1856 Houghton Lk Dr Houghton Lake, MI 48629-8237
Property profile & analytics
1856 Houghton Lk Dr Houghton Lake, MI 48629-8237
- Commercial real estate
- 0.57 lot acres
Property ID
US43-3636749
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Splash N Dash / Car Wash
Property Details for 1856 Houghton Lk Dr
- Lot size
- 0.57 lot acres
- Property type
- Commercial real estate
- APN
- 003-016-004-0120
- APU
- 30160040120
Description
This exceptional turnkey business opportunity presents a thriving car wash located at 1856 W Houghton Lake Dr, Houghton Lake, MI 48629. The 4,780 square foot facility sits on a 0.86-acre lot and enjoys a prime location on a major thoroughfare with an estimated 18,000 vehicles passing daily (VPD), ensuring high visibility and consistent customer traffic. The car wash caters to both local residents and tourists, offering a unique service for boats, personal watercraft (PWC), and other vehicles, a rare advantage in the area. Adding to its profitability, the property includes fourteen self-storage units at the rear, boasting a strong retention rate. This established business benefits from its proximity to major national retailers such as Walmart, Home Depot, Dunham's, Taco Bell, and McDonald's, further enhancing its customer base. The asking price is $475,000, and the sale includes all business assets, equipment, and real estate. This presents a rare opportunity to acquire a well-established, profitable business with significant growth potential. The property also qualifies for bonus depreciation, offering additional tax advantages for the buyer. This is a truly turnkey operation ready for immediate ownership and income generation.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Houghton Lake
- County
- Roscommon
- State
- Michigan
- Longitude
- -84.6745
- Latitude
- 44.2991
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,423
$0.00
$0.00
$141,300
-
$0.00
$0.00
$282,600
