4168 W Houghton Lake Drive Houghton Lake, MI $ 1,800,000
4168 W Houghton Lake Drive
$ 1,800,000
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4168 W Houghton Lake Drive

Houghton Lake, MI, 48629
$ 1,800,000
Bedrooms-- Baths-- Sq 8,420

Monthly Estimate*

$ 11,365

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Commercial Property for sale in Houghton Lake, MI

for $1,800,000. This 8,420 square foot building was built in 1980 on a lot size of 0.95.

An extraordinary opportunity to own the iconic Limberlost Lounge & Restaurant, featuring 152 feet of frontage on beautiful Houghton Lake, Michigan’s largest inland lake, spanning more than 22,000 acres. Centrally located along the lake’s desirable south shore, this landmark property offers an exceptional setting for dining, entertainment, and waterfront recreation. The approximately 8,400-square-foot restaurant and lounge features a warm, welcoming atmosphere anchored by its signature horseshoe-shaped bar. The property offers an impressive total of four distinct bar areas, providing outstanding flexibility for daily service, private events, and large-scale entertainment, including a main indoor horseshoe-shaped bar, a lake-level open-air lower bar, an expansive 1,404-square-foot three-sided open-air lakeside pavilion bar, and an additional bar and entertainment area that further enhances its capacity for hosting guests. A second floor, originally designed as a poker room, provides additional space with strong potential for private events, gaming, entertainment, or expanded seating, adding versatility to the overall layout. The restaurant includes a well-equipped commercial kitchen with top-of-the-line equipment and a modern POS system. A unique char broiler, located in the dining area, allows guests to observe preparation of their own steaks, creating a memorable and interactive dining experience. Additional features include an approximately 560-square-foot open-air lakeside balcony with sweeping views across Houghton Lake, expansive indoor and outdoor seating capacity, numerous flat-screen televisions, a leather-furnished lounge area, an entertainment stage, a lakeside pavilion, a sandy beach, a lakeside dock, and multiple indoor and outdoor gathering spaces. With its unmatched waterfront setting, extensive bar and entertainment facilities, the Limberlost offers tremendous potential as a restaurant, nightlife destination, event venue.

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Commercial Active

Price

$ 1,800,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.95

Year Built

1980

Town/City

Houghton Lake

County/Region

Roscommon

MLS | Web ID

1948619

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession Close Of Escrow
Roof Asphalt
Construction Materials Frame Wood Siding
Year Built 1980
Township Denton
Property Subtype Retail
Business Type Food & Beverage Bar/Tavern/Lounge
Accessibility Accessible Doors Main Floor Access Accessible Entrance Covered Entrance
Assoc Fee Paid Per Annually
Business Name Limberlost
County Roscommon
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name Limberlost
Garage Y/N N
Rent Includes None
Status New
Directions Highway M55 South Shore of Houghton Lake directly across from Spicer's Boat City Marina
City Houghton Lake
Body of Water Houghton Lake
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 41382
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 486761
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description L1164/P2394 L928/P692 L900/P11 L890/P266 L420/P292 223 LOT 10 -.81 A KILLCARE RESORT AND ALL LAND THAT LIES W OF W LINE OF LOT 10 KILLCARE RESORT AND 141 FT E OF AND PARALLEL TO E LINE OF DETROIT ST
Freehold IDX
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Interior
Furnished Y/N Furniture/Fixtures
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Paved Parking Lot
Lot Features Freestanding
Water Source Private
Lot Size Area 0.95
Foundation Details Slab
Spa N
Lot Dimensions 152x272
Lot Size Acres 0.95
Road Surface Type Asphalt
Other Parking Paved Parking Lot
Frontage Length 152
Frontage Type Waterfront
Waterfront Y/N Y
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Coldwell Banker Schmidt Realtors-Hl

Broker

(989) 429-3100

Phone

Affordability Calculator

$11,365
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,365
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$1,800,000 Listed Price

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4168 W Houghton Lake Drive, Houghton Lake, MI, 48629 is a Commercial Property for sale at $1,800,000 with 8,420 sqft and a lot size of 0.95. 4168 W Houghton Lake Drive was built in 1980. The property's zip code is 48629 which is in Houghton Lake, MI