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About This Home

This 1-bedroom, 1-bathroom single family at 8848 State Avenue in Houghton Lake, MI is listed for $425,000 ($148 per sqft). the home offers 2,880 sqft of living space on a 0.32 acres lot.

Agent Description

The iconic Navajo Trading Post in Houghton Lake -- One of the area's only dedicated gift store -- 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.

Zoned commercial waterfront, the property features 138 feet of canal frontage with direct access to Houghton Lake. All five boat slips are currently rented for the season. 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, or bring a new vision to life in one of Northern Michigan's most recognizable locations, this property is a must-see!

Key Features

  • 0.32 acre lot
  • Waterfront

Property Details

1 full

Amenities

Waterfront

Monthly Cost Estimate

$2,273/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,842
Insurance$124

Estimates only. Actual payments may vary.

Location

8848 State Avenue

Houghton Lake, MI 48629

Bebee Sub

Features & Amenities

Interior Features

Vaulted Ceiling(s)

Exterior Features

Patio/Porch

Property Details

Construction

Concrete Block

Pool Features

Patio

Heating

Forced AirNatural Gas

Appliances

WasherRange/OvenRefrigeratorDryer

Questions & Answers

This 1-bedroom, 1-bathroom single family at 8848 State Avenue is listed at $425,000 ($148/sqft). The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.

Key features include: 0.32 acre lot, Waterfront. Interior Features: Vaulted Ceiling(s). Exterior Features: Patio/Porch.

This property is listed by Laura Corpe and can be reached at 9893878067 or lcorpehlr@gmail.com.

LC

Laura Corpe

Agent at KW Northern Michigan Team Partners

(989) 387-8067

Listed by KW Northern Michigan Team Partners · View on Broker Site

MLS# 201840271· Source: listhub· Updated 10 days ago

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8848 State Avenue, Houghton Lake, MI 48629

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