5968 W Houghton Lake Drive, Houghton Lake, MI 48629
$1,100,000
Property Type:
Commercial
Status:
Active
Current Price:
$1,100,000
List Date:
5/21/2024
Last Modified:
6/07/2024
Description
100 feet of sandy beachfront on Houghton Lake!!! South Shore Marina has been family owned and operated for 29 years!! Discover an exceptional investment opportunity with this unique property located on the picturesque south shore of Houghton Lake. This offering includes three rental units and a well-established marina, providing a perfect blend of residential and commercial potential. This is a rare opportunity to own a versatile property with significant income potential in a prime lakeside location. Whether you are an investor looking to expand your portfolio or someone seeking a lifestyle change with a thriving business, this property on Houghton Lake's south shore is not to be missed.
More Information MLS# 201829601
Contract Information
Current Price: $1,100,000
Begin Date: 2024-05-20
List Price: $1,100,000
Status: Active
Property Information
Type: Business Op
Realtor.com Type: Commercial
For Sale or Rent: SA
Lake/Rvr/Creek/Strm: Houghton Lake
Amount of Frontage: 100
Lot Size Dimensions: 100x159x100x166
Bus/Invtry Descrip: Marina, dock rental. and rental homes
Location, Tax and Legal
County: Roscommon
St. #: 5968
Street Direction Pfx: W
Street Name: Houghton Lake
Street Suffix: Drive
State: MI
Zip Code: 48629
Ownership Status: Owner
Township/City/Village: Roscommon
Subdivision or T/R: VILLAGE OF HOUGHTON LAKE
Directions and Remarks
Directions: On W Houghton Lake Dr (M-55) across from McKinley St (South Shore Marina)
Sign
Sign: Yes
Taxes and Possession
Taxes: $4,500 annually
Tax Year: 2023
Association Dues: No
Possession: negotiable
Property Features
Business Information: Income Property; Real Estate Only
Present/Ptntl Use: Marina; Rental
Construction: Frame
Electric: Separate
Gas: Separate
Water: Well
Sewer: Municipal
Heat/Air: Forced Air; Natural Gas
Basement: Outside Entrance
Extras: High Visibility; Kitchen Area; Smoke Detectors
Road: Paved
Drive: Gravel
Parking: Parking Lot
Occupant: Owner
Showing Instructions: Appointment Only; Showingtime
Terms: Cash; Conventional Mort; Land Contract
Listing Office: Midge & Co-Luxury Lakefront Homes
Last Updated: June - 07 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Broker Attribution:
989-202-4343
The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than the website owner are marked with the WWLX logo and the detailed information about said listing includes the listing office. a. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor website owner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Water Wonderland MLS, Inc © All rights reserved.