5921 W Houghton Lake Drive
Houghton Lake, MI, 48629 $ 284,900
Baths0.0 Sq 3,660 Monthly Estimate*
$ 1,894
Studio
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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FeaturesGeneralHeating Forced Air
Possession Negotiable (Possession)
Roof Asphalt
Water Private Well
Status Active Active
Year Built 1840
Parking Parking Lot
Subdivision Unknown MI
County Roscommon
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name Artisan
Percent Ownership Private
Municipality Roscommon Twp
Section 14
Zoning Commercial Residential
Commercial Features Bath Other
Area Roscommon Twp (72011)
Primary City Houghton Lake
Directions On M-55 between Federal Avenue and Roosevelt Ave. South side of road.
City Houghton Lake
Street Name Houghton Lake
Financial Terms Cash Conventional
Legal Description L-1023 P-1829 (L-622 P-648) 224 5921 W HOUGHTON LAKE DRIVE 48629LOT 2 BLK 5 VILLAGE OF HOUGHTON LAKE.
DOM 18
Postal Code 48629
Price Per Sq Ft Total 77.84
Coming Soon Opportunities are abundant with this Commercial/Residential property. You can live here and/or work here OR if you're looking for an investment
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ExteriorExterior Aluminum Frame
Lot Size Area 0.12
Lot Dimensions 50 x 100 x 70 x 100
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* Excluded FeaturesList ByGREG ROBINSONListing Agent
Century 21 Northland-Houghton LkBroker
grobinson@realtynorth.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in Houghton Lake, MI
Average List Price $440,600
Percent of Sale Price 55%
About Houghton Lake, MI 3,609 Population
-3% Since 2002
$ 32,200 Median Income
51.78 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/17/2024 | $284,900 | | Listed Price |