Former Drug Store

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

Description:

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.

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.