1900 Houghton Lake Dr, Houghton Lake, MI 48629

8,799 SF | 100% Leased | Office Building | Houghton Lake, MI 48629 | $975,000 ($111/SF)

Asking Price $975,000

Property Type
Office
Square Feet
8,799 SF
Price / Square Foot
$111

Listing Contacts

Jodi Kay Chambers

Property Overview

Seller is open to land contract. Multi-unit property for sale. Significant investment that can offer various opportunities. Located with 300' of frontage on busy main street with high visibility. Commercial space with store frontage, service areas & residential units. Easy renovation can be converted back to dealership with showroom. The building has 2 in-floor automobile air/hydraulic hoists (haven't been used in few years), an automobile exhaust venting system built into the floor with wall mounted blower system to remove gases and hard piped air lines throught the shop area. Building is set up for downdraft paint booth to be installed. Original building was built with a frame pit and wheel alignment pit for repairing vehicles. Pits were filled with sand and capped with concrete. Infrastructure still in place. Front office area can be converted back to showroom. All the real sand stone work on the building was re-grouted in 2018. Unit 1 front flooring is real hand laid slate. Front of building has new standing seam metal roofing along with 2" rigid foam insulation. 3" of closed cell foam applied to the rear part of the building about 10 years ago. The rear of the building is a butler steel building. All the walls are non-structural and can easily be removed if needed. Underground sprinkler system in all grass and yard areas around the building. West side parking lot was completely repaved in 2020. Small easement down the west side of property line provided to provisioning center next door to accommodate the installation of a new power pole with increased electrical capacity (availabile for future connection if increase capacity needed.) Bike shop was remodeled in 2020 with new LED lighting, tongue and groove wood paneling and new racedeck flooring. Building is very well insulated and the heating and electrical usage is affordable. All tenants on month to month leases.

Property Details

Class
C
Year Built
1966
Stories
1
Lot Size (sq. ft)
74,923 SF

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