8848 State Ave, Houghton Lake, MI 48629

Property Description

The iconic Navajo Trading Post in Houghton Lake--one of the area's only dedicated gift stores--is now available! This unique commercial/residential waterfront property is located on the desirable southwest side of Houghton Lake and offers endless potential for investors, entrepreneurs, or anyone looking to live and work in one exceptional location. Sellers are motivated and willing to consider all offers, including trades for other properties. Zoned commercial waterfront, the property features 138 feet of total canal frontage with direct access to Houghton Lake, which includes the vacant canal-front lot. All five boat slips are currently rented for the season, offering an established source of income. One of the oldest buildings in Houghton Lake, this spacious property offers incredible flexibility for a wide variety of commercial opportunities. Permitted uses include motels, retail shops, restaurants, and single-family dwellings. Special exception uses may include condominiums, microbreweries, and marinas. Contact an agent or Lake Township for a complete list of approved uses. The rear portion of the building is currently utilized as residential living quarters and storage space, creating the perfect opportunity for an owner-operator setup. Whether you're looking to expand a business, invest in waterfront property, create a new commercial venture, or bring a new vision to one of Northern Michigan's most recognizable locations, this property is a must-see. With a motivated seller, a vacant canal-front lot included in the sale, and the possibility of a property trade, sellers are willing to look at all offers!