127 Oneida Drive, Houghton Lake, MI 48629

$1,500,000
  • 127 Oneida Drive, Houghton Lake, MI 48629 Main Photo

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Active
MLS#1946390
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONMI

Property Description

Rare opportunity to own a highly successful waterfront hospitality property on Michigan's largest inland lake. Situated on nearly 1.5 acres with approximately 320 feet of prime sandy shoreline on beautiful Houghton Lake, this turnkey operation includes eight charming 2-bedroom log cabins, four featuring loft sleeping areas, plus a spacious 1,200+ sq. ft. 3-bedroom, 1.5-bath waterfront home that can serve as an owner's residence or generate additional rental income.------- This classic Northern Michigan retreat has a long history of repeat guests, family gatherings, and group rentals. The well-maintained cabins are equipped with heat, cable television, Wi-Fi, and furnishings, allowing for immediate operation. Guest amenities include docks, shuffleboard courts, game room, laundry facilities, fish cleaning station, expansive lawn areas, and abundant outdoor recreation space. The waterfront owner's home enjoys exceptional lake views from both the home and the lakefront sunroom, providing a perfect place to relax and enjoy the beauty of Houghton Lake.------- Recent improvements include newer roofs on the cabins and waterfront home. Property is connected to municipal sewer and also includes an additional lot across the street featuring a 30' x 40' pole barn for storage and maintenance needs.------- Offered fully turnkey with equipment, furnishings, and business assets included, along with a partially furnished waterfront home. Seller financing may be available to qualified buyers.------- Enjoy the unique lifestyle of living and working on one of Michigan's most popular vacation lakes. Conveniently located with easy access to I-75 and within reach of Northern Michigan's endless recreational opportunities, including boating, fishing, snowmobiling, golfing, ORV trails, state forests, and year-round outdoor adventure----- Shown by appointment only.

127 Oneida Drive | MLS# 1946390

This commercial property located at 127 Oneida Drive, Houghton Lake, MI 48629 is currently listed for sale with an asking price of $1,500,000. Search Houghton Lake real estate on www.ikeyrealty.com today.

Property Features

Property Type: Commercial - Business
Basement: Slab
Lot Size: 1.40 Acres
Roof Type: Metal
Year Built: 1940

Feature Descriptions

Body of Water: Houghton Lake
Business Included: Yes
Business Name: Foughts Resort
Construction: Full Log, Frame
Days on Site: 7
Exterior: Full Log
Heating/Cooling: Forced Air, Wall
Lot Dimensions: 321x227x175x270
Parking: Parking Lot
Present Use: Recreational/Resort
Road: Blacktop
Sewer: Municipal
Water: Private Well
Waterfront Type: Yes

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway Homeservices - TC
Agency Phone: 231-947-7777

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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