$399,900 for Sale
216 s harrison road, houghton lake, MI 48629
| 10,195 Sqft | 3.02 Acres |
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1 of 45 |
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
General Information
Sale Price: $399,900
Price/SqFt: $39
Status: Active
MLS#: 5050158820
City: roscommon twp
Post Office: houghton lake
Schools: houghton lake
County: Roscommon
Subdivision: none
Acres: 3.02
Lot Dimensions: Irregular
Bedrooms:
Bathrooms: (14 full)
House Size: 10,195 sq.ft.
Acreage: 3.02 est.
Year Built: 1970
Property Type: Single Family
Style: Other
Features & Room Sizes
Bedroom: 19 x 14
Bedroom: 14 x 17
Bedroom: 14 x 21
Bedroom: 16 x 14
Bedroom: 14 x 18
Bedroom: 14 x 13
Bath - Full:
Bath - Full:
Bath - Full:
Bath - Full:
Bath - Full:
Garage Description: 2+ Assigned Spaces
Construction: Brick
Exterior: Brick
Basement: No
Foundation : Slab
Appliances: Dryer,Microwave,Oven,Range/Stove,Refrigerator,Washer
Cooling: Other
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Well (Existing)
Tax, Fees & Legal
Est. Summer Taxes: $2,100
Est. Winter Taxes: $1,530
HOA fees: 1
Legal Description: L-1033 P-213-214 (L-998P-1019&L-764P-54)224 COM AT SE COR OF NE 1/4 OF NE 1/4 TH N 55 FT FOR POB TH N 275 FT TH W 32 RDS TH S 230 FT TH E 100 FT TH S 45 FT TH E 428 FT TO POB PART OF NE 1/4 OF NE 1/4 SEC 4 T22N R4W.
IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and East Central Association of REALTORS®, ©2024 Realcomp II Ltd. Shareholders
Listing By: Travis C Scott of EXP Realty, Phone: (888) 501-7085
