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Former Drug Store 4562 W Houghton Lake Dr 13,000 SF Retail Building Houghton Lake, MI 48629 $682,397 CAD ($52.49 CAD/SF)
Investment Highlights
- 10,268 SF Free-Standing Building | Constructed in 1993
- Houghton Lake is Michigan's Largest Inland Lake With Tourism Making Up a Majority of the Local Economy
- Proximity to Major Highways US-127 and I-75 Provide Direct Routes to the Area and Make Houghton Lake a Popular Road Trip Destination
- Directly in Front of Houghton Lake - Popular Northern Michigan Tourist Destination Renowned for Its Resort and Fishing Areas
- Strategically Located Along W Houghton Lake Dr Which Has Traffic Counts of Over 12,700 Vehicles Per Day
- Average Household Income Within a 1-Mile Radius Exceeds 61,993
Executive Summary
10,268 SF Free-Standing Building | Constructed in 1993
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,000 SF
Building Class
C
Year Built
1990
Price
$682,397 CAD
Price Per SF
$52.49 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.97 AC
Opportunity Zone
Yes
Zoning
Commerical
Parking
52 Spaces (4.54 Spaces per 1,000 SF Leased)
Frontage
179’ on West Houghton Lake
Property Taxes
| Parcel Number | 003-714-001-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $352,543 CAD |
Property Taxes
Parcel Number
003-714-001-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$352,543 CAD
Contacts
-
Deno Bistolarides -
Brandon Hanna -
Marcel Pearl -
Encore Real Estate Investment Services
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Former Drug Store | 4562 W Houghton Lake Dr
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