$1,300,000
Prudenville, MI 48651
MLS# 25061310

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Property Description
MOXIE Real Estate + Development is pleased to list 104 W. Houghton Lake Drive, a prime opportunity for hospitality and resort investors. The building boasts 17 units, formally the home of Sully's on the Lake, one of the best restaurants on Houghton Lake. Located on Houghton Lake's East Bay, this property is poised to deliver outstanding returns for savvy investors looking to capitalize on the vibrant hospitality and resort market in Prudenville.
Details
Maps
Location Property Info
County: Roscommon
Street #: 104
Street Direction: W
Street Name: Houghton Lake
Suffix: Drive
State: MI
Zip Code: 48651
Zip (4): 8407
Area: Clare-Gladwin - D
OfficeContract Info
Status: Active
Current Price: $1,300,000
List Price: $1,300,000
Listing Date: 2025-11-24
General Property Info
Lot Measurement: Acres
Lot Square Footage: 49658
Lot Acres: 1.14
Lot Dimensions: Irregular
Year Built: 2014
New Construction: No
Financial Available: No
Cert of Compliance: No
Road Frontage: 350
Total # Units: 17
# of Diff Unit Floor Plans: 17
Total # Bldgs: 4
Total Parking Spaces: 30
Waterfront: Yes
Body of Water: Houghton Lake
Statewide Lakes & Rivers: Houghton Lake
School District: Houghton Lake
Tax Info
Tax ID #: 003-345-001-0000
Taxable Value: 432640
SEV: 484100
For Tax Year: 2025
Seller's Annual Property Tax: 19281.66
Tax Year: 2025
Homestead %: 100
Spec Assessment & Ty: NA
Zoning: VMU
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 521
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: Executive Suite
SqFt: 900
Occupied: Yes
Monthly Rent: 410.4
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: Room 1
SqFt: 500
Occupied: Yes
Monthly Rent: 140.4
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: Room 2
SqFt: 400
Occupied: Yes
Monthly Rent: 129.6
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit #: 4
Unit Description: Room 3
SqFt: 400
Occupied: Yes
Monthly Rent: 129.6
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 5
Unit #: 5
Unit Description: Room 4
SqFt: 500
Occupied: Yes
Monthly Rent: 129.6
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 6
Unit #: 6
Unit Description: Room 7
SqFt: 500
Occupied: Yes
Monthly Rent: 129.6
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 7
Unit #: 7
Unit Description: Apartment
SqFt: 800
Occupied: Yes
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Monthly Rent: 273.24
Unit 8
Unit #: 8
Unit Description: Beach House
SqFