730 W Houghton Lake Dr, Prudenville, MI 48651
For Sale
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This exceptional business opportunity in Prudenville, Michigan, presents a rare chance to acquire a high-visibility commercial property. Located at 730 W Houghton Lake, this 3,059 square foot building sits on a 1.4-acre lot, boasting an enviable position on a prominent corner with a stoplight. The property's strategic location directly across from a Walgreens pharmacy ensures significant foot and vehicle traffic, providing unparalleled exposure for any business. The high visibility afforded by this location is a key advantage for attracting customers and building brand awareness. Furthermore, an adjacent vacant lot is available, offering potential for expansion or additional development, providing flexibility for future growth and adaptation to evolving business needs. The property's size and location make it suitable for a wide range of commercial ventures, from retail establishments to service-based businesses. This is a truly unique opportunity to establish a thriving business in a high-traffic area with excellent visibility and potential for future expansion. The asking price is $639,000. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.