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13710 W Shore Dr 21,596 SF Specialty Building Offered at $1,175,873 CAD at a 2.36% Cap Rate in Houghton Lake, MI 48629
INVESTMENT HIGHLIGHTS
- Located on Michigan’s largest inland lake, spanning approximately 22,000 acres
- Storage Parcel With Gravel Lot
- 32 Boat Slips
- Private Boat Launch
EXECUTIVE SUMMARY
Prime redevelopment opportunity with 280 Ft of shoreline.
PROPERTY FACTS
| Price | $1,175,873 CAD | Building Class | C |
| Price Per SF | $54.45 CAD | Lot Size | 4.00 AC |
| Sale Type | Investment or Owner User | Building Size | 21,596 SF |
| Cap Rate | 2.36% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1960 |
| Property Subtype | Marina | Parking Ratio | 0.93/1,000 SF |
| Zoning | Commercial/Waterfront - Commercial Zoned District | ||
| Price | $1,175,873 CAD |
| Price Per SF | $54.45 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 2.36% |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | C |
| Lot Size | 4.00 AC |
| Building Size | 21,596 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 0.93/1,000 SF |
| Zoning | Commercial/Waterfront - Commercial Zoned District |
AMENITIES
- Waterfront
1 1
PROPERTY TAXES
| Parcel Number | 006-270-001-1000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $360,781 CAD |
PROPERTY TAXES
Parcel Number
006-270-001-1000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$360,781 CAD
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13710 W Shore Dr
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