5921 W Houghton Lake Drive Houghton Lake, MI $ 284,900
5921 W Houghton Lake Drive
$ 284,900
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5921 W Houghton Lake Drive

Houghton Lake, MI, 48629
$ 284,900
Baths0.0 Sq 3,660

Monthly Estimate*

$ 1,894

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Studio

Commercial Property for sale in Houghton Lake, MI

for $284,900. This 3,660 square foot building was built in 1840 on a lot size of 0.12.

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. Location! Location! Location! Spectacular Lake Views! It's across the street from Houghton Lake, the largest natural inland lake in the State of MI. And, to top it off, it's kiddy- corner from Lakeview Waterfront Park which has a sunny beach, a fishing pier, and a boat ramp. Hundreds of miles of trails for ATVs are accessible nearby as well as biking, hiking, boating, golf, skiing, swimming, birdwatching, and much more. Stores, Restaurants and bars are within walking distance.

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Commercial Active

Price

$ 284,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,657

Style

Retail/Commercial

Lot Size

0.12

Year Built

1840

Town/City

Houghton Lake

County/Region

Roscommon

MLS | Web ID

1922398

Features
General
Roof Asphalt
Zoning Residential Commercial
Sewer Private Septic
Construction Frame
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Interior
Basement Crawl Space
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Exterior
Exterior Features Aluminum
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* Excluded Features
List By
Century 21 Northland-Houghton Lk

Broker

(517) 202-9894

Phone

Affordability Calculator

$2,032
Per Month
93%
7%
0%
Monthly Principal & Interest
$1,894
Monthly Property Taxes
$138
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$284,900 Listed Price

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5921 W Houghton Lake Drive, Houghton Lake, MI, 48629 is a Commercial Property for sale at $284,900 with 3,660 sqft and a lot size of 0.12. 5921 W Houghton Lake Drive is a studio with 0.0 baths and was built in 1840. The property's zip code is 48629 which is in Houghton Lake, MI