Property profile

3491 Houghton Lake Dr Houghton Lake, MI 48629

OFF-MARKET
Retail properties & Spaces
8,450 SF
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Property summary

AI-generated overview

This exceptional 8,450-square-foot retail space is available for lease in Houghton Lake, Michigan. Located at 3491 W Houghton Lake Dr Suite A, this single-tenant property offers a significant opportunity for businesses seeking a prominent presence in Roscommon County. The entire building is currently vacant, presenting a blank canvas for a new tenant to customize the space to their exact specifications. The property's size allows for a wide range of retail concepts, from large-format stores to multiple smaller businesses under one roof. Its location on W Houghton Lake Dr provides excellent visibility and accessibility for customers. The property is classified as commercial retail and is situated in a thriving area of Houghton Lake, offering a strong potential customer base. The address is easily identifiable and accessible, ensuring convenient access for both customers and employees. This is a rare opportunity to secure a substantial retail space in a desirable location. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire promptly to secure this prime retail space. The zip code for this property is 48629.

Property profile

Verified
Property type Retail properties & Spaces
Total area 8,450 SF

Cap rate & NOI

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

Location

3491 Houghton Lake 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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