Cedar Oaks Lakeside Resort

For Sale

104 W Houghton Lake Dr, Prudenville, MI 48651

This Prudenville property for sale is located at 104 W Houghton Lake Dr. Contact the listing broker for details on the current sale price for Cedar Oaks Lakeside Resort. Cedar Oaks Lakeside Resort is situated on a lot that is 1.19 acre in size.

Contacts

broker
Simon Jonna

Colliers Birmingham (MI) - Jonna Group

Property Details

  • Property Type Other
  • Property Size 16,304 SF
  • Lot Size 1.19 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Renovated 2014
  • Date Updated Dec 10, 2024
Prudenville, MI, is a quaint lakeside community with a thriving local economy. Situated in close proximity to local businesses, restaurants, and shops, the area offers a welcoming atmosphere for professionals and entrepreneurs. Houghton Lake provides opportunities for recreational activities, including fishing, boating, and waterfront dining. The property's convenient location offers easy access to major roadways and highways, making it an ideal investment for those seeking a strategic office or office building investment opportunity in a vibrant and growing community.A prime opportunity for hospitality and resort investors. The building boasts exceptional facilities and amenities, promising a seamless and rewarding investment experience. With a strategic location and strong tenant demand, this property is poised to deliver outstanding returns for savvy investors looking to capitalize on the vibrant hospitality and resort market in Prudenville.
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Highlights

  • Real Estate, Business, & Amenities Included in the Sale
  • The Resort was Built in 1889 & Renovated in 2014
  • Easily Accessible through M-55, US-127, & I-75
  • Beautiful Lake Frontage with Amazing Views of Private Houghton Lake
  • The Property is Made up of 17 Total Units w/ the Four Buildings, Comprised of Hotel Rooms, Cottages, Studios, & a Beach House
  • Sully’s on The Lake is One of the Best Restaurants on Houghton Lake with Lake Views & Family Style Dining.
  • Michigan North Central Area is a Large Submarket & Contains Around 15,000 Rooms Spread over 273 Properties. That adds up to about a Third of the Michigan North USA Market’s Hotel Inventory.
  • As of April, 12-Month Average RevPAR in the Michigan North Central Area Hotel Submarket was Climbing at an Annual Rate of 2%.

Getting around

  • 33/100

    Walk Score ®

  • 30/100

    Bike Score ®

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Location

  • City Prudenville, MI
  • Zip Code 48651

Points of Interest

  • Marathon

    0.24 miles

  • BP

    0.65 miles

  • Murphy USA

    2.03 miles

  • Admiral

    3.74 miles

  • Shell

    5.46 miles

  • Citgo

    6.41 miles

  • Beacon & Bridge Market

    8.19 miles

  • Valero

    8.19 miles

  • Denton Creek ORV Trailhead parking

    4.01 miles

  • car parking

    6.46 miles

  • truck parking

    6.50 miles

  • Higgins Lake Boat Launch

    8.51 miles

  • Beachfront Hotel

    4.84 miles

  • Quality Inn

    8.12 miles

  • American Inn And Suites

    8.31 miles

  • Super 8 by Wyndham Houghton Lake

    8.41 miles

  • Walmart Supercenter

    1.99 miles

  • Dollar General Market

    3.32 miles

  • Family Fare

    3.50 miles

  • Save-A-Lot

    6.66 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
Simon Jonna

Colliers Birmingham (MI) - Jonna Group