South Shore Marina with 100 feet of sandy beach waterfront, offering a versatile range of established and potential income opportunities. Primary home has been fully remodeled, top of the line finishes, with no expenses spared (just needs finishing touches to complete). Home boasts a main-floor, water-view master suite and updated kitchen and a water-facing patio. Two, water-view studio cottages have been completely remodeled and are fully-furnished with kitchenettes for two-person, couple functionality including shaded, water-view patios. These cottages have not been rented since the completion of remodel and were previously grossing $1000/month for 12-month rental and are estimated to be capable of $180 to $250 per night on short-term rental. Primary home could similarly be used as a primary home and/or could be rented on short-term rental for sleeping an estimated 10 to 12 people. Walk-out lower level could be finished into an additional unit maybe for a caretaker/owner residence. Western portion of property holds potential for additional construction --- possibly for additional rental cottages or another house. Launch a kayak, paddle board, and canoe rental business. Offer pontoon rentals for short-term rental clientele. Commercial zoning. Property currently sustains 36 boat slips with an annual gross rental income of $45,000 for seasonal slip rental. Gross income conservatively at $93,500 but could far exceed this number with vision and care. More financials available upon request.
Location...Location...Location... Here's your opportunity to own a well established retail business located at one of the busiest intersections in Houghton Lake. Current sales include fireworks, sporting goods, gun sales, ammunition, tobacco products bait and tackle, lotto and DNR licenses. Inventory is available to purchase or seller will liquidate. Property is currently being offered as a profitable business or if your looking to start a business of your own this location would be an ideal spot to do so. Property is at the corner of M-55 and Old US-27 and is within minutes of Highway I-27.
Two additional parcels border this property and are currently for sale. Combined, the acreage available would total close to 14 acres. See MLS # 201831545 and MLS #201831547
Own a piece of history with this family friendly resort on beautiful Houghton Lake. Boasting 321 ft of shoreline, this 1.41 acre property includes a 1200sq ft main home (owner residence) , 6 - 630 sq ft and 2 - 720 sq ft rental cabins, a game room/ laundry building. Continue using it as an income property or make it your own private waterfront playground. The possibilities are endless!!
Calling all investors! This 4 unit apartment complex, previously converted from a motel, is ready for its new owners! Featuring 6 bedrooms, 4 bathrooms, and 4 kitchenettes (one for each unit.) 47 feet of M-55 frontage allows for your own private entrance to the back of the property, and plenty of parking! Live in the guest quarters, and rent the other units to make your mortgage payment every month, or be an off-site landlord. The possibilities are endless! What would YOU do with this investment property?
Prime commercial acreage on Highway M-55 adjacent Don Nester Chevrolet, east of the new Dollar General, between Dollar General and Nester Chevrolet and across the highway from U-Haul Moving & Storage of Houghton Lake. There is a total of appx. 5 acres. Great location. Less than 1 mile from US 127, Highway M-55 Exit.
Prime commercial acreage on Highway M-55, adjacent and directly east of Don Nester Chevrolet and on a highly visible M-55 corner location on M-55 and Loxley Road. This parcel is approximately 5 acres and nearly 300 ft of commercial frontage. Great location. Less than 1 mile from US 127, Highway M-55 exit.
Prime commercial acreage on Highway M-55 adjacent Don Nester Chevrolet, east of the new Dollar General, between Dollar General and Nester Chevrolet and across the highway from U-Haul Moving & Storage of Houghton Lake. There is a total of appx. 5 acres. Great location. Less than 1 mile from US 127, Highway M-55 Exit.
Prime commercial acreage on Highway M-55, adjacent and directly east of Don Nester Chevrolet and on a highly visible M-55 corner location on M-55 and Loxley Road. This parcel is approximately 5 acres and nearly 300 ft of commercial frontage. Great location. Less than 1 mile from US 127, Highway M-55 exit.
This versatile retail building is ready to customize to your needs. It includes a large retail area, living space and huge garage area. Great location with views of Houghton Lake. The nearly 300 sq ft covered porch welcomes customers. With the live-in quarters, you would be able to live and work in this building located on a main thoroughfare.
Prime Commercial Property offering the largest space available in Houghton Lake. This property boasts 8 acres spanning between busy M55 and Crawford Avenue. With plenty of room to create your business including upscale campground, retail, strip mall, apartment buildings or more. Located across the street from Houghton Lake, this commercial property offers lake views, making it perfect to attract potential customers and a steady flow of traffic. With lots of room to build and renovate, this property is a developer's ideal. There are four efficiency apartments on site, currently rented, which can bring in over $4,000 a month in rental income. The property was previously a popular amusement park with rides, arcade, miniature golf, retail and snack area. Make your American Dream come true.
Discover the endless possibilities with this charming 2-bedroom, 1-bathroom house situated on six expansive lots with prime M-55 frontage. Boasting stunning views of Houghton Lake, this property offers a unique blend of residential comfort and commercial potential. Whether you're looking to establish a business, create a cozy home, or both, this versatile property is your canvas. Don't miss this rare opportunity to own a piece of prime real estate in a highly desirable location.
