Houghton Lake, MI Retail space for sale

Updated: May 22

Houghton Lake Waterfront Commercial Property

8848 State Avenue, Houghton Lake, MI 48629

$425,000

2,880 sqft 0.32 AC lot

138 feet of canal frontage with direct access to Houghton Lake
Zoned commercial waterfront offering versatile possibilities like motels, retail shops, restaurants, and single‑family dwellings
Existing commercial gift store in operation
Five rented boat slips providing immediate income
Residential living quarters included, ideal for owner‑operator

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This listing looks promising.

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8848 State Avenue, Houghton Lake, MI 48629

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Est. Cap Rate

4.9%
NOI ÷ price
Est. NOI

$21K
Annual
Price @ 7% Cap

$298K
Suggested
Last Sold

Aug 2022
$83K

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Updated: Jun 19

Seasonal Garden Center Retail Building

9014 W Houghton Lake Drive, Houghton Lake, MI 48629

$399,000

9,041 sqft 0.73 AC lot

9,041 SF West Shore Marketplace building used seasonally for sales of lawn/garden and other seasonal products
Ice cream counter featuring soft serve ice cream
Convenient on‑site parking with parking lot on‑site
Zoned CW: Commercial Waterfront District
Location near a stoplight corner with traffic count of 12,436 (boat traffic not included) and dock parking available on canal frontage on the west side of Houghton Lake

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Live-Work Commercial Building with Garage

6415 W Houghton Lake Drive, Houghton Lake, MI 48629

$144,900

3,744 sqft 0.56 AC lot

Versatile live-work setup with retail space, dedicated living quarters, and a large garage/workshop for flexible operations.

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Mixed-Use Property with Workshop

6415 W Houghton Lake Dr, Houghton Lake, MI 48629

$144,900

300 sqft

Versatile commercial property for living and working with high visibility.

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Versatile Commercial Property, Houghton Lake

6415 W Houghton Lake Drive, Houghton Lake, MI 48629

$144,900

3,744 sqft 0.47 AC lot

Live, work, and invest in one convenient Houghton Lake location.

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Hardware Store on M-55

6231 W Houghton Lake Drive, Houghton Lake, MI 48629

$299,900

10,180 sqft 1.01 AC lot

Established hardware store with excellent visibility and ample space for sale.

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Mixed-Use Retail and Office Building

4592 W Houghton Lake Drive, Houghton Lake, MI 48629

$229,000

3,417 sqft 0.17 AC lot

Improved commercial building with flexible main and upper levels plus a full basement for storage or equipment.

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Campground with Camp Store and Cabins

9371 Carlos, Houghton Lake, MI 48629

$950,000

Campground on 32-plus acres with 128 sites, rustic cabins, and a camp store for camping and seasonal stays.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 8 Active listings in Houghton Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail Building with Ample Parking

1200 W Houghton Lake Drive, Prudenville, MI 48651

$749,000

6,791 sqft 1.70 AC lot

Well-maintained retail building with a spacious open layout, flexible work areas, and ample on-site parking.

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Office Building with Retail Component

79 W Higgins Lake Drive, Roscommon, MI 48653

$350,000

700 sqft 19.22 AC lot

Office building with approximately 700 sq ft of retail space, set on 19.22 acres directly across from a state park.

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Higgins Lake Tourist Corridor Business

1857 W Higgins Lake Dr, Roscommon, MI 48653

$725,000

2,428 sqft 0.46 AC lot

Business with multiple revenue streams in premier tourist corridor.

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Retail Restaurant Building

Prudenville, MI 48651

$685,000

Well-maintained building currently operating as a deli with a flexible layout and spacious back area near Walmart on M-55.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000

2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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Houghton Lake, MI Retail Space Market Trends and Statistics

Explore 8 retail space for sale in Houghton Lake, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 33,306 square feet of properties for sale, with an estimated market value of $1,787,600.

Sale prices for retail space in Houghton Lake, MI start at $144,900, averaging $255,371, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
48629	$396.1K

Neighborhood

Average Price

48629

$396.1K