1240 E Houghton Lake Rd
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1240 E Houghton Lake Rd
13,141 SF Industrial Building Lake City, MI 49651 $475,000 ($36/SF)
Executive Summary
Available for sale or lease and located along Houghton Lake Road, a prominent stretch of state highway M-55, this expansive 20-acre property offers a unique opportunity for commercial or industrial development. The site features two industrial pole buildings encompassing 12,141 square feet, ideal for manufacturing, warehousing, or indoor storage. There’s also 1,000 square feet of office space that could alternately serve as a living area.
Lease Information :
Lease Type: Triple Net
Lease Rate: $ 3,500.00/month
Lease Terms: 48 months
Lease Information :
Lease Type: Triple Net
Lease Rate: $ 3,500.00/month
Lease Terms: 48 months
Property Facts
Price | $475,000 | Building Class | B |
Price Per SF | $36 | Lot Size | 20.02 AC |
Sale Type | Investment | Rentable Building Area | 13,141 SF |
Sale Conditions | Lease Option | No. Stories | 1 |
Property Type | Industrial | Year Built/Renovated | 1977/2010 |
Property Subtype | Warehouse | Tenancy | Single |
Price | $475,000 |
Price Per SF | $36 |
Sale Type | Investment |
Sale Conditions | Lease Option |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | B |
Lot Size | 20.02 AC |
Rentable Building Area | 13,141 SF |
No. Stories | 1 |
Year Built/Renovated | 1977/2010 |
Tenancy | Single |
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PROPERTY TAXES
Parcel Number | 001-005-006-50 | Improvements Assessment | $157,700 |
Land Assessment | $32,500 | Total Assessment | $190,200 |
PROPERTY TAXES
Parcel Number
001-005-006-50
Land Assessment
$32,500
Improvements Assessment
$157,700
Total Assessment
$190,200
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1240 E Houghton Lake Rd
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