566 Houghton Lk Dr Prudenville, MI 48651-9463

Property Details for 566 Houghton Lk Dr

Lot size

1.25 lot acres

Property type

Commercial real estate

APN

003-011-013-0120

APU

30110130120

Description

This exceptional 2.2-acre commercial property in Prudenville, Michigan, presents a unique redevelopment opportunity. Located on M-18, between M-55 and E Houghton Lake Drive, this high-traffic location boasts excellent visibility and accessibility. The property's history includes a former Penney's Lumber yard, which was unfortunately destroyed by fire approximately four years ago. However, significant existing infrastructure remains, including a substantial 5,488 square foot foundation ready for a new building. Adding to the value are an 80 x 30 foot brick storage building and a separate 3,280 square foot enclosed storage area. This prime commercial land is situated in the southeastern part of Houghton Lake, Michigan's largest inland lake, ensuring a strong potential for various commercial ventures. The property's location on M-18 provides easy access for customers and employees. The existing structures offer immediate utility or potential for repurposing, significantly reducing initial development costs. This is an exceptional opportunity to acquire a well-positioned commercial property with significant existing assets in a desirable location. The asking price is $168,000. The property is zoned for commercial use and is ready for immediate development. This is a rare opportunity to capitalize on a prime location in a thriving area. The property's size and existing structures offer flexibility for a wide range of commercial uses.