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5968 w houghton lake drive

Houghton Lake, MI 48629

$975,000

2,244 SQFT
Commercial Sale
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Square Feet 2244
Status Active
MLS # 201833754
County Roscommon
More Info
Category Commercial Sale
Status Active
Square Feet 2244
MLS # 201833754
County Roscommon
South Shore Marina with 100 feet of sandy beach waterfront, offering a versatile range of established and potential income opportunities. Primary home has been fully remodeled, top of the line finishes, with no expenses spared (just needs finishing touches to complete). Home boasts a main-floor, water-view master suite and updated kitchen and a water-facing patio. Two, water-view studio cottages have been completely remodeled and are fully-furnished with kitchenettes for two-person, couple functionality including shaded, water-view patios. These cottages have not been rented since the completion of remodel and were previously grossing $1000/month for 12-month rental and are estimated to be capable of $180 to $250 per night on short-term rental. Owner financing available! Primary home could similarly be used as a primary home and/or could be rented on short-term rental for sleeping an estimated 10 to 12 people. Walk-out lower level could be finished into an additional unit maybe for a caretaker/owner residence. Western portion of property holds potential for additional construction --- possibly for additional rental cottages or another house. Launch a kayak, paddle board, and canoe rental business. Offer pontoon rentals for short-term rental clientele. Commercial zoning. Property currently sustains 36 boat slips with an annual gross rental income of $45,000 for seasonal slip rental. Gross income conservatively at $93,500 but could far exceed this number with vision and care. More financials available upon request.
Location not available

Exterior Features

  • Construction Single Family
  • Garage No
  • Sewer Municipal

Interior Features

  • Living Area 2,244 SQFT

Neighborhood & Schools

  • Subdivision Village of Houghton Lake

Financial Information

  • Parcel ID 011-555-001-0000
  • Zoning Commercial-Impr

Additional Services

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Listing Information

Listing Provided Courtesy of Brookstone Realtors
Copyright 2025, Water Wonderland MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing data is current as of 04/06/2025.

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