127 Oneida Dr - Hospitality FOR SALE


Houghton Lake, MI 48629
$1,350,000 USD
231-668-6303
127 Oneida Dr, Houghton Lake, MI for Sale
$1,350,000 USD
Hospitality - FOR SALE
1/12
null | 10% Cap Rate

127 Oneida Dr
Houghton Lake, MI 48629


HIGHLIGHTS

  • 320 Feet of sandy Houghton Lake Beach
  • 1.4 Acres Park Like Setting
  • Very profitable seasonal business

OVERVIEW

Houghton Lake Cabin Resort https://listings.realbird.com/U5T7D1R2/648591.aspx 127 Oneida Drive presents an opportunity to acquire an established waterfront hospitality property on Houghton Lake, Michigan's largest inland lake. The property consists of a cabin resort operation situated on approximately 1.4 to 1.5 acres with roughly 320 feet of sandy shoreline frontage. The offering includes multiple rental cabins, an owner's residence, and a collection of guest-oriented amenities that support ongoing hospitality operations. The property's location on Houghton Lake positions it within one of Northern Michigan's recognized recreational destinations, drawing seasonal visitors for boating, fishing, water sports, and year-round outdoor activities. Waterfront frontage, direct lake access, and established improvements create a setting suited for continued resort operations, hospitality investment, or recreational property ownership. The surrounding area benefits from tourism activity generated by Houghton Lake and nearby outdoor recreation assets throughout Roscommon County. Existing accommodations, guest amenities, and waterfront infrastructure provide a foundation for continued operation while offering future ownership flexibility. Amenities reported for the property include docks, a game room, laundry facilities, fish-cleaning facilities, shuffleboard courts, and expansive outdoor recreation areas. The combination of shoreline frontage, lodging facilities, and established operational history contributes to the property's positioning within the Northern Michigan hospitality market.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$338 USD /SF

# OF ROOMS

8

PRICE/ROOM

$168,750 {currency}

CAP RATE

10%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Houghton Lake Cabin Resort

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

undefined, undefined

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1947

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.48 AC

LAND SF

64,392 SF

ZONING

Commercial

APN/PARCEL ID

008-530-001-0000

ASK ABOUT THIS PROPERTY

Ken WeaverBerkshire Hathaway Home ServicesMore Info
231-668-6303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Ken WeaverBerkshire Hathaway Home ServicesMore Info
231-668-6303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.