1070 Houghton Lake Dr Houghton Lake, MI 48651
- Day care centers
- 3,500 SF
- 0.40 lot acres
Current Use by Public Records
- Day care centers
Property Details for 1070 Houghton Lake Dr
- Year built
- 1991
- Lot size
- 0.40 lot acres
- Property size
- 3,500 SF
- Property type
- Day care centers
- Property subtype
- Retail properties
Description
This exceptional mixed-use property, located at 1070 W Houghton Lake Dr, Houghton Lake, MI 48651, presents a unique investment opportunity. The 3,500 square foot building, constructed in 1991 and renovated in 2020, sits on a 0.4-acre lot with ample parking for 12 vehicles. Currently vacant with an occupancy date of October 15, 2024, this property offers immense flexibility. The building features 13 rooms suitable for various uses, including private offices, treatment rooms, or suites. Additional spaces include a large living room with a fireplace and a sizable kitchen. The property's zoning permits multi-family use, opening doors to diverse possibilities such as a medical/dental practice, spa/salon, daycare, or even conversion to a single-family home or duplex. Its prime location on the highly visible M-55 W Houghton Lake Road ensures excellent visibility and accessibility. The asking price is $349,900, translating to $99.97 per square foot. This two-building, single-story property represents a compelling investment for owner-users seeking a versatile and well-located asset in a thriving community. The property is privately owned.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houghton Lake
- County
- Roscommon
- State
- Michigan
- Longitude
- -84.6582
- Latitude
- 44.2987
