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    OFF-MARKET
    Retail properties & Spaces

    3509 Lk Dr, Houghton Lake, MI 48629

    5,244 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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