MI > Houghton Lake
Houghton Lake, MI 48629,216 S Harrison Road
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Houghton Lake, MI 48629,216 S Harrison Road
Houghton Lake, MI 48629,216 S Harrison Road
Houghton Lake, MI 48629,216 S Harrison Road
Houghton Lake, MI 48629,216 S Harrison Road
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AMY SHAW

AMY SHAW

+1(517) 610-2896
$ 399,900
Est. payment /mo
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Active

216 S Harrison Road Houghton Lake, MI 48629

12 Beds

14 Baths

10,195 SqFt

UPDATED:

10/20/2024 01:07 PM

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,195 sqft

Price per Sqft $39

MLS Listing ID 50158820

Style Other/See Remarks

Bedrooms 12

Full Baths 14

Abv Grd Liv Area 10,195

Year Built 1970

Annual Tax Amount $3,630

Tax Year 2023

Lot Size 3.020 Acres

Acres 3.02

Lot Dimensions Irregular

Property Description

Welcome to 216 S. Harrison Road-A unique income-generating property in Houghton Lake! Currently operating as a boutique hotel on just over 3 acres, this property presents a fantastic opportunity for owner-operators or investors seeking strong returns. With 6 fully renovated units, this hotel has been successfully operating over the last two summers, drawing vacationers who come for Houghton Lake’s year-round outdoor activities. The property also includes 4 units needing renovation (allowing for immediate expansion) and 2 pole barns. Additionally, there is a two-bedroom apartment unit with a private kitchen, living room, and bathrooms—ideal for extended stays or as an on-site residence. This apartment is currently undergoing renovation, adding even more potential for future income. Beyond its current operations, this property offers incredible potential for growth with the addition of 20-25 potential RV hookups on the surrounding 3 acres. The land is perfectly suited for RV camping, and with some infrastructure investments, you could attract an entirely new stream of summer campers. During the off-season, the property offers even more value by utilizing the land and pole barns for RV and boat storage during the winter. For investors, this property represents a rare opportunity. The boutique hotel is already established on platforms like Airbnb, with strong guest reviews, meaning you can begin to generate income immediately. By expanding the property to include RV camping and storage, you’ll further enhance its income potential while capitalizing on Houghton Lake’s popularity as a vacation destination. Houghton Lake is a premier location known for boating, fishing, snowmobiling, and hiking, drawing tourists year-round. The demand for short-term rentals and RV camping is strong in this region, and this property provides the perfect opportunity to meet that demand. With its established reputation, current operations, and potential for further development, this property is an ideal investment for those looking for immediate income and long-term value appreciation. This versatile property is ideal for those looking to step into a turnkey business or for investors seeking a high-yield asset. Don’t miss this rare opportunity to own a profitable business with multiple revenue streams, including short-term rentals, RV camping, and winter storage. Schedule a tour today and discover how you can maximize the potential of this one-of-a-kind property in Houghton Lake.

Location

State MI

County Roscommon

Area Roscommon Twp (72011)

Zoning Commercial

Rooms

Basement None (Basement)

Interior

Hot Water Gas

Heating Forced Air

Cooling Other

Appliance Dryer, Microwave, Range/Oven, Refrigerator, Washer

Exterior

Garage No

Building

Story Other/See Remarks

Foundation Slab

Water Private Well

Architectural Style Other

Structure Type Brick

Schools

School District Houghton Lake Comm Schools

Others

Ownership Private

SqFt Source Public Records

Energy Description Natural Gas

Financing Cash,Conventional

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty

AMY SHAW

Managing Broker | License ID: 6506046873

+1(517) 610-2896

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216 S Harrison Road