This exceptional 5,244 square foot retail space is available for lease in the desirable Houghton Lake, Michigan area. Located at 3509 W. Houghton Lake Drive, this single-tenant property presents a unique opportunity for businesses seeking a prominent location in Roscommon County. The entire building, totaling 5,244 square feet, is currently vacant and ready for immediate occupancy. This presents a blank canvas for a prospective tenant to design and build out their ideal retail space. The property's location offers excellent visibility and accessibility, making it an attractive option for a wide range of retail businesses. The address, 3509 W. Houghton Lake Drive, Houghton Lake, MI 48629, ensures easy identification and convenient access for customers. The property is classified as commercial retail and is a single-tenant building, providing a private and controlled environment for the lessee. This presents a rare opportunity to secure a substantial retail space in a thriving community. The property's size and location make it suitable for a variety of retail concepts, from larger format stores to smaller boutiques. Interested parties are encouraged to inquire further to explore the possibilities this property offers. The property is situated in a convenient location within Houghton Lake, offering easy access for both customers and employees. The building's layout is adaptable and can be customized to meet the specific needs of the tenant. This is a prime opportunity to establish a successful retail business in a vibrant community.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,244 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3509 Lk Dr Houghton Lake, MI 48629
Houghton Lake metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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