Individually Owned Property summary
This exceptional mixed-use property, located at 1900 W Houghton Lake Dr in Houghton Lake, MI 48629, presents a significant investment opportunity. The 8,799 square foot building, constructed in 1966, sits on a 1.72-acre lot with 300 feet of frontage on a busy main street, ensuring high visibility. Currently 75% occupied, the property features a blend of commercial and residential space, adaptable to various uses. The building boasts unique features including two in-floor automobile… air/hydraulic hoists, an exhaust venting system, and infrastructure for a downdraft paint booth – remnants from its previous use. Recent renovations include new standing seam metal roofing with 2" rigid foam insulation on the front, 3" closed-cell foam insulation on the rear, and a 2020 repaving of the west parking lot. The interior features real hand-laid slate flooring in the front unit and a remodeled bike shop (2020) with new LED lighting, tongue-and-groove wood paneling, and racedeck flooring. The building is well-insulated, resulting in affordable heating and electrical costs. All tenants are on month-to-month leases. The property's zoning is commercial, and ample parking is available with 75 spaces. The building is a two-story structure with a butler steel rear section and easily removable non-structural walls, offering flexibility for future renovations or repurposing. An underground sprinkler system covers the landscaped areas. A small easement on the west side provides access to a new power pole with increased electrical capacity, available for future connection if needed. The asking price is $1,200,000 ($136.38/sq ft).
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1.72 ac
- APN
- 003-016-004-0160
- Assessed value · 2023
- $175,600
- Annual tax · 2022
- $5,144
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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