1750 Houghton Lake Road

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1750 Houghton Lake Road

Lake City, MI 49651
Business Price
Contact for price
Asset Type
Business Only Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 1750 Houghton Lake Road in Lake City
  • Commercial asset offering 4,376 square feet of space
  • Business-only acquisition available within Missaukee County
  • Positioned in an accessible Northern Michigan submarket
  • Facility size supports diverse local business operations

What's Special

Lake City serves as a central hub within Missaukee County, benefiting from the steady demand found in this Northern Michigan landscape. Positioned at 1750 Houghton Lake Road, this business-for-sale opportunity occupies a facility totaling 4,376 square feet. The area maintains a consistent local economy supported by seasonal tourism and year-round residential activity, making it a viable location for operations requiring regional access. With its established footprint in the submarket, the site provides a functional base for various commercial applications. Entrepreneurs and investors looking to enter the local market will find the square footage sufficient for a wide range of operational setups. The surrounding infrastructure supports standard business traffic, ensuring that the location remains practical for both customers and logistics. This offering represents a straightforward acquisition for those seeking to establish or expand a commercial presence in a well-connected Michigan township.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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