7520 Houghton Lake Rd Merritt, MI 49667
This exceptional 2,000 square foot commercial property presents a unique investment opportunity in Merritt, Michigan. Situated on a one-acre lot on the bustling M-55 highway, this property boasts high visibility and convenient access. The main structure, formerly a party store, offers ample space for a variety of commercial ventures. Its strategic location near the Merritt Speedway ensures high traffic volume and potential customer base. Adding to its versatility, the property includes a single-wide mobile home, ideal for on-site living or employee housing, significantly reducing overhead costs. A two-stall garage provides additional storage or workshop space. The combination of commercial building, mobile home, and garage creates a flexible and cost-effective solution for entrepreneurs seeking a prime location with multiple uses. The property's size and location make it suitable for a wide range of businesses, from retail to light industrial operations. This is a rare chance to acquire a well-positioned commercial property with significant potential for growth and profitability. The property is priced competitively at $129,000, offering a strong return on investment. Don't miss this opportunity to establish your business in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.