4562 Houghton Lake Dr Houghton Lake, MI 48629

Property Details for 4562 Houghton Lake Dr

Lot size

0.97 lot acres

Property type

Commercial real estate

APN

003-714-001-0000

APU

37140010000

Description

This 10,152-square-foot vacant retail building, formerly a drug store, presents a unique investment opportunity in Houghton Lake, Michigan. Built in 1990, this single-building property sits on a 0.97-acre lot at 4562 W Houghton Lake Dr, 48629. The property is strategically located along a high-traffic corridor (over 12,700 vehicles daily) with excellent visibility and proximity to major highways US-127 and I-75, making it easily accessible. The location benefits from a strong local economy driven by tourism in this popular Northern Michigan resort and fishing destination situated on Michigan's largest inland lake. The surrounding area boasts a high concentration of national retailers, including Arby's, Dollar Tree, McDonald's, Home Depot, and Walmart. The property's strong demographics include an average household income exceeding $61,993 within a one-mile radius and over 9,250 residents within a five-mile radius. This well-maintained building is available for sale or lease and offers excellent investment potential in a growing area. The property is currently vacant and ready for immediate occupancy. This net lease property offers a single tenancy and has no remaining lease term.

Location Insight

City

Houghton Lake

County

Roscommon

State

Michigan

Longitude

-84.7304

Latitude

44.2988

Property Tax & Assessments