248-702-0288
4562 W Houghton Lake Dr, Houghton Lake, MI for Sale
Freestanding - FOR SALE
1/5
null | Request Cap Rate

4562 W Houghton Lake Dr
Houghton Lake, MI 48629


HIGHLIGHTS

  • 10,268 SF Free-Standing Building | Constructed in 1993
  • Directly in Front of Houghton Lake - Popular Northern Michigan Tourist Destination Renowned for Its Resort and Fishing Areas
  • Houghton Lake is Michigan's Largest Inland Lake With Tourism Making Up a Majority of the Local Economy
  • Strategically Located Along W Houghton Lake Dr Which Has Traffic Counts of Over 12,700 Vehicles Per Day
  • Proximity to Major Highways Such as US-127 and I-75 Provide Direct Routes to the Area and Make Houghton Lake a Popular Road Trip Destination
  • Average Household Income Within a 1-Mile Radius Exceeds 61,993

OVERVIEW

10,268 SF Free-Standing Building | Constructed in 1993 Directly in Front of Houghton Lake - Popular Northern Michigan Tourist Destination Renowned for Its Resort and Fishing Areas Houghton Lake is Michigan's Largest Inland Lake With Tourism Making Up a Majority of the Local Economy Strategically Located Along W Houghton Lake Dr Which Has Traffic Counts of Over 12,700 Vehicles Per Day Proximity to Major Highways Such as US-127 and I-75 Provide Direct Routes to the Area and Make Houghton Lake a Popular Road Trip Destination Average Household Income Within a 1-Mile Radius Exceeds 61,993 Population Within a 5-Mile Radius of the Subject Property Exceeds 9,250 Positioned Along a Retail Corridor and Surrounded by National Retailers Including Arby's, Dollar Tree, McDonald's, The Home Depot, and Walmart Well-Maintained and Ready for Immediate Use | Excellent Investment Potential in the Growing Area

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Rite Aid - For Sale or Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

Commerical

APN/PARCEL ID

003-714-001-0000

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.