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13710 W Shore Dr 21,596 SF Specialty Building Offered at $850,000 at a 2.36% Cap Rate in Houghton Lake, MI 48629

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INVESTMENT HIGHLIGHTS

  • Located on Michigan’s largest inland lake, spanning approximately 22,000 acres
  • Storage Parcel With Gravel Lot
  • 32 Boat Slips
  • Private Boat Launch

EXECUTIVE SUMMARY

Prime redevelopment opportunity with 280 Ft of shoreline.

PROPERTY FACTS

Price $850,000
Price Per SF $39.36
Sale Type Investment or Owner User
Cap Rate 2.36%
Property Type Specialty
Property Subtype Marina
Building Class C
Lot Size 4.00 AC
Building Size 21,596 SF
No. Stories 1
Year Built 1960
Parking Ratio 0.93/1,000 SF
Zoning Commercial/Waterfront - Commercial Zoned District

AMENITIES

  • Waterfront

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
006-270-001-1000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$260,000
  • Listing ID: 33622128

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 13710 W Shore Dr, Houghton Lake, MI 48629

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