Listed by KW Commercial Warren/Sterling Heights
$395,000
Corner liquor store next to Campground & Golf course,Lake
Details
APN 00302230005
Property Type Business for Sale, Mixed Use
Sub Type Business and Building, Residential
Square Footage 1,110
Net Rentable (SqFt) 1,200
Units 2
NOI $75,000
Year Built 1950
Year Renovated 2025
Buildings 2
Stories 1
Acreage 1.000
Zoning industrial, Commercial acreage
Business for Sale | 1,110 SqFt
Marketing description
Corner liquor store & House, This exceptional investment opportunity features a cash-flowing business strategically located just south of Houghton Lake, nestled between the popular Down Hours Shady Acres Campground and Tamaracks Golf Course. The property is conveniently situated near Long Lake and includes a corner liquor store adjacent to both the campground and golf course resort, making it an ideal location in a vibrant waterfront area. The offering encompasses not only the building and the business but also a valuable liquor license. Additionally, the property boasts a comfortable two-bedroom home, complemented by a spacious 15 x 26 addition and a 20 x 28 garage. With ample parking on a one-acre lot located at a hard corner, this investment presents a rare chance to capitalize on a thriving market in a sought-after location.
Listing Contacts
Listed by KW Commercial Warren/Sterling Heights
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,000.00
$6,250.00/mo
Valuation Metrics
0
DSCR
18.99%
Cap Rate
18.99%
ROI
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