With 117 feet on M55, this two-bay garage is perfect for a service/repair company. Beautiful views of Houghton Lake will make the workday go faster as you service vehicles or maintain and store your company's fleet. The 1,188 square feet facility offers office space, bathroom, and bright garage space with hoist and central air. Located in a busy area of town, this is the perfect location to grow your business.
Multiple income streams are possible with this Houghton Lake landmark. In addition to the 100-slip marina, the property includes 4 efficiency apartments, a retail store, live bait wells, fueling station for boats, and lots of garage and pole barn space for additional business opportunities including shrinkwrapping and repair. The 32-foot lighthouse has been a lake landmark for decades. The opportunities abound here. See Documents for LMarketing Profile
Prime opportunity awaits with this expansive 2.57-acre commercial lot conveniently located within 100 feet of W Houghton Lake Dr. Offering unparalleled flexibility for business development, this parcel is ideally positioned for accessibility, just off M55 and a mere mile east of US27. Electric service is readily available at the street, ensuring seamless utility connections for your future enterprise. Don't miss out on establishing your business in this highly desirable location!''
Welcome to your next investment opportunity! This versatile commercial building offers ample space for servicing vehicles, displaying inventory, and conducting sales, this property is poised for success in the automotive industry. In additional to its commercial space, this building offers a convenient 1200 square foot apartment ideal for live-in owners. Equipment is available to purchase at an additional cost. Motivated Sellers, Make an offer!
Located on the highly desirable and visible M-55 W. Houghton Lake Road, is this mixed use, incredible opportunity. Featuring 13 class rooms/private offices, a large living room with fireplace, large kitchen, and plenty of baths, the possibilities are endless. Potential uses include medical/dental, spa/salon with private suites, nail salon, tanning salon, doggy daycare, veterinary practice, or leverage the local zoning to for AirBnB opportunities! With ample parking, and a great location, this is an investors dream. Additionally, this property can be converted back to a single family home, or duplex. Bring your imagination, because it most likely will work.
Located on the highly desirable and visible M-55 W. Houghton Lake Road, is this mixed use, incredible opportunity. Featuring 13 class rooms/private offices, a large living room with fireplace, large kitchen, and plenty of baths, the possibilities are endless. Potential uses include medical/dental, spa/salon with private suites, nail salon, tanning salon, doggy daycare, veterinary practice, or leverage the local zoning to for AirBnB opportunities! With ample parking, and a great location, this is an investors dream. Additionally, this property can be converted back to a single family home, or duplex. Bring your imagination, because it most likely will work.
4.75 acres of PRIME LAND adjoing127 corridor and exit 194. Great spot for a multi-unit complex as well. Mostly cleared perfect for building storage units, fast food or anything commercially allowed. Situated next to the American Inn & Suites.
Opportunities are abundant with this Commercial/Residential property. You can live here and/or work here OR if you're looking for an investment, considering the income potential with this property it could pay for itself. The building boasts 2 Turn-key apartments, over a thousand sq. ft. of Commercial space, along with roughly another thousand sq. ft. of Storage space and ample Parking. The building has been renovated over the past 5 years and the updates include but are not limited to a new Well, On-demand Hot Water, Blown Insulation, Flooring, Cabinets, Bath Fixtures, Lighting, Windows, Paint, Doors, and much more.The Commercial Space is currently a Gift Shop. The two apartments are freshly appointed and permitted with reservations in place for short-term rentals this summer.
Super Car Wash ~ Touchless Automatic 24 Hours. Offers two touchless automatic drive through bays and six self serve bays. One of the self serve bays accommodates larger vehicles such as semi-trailer trucks and motorhomes. Several coin operated vacuum islands. There is a small office connected to the mechanical room that contains the boiler systems, electronic equipment and water storage tanks. A total of 4,243 square feet of block construction in excellent condition and fully operational. Located on Highway M-55 Houghton Lake in a commercially zoned area with approximately 240 feet of frontage, offering high visibility.
AMAZING INVESTMENT OPPORTUNITY--located on the shores of Michigan's largest inland lake, commercial property with lake frontage does not come by very often! Close to I-75 and US-127, this property includes a 10 unit motel, living quarters for the on site manager, 2 cabins and a pole barn. Current tenants are long term with some units being rented weekly during the summer. Property is situated on 200 feet of Houghton Lake-great potential for new development!! Call for your appointment today!!
What an opportunity! All the equipment and customer list (which is extensive.) to operate a professional Power Washing Company. This business has been in operation here in this county for 27 years and uses both hot and cold applications. Equipment includes a 2001 2500 Chevy Silverado, two trailers that hold two hot water units and a cold water unit, and all the necessary equipment to continue this operation. The present owner will train. Seller willing to stay on to help and promote for a period of up to 2 years at an agreed upon hourly wage.
Houghton Lake is located in Michigan. Houghton Lake, Michigan has a population of 3,528. Houghton Lake is more family-centric than the surrounding county with 15.35% of the households containing married families with children. The county average for households married with children is 14%.
The median household income in Houghton Lake, Michigan is $30,083. The median household income for the surrounding county is $37,834 compared to the national median of $57,652. The median age of people living in Houghton Lake is 52.5 years.
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 9.3 degrees. The average rainfall is approximately 32.5 inches per year, with 66.6 inches of snow per year.
