5968 W Houghton Lake Drive Active Save Request In-Person Tour Request Virtual Tour
Roscommon Twp,MI 48629
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,407 sqft
Price per Sqft $781
MLS Listing ID 78080051069
Originating Board Aspire North REALTORS®
Year Built 1975
Lot Size 0.750 Acres
Acres 0.75
Lot Dimensions 100x159x100x166
Property Description
South Shore Marina with 100 feet of sandy beach waterfront, offering a versatile range of established and potential income opportunities. Primary home has been fully remodeled, top of the line finishes, with no expenses spared (just needs finishing touches to complete). Home boasts a main-floor, water-view master suite and updated kitchen and a water-facing patio. Two, water-view studio cottages have been completely remodeled and are fully-furnished with kitchenettes for two-person, couple functionality including shaded, water-view patios. These cottages have not been rented since the completion of remodel and were previously grossing $1000/month for 12-month rental and are estimated to be capable of $180 to $250 per night on short-term rental. Primary home could similarly be used as a primary home and/or could be rented on short-term rental for sleeping an estimated 10 to 12 people. Walk-out lower level could be finished into an additional unit maybe for a caretaker/owner residence. Western portion of property holds potential for additional construction --- possibly for additional rental cottages or another house. Launch a kayak, paddle board, and canoe rental business. Offer pontoon rentals for short-term rental clientele. Commercial zoning. Property currently sustains 36 boat slips with an annual gross rental income of $45,000 for seasonal slip rental. Gross income conservatively at $93,500 but could far exceed this number with vision and care. More financials available upon request.
Location
State MI
County Roscommon
Area Roscommon Twp
Zoning Commercial,Residential
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Pool No
Waterfront no
Waterfront Description Water Front
Roof Type Asphalt
Building
Foundation Basement
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Frame,Vinyl
Schools
School District Houghton Lake
Others
Tax ID 0115550010000
Ownership Private Owned
Acceptable Financing Cash,Conventional,Trade/Exchange
Listing Terms Cash,Conventional,Trade/Exchange
Financing Cash,Conventional,Trade/Exchange
Special Listing Condition Unknown/Data Share Listings