365 W Houghton Lake $3,900,000

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    365 W Houghton Lake Prudenville, MI 48651

    • 6,250 sq. ft.
    • Commercial
    • MLS# 201824628
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    Views: 173 Days On Site: 324

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    Property Details

    Korbinski Marine & Lakeview Motel, very successful businesses in Houghton Lake being offered for sale together. Giving you unlimited possibilities with 2 business' opportunities. Korbinskis Marine is a retail store offering quality marine products, snow removal and waterfront equipment, as well as ice shanty rentals. Lakeview Motel, offers 20 rental units which include a 2 story charming light house cabin situated directly on the lake and canal. 10 units are sitting on each side property with green common areas between east and west sides of the property. Common area has a kitchen, great for family entertainment. Property offers 177 feet lake frontage with a private sandy beach on Houghton Lake with 2 docks for boat rental and dock slips as well as an additional 247 feet on the canal.

    • General Features
      • Type Business Op
      • Business Information Business Opportunity
      • SqFt. Total 6,250
      • Extras Furnished, Kitchen Area, Landscaped, Security System
      • Subdivision T22N R3W
      • County Roscommon
    • Building Features
      • Construction Frame
      • Basement Slab
      • Heating/Air Conditioning Baseboard,Forced Air,Hot Water,Natural Gas
    • Property Features
      • Lot Size 200 x 160
      • Parking Parking Lot
      • Lake/River Name Houghton Lake
      • Road Blacktop, Paved
      • Driveway Gravel
      • Internet Access Cable
      • Electric On Site
      • Sewer Municipal
      • Water Well
      • Gas On Site
    • Schools
      • School District Houghton Lake

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    Neighborhood

    48651 (Prudenville) Demographics

    54 Median Age
    65 Population Density (per sq. mile)
    34% College Educated
    $35,764 Estimated Median Income
    1,613 Estimated Total Home Owners
    631 Estimated Total Renters
    72% / 28% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    4,520 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $290,000 Median Sales Price
    13 Homes Sold
    22 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,900,000
        6/15/2023 2:51:00 PM New in Database Source: Multiple Listing Service New Value: $3,900,000

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        The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than the firm which owns this website are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the broker which owns this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Water Wonderland MLS, Inc © All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.