Former Drug Store

For Sale

4562 W Houghton Lake Dr, Houghton Lake, MI 48629

This Houghton Lake property for sale is located at 4562 W Houghton Lake Dr. Contact the listing broker for details on the current sale price for Former Drug Store. Former Drug Store is situated on a lot that is 0.97 acre in size.

Contacts

broker

Deno Bistolarides

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Freestanding
  • Property Size 10,268 SF
  • Lot Size 0.97 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1993
  • Date Updated Nov 19, 2024
Houghton Lake is located in Roscommon County in the state of Michigan. The population was 5,294 during the 2020 census, making it the largest unincorporated community in Northern Michigan. It is situated on the southwest shore of Houghton Lake, which at 22,000 acres is Michigan's largest inland lake, and also includes the unincorporated community of Houghton Lake Heights. Houghton Lake is a scenic destination that is renowned for its natural beauty, recreational opportunities, and friendly community. With a history dating back to the early 19th century, Houghton Lake has evolved from a logging hub to a popular vacation spot, attracting visitors year-round. The lake's crystal-clear waters, abundant wildlife, and picturesque landscapes make it a haven for nature enthusiasts and adventure seekers alike. Houghton Lake is conveniently accessible by car, making it a popular road trip destination. Major highways such as US-127 and I-75 provide direct routes to the area. US-127 North, which runs directly through Houghton Lake and I-75 runs parallel to US-127 and can be used as an alternative route, connecting to Houghton Lake via M-55. Houghton Lake hosts Tip Up Town USA, Michigan's longest-running and largest winter festival. Held throughout January, Tip Up Town includes a variety of events such as an opening assembly, the Polar Bear Plunge, fundraising auctions, and contests for honorary titles. The festival culminates on the fourth weekend of January with a parade and winter carnival, which feature ice fishing, contests, carnival rides, and snowmobile races. Houghton Lake is often referred to as a "Fish Factory" due to its rich fish habitat. The lake is relatively shallow, with a maximum depth of 24 feet, and features extensive weed bed cover, providing an ideal environment for fish. There are seven public access sites on the lake, and a supporting commercial infrastructure, including bait and tackle shops, marinas, and boat dealerships, has developed around the recreational fishing industry.Introducing 4562 W Houghton Lake Dr, a prime opportunity for savvy investors. This impressive 13,000 SF free-standing building, constructed in 1990, offers an excellent location in the Houghton Lake area. Boasting ample space and a solid build, this property presents a compelling investment opportunity in the retail sector. With a solid foundation and abundant square footage, this property is primed for a range of retail ventures. Don't miss the chance to capitalize on this desirable space in a sought-after area..

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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
  • 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

Getting around

  • 41/100

    Walk Score ®

  • 37/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Houghton Lake, MI
  • Zip Code 48629

Points of Interest

  • Admiral

    0.70 miles

  • Shell

    1.09 miles

  • BP

    2.14 miles

  • Citgo

    2.40 miles

  • Murphy USA

    2.44 miles

  • Marathon

    4.27 miles

  • Beacon & Bridge Market

    4.33 miles

  • Valero

    4.34 miles

  • Denton Creek ORV Trailhead parking

    5.56 miles

  • Higgins Lake Boat Launch

    9.09 miles

  • car parking

    9.20 miles

  • truck parking

    9.21 miles

  • Higgins Lake

    9.87 miles

  • coney dogs

    0.67 miles

  • Arby's

    0.91 miles

  • Little Caesars

    0.93 miles

  • China Buffet

    1.04 miles

  • Taco Bell

    1.56 miles

  • MJ's Eatery

    3.30 miles

  • Lee's Kitchen

    3.66 miles

  • Dairy Queen

    3.67 miles

  • Subway

    3.79 miles

  • McDonald's

    4.26 miles

  • Family Fare

    0.96 miles

  • Dollar General Market

    1.12 miles

  • Walmart Supercenter

    2.53 miles

  • Save-A-Lot

    2.70 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Deno Bistolarides

Encore Real Estate Investment Services