9062 W Lake City Houghton Lake, MI ^$ 299,900

9062 W Lake City

^$ 299,900

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9062 W Lake City

Houghton Lake, MI, 48629

^$ 299,900

Studio Baths0.0 Sq 5,500

Monthly Estimate*

^$ 2,095

9062 W Lake City, Houghton Lake, MI 48629 - Image 1

9062 W Lake City, Houghton Lake, MI 48629 - Image 2

9062 W Lake City, Houghton Lake, MI 48629 - Image 3

9062 W Lake City, Houghton Lake, MI 48629 - Image 4

Studio

Commercial Property for sale in Houghton Lake, MI

for $299,900. This 5,500 square foot building was built on a lot size of 1.19.

Opportunity to own an operational motel located within a football toss to Houghton Lake, generating $70,000 gross per year.

Commercial Active

Price

^$ 299,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

1.19

Town/City

Houghton Lake

County/Region

Roscommon

MLS | Web ID

60283064

Features

General

Heating Forced Air

Possession At Close

Water Private Well

Status Active Active

Year Built 19

Water Heater Gas

County Roscommon

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Lake Twp

Zoning Multi-Family Commercial

Subdivision MI

Area Lake Twp (72006)

Primary City Houghton Lake

Directions Go North on US127 turn East to M55

City Houghton Lake

Street Name Lake City

Financial Terms Cash Conventional

Legal Description L-1053 P-2103-2107 (L-664 P-200) 234 COM 352 FT W OF SE COR OF SEC 33 TH W 203 FT TH N 197 FT TH E 203 FT TH S 197 FT TO POB PART OF SE 1/4 OF SE 1/4SEC 33 T23N R4W EXC S 40 FT FOR R/W.

DOM 1590

Postal Code 48629

Price Per Sq Ft 54.53

Coming Soon Opportunity to own an operational motel located within a football toss to Houghton Lake generating $70 000 gross per year.

Exterior

Exterior Block

Frontage 264

Lot Size Area 1.19

Lot Dimensions 264x200x262x99

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Harry Lee

Listing Agent

Epique Realty

Broker

eesharry@yahoo.com

Affordability Calculator

$2,095

Per Month

Monthly Principal & Interest: $2,095
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Houghton Lake, MI

Average List Price ^$453,936

Percent of Sale Price 51%

About Houghton Lake, MI

3,609 Population

-3% Since 2002

^$32,200 Median Income

51.78 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/18/2024	$299,900		Listed Price

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9062 W Lake City, Houghton Lake, MI, 48629 is a Commercial Property for sale at $299,900 with 5,500 sqft and a lot size of 1.19. 9062 W Lake City is a studio with 0.0 baths. The property's zip code is 48629 which is in Houghton Lake, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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9062 W Lake City

Commercial Property for sale in Houghton Lake, MI

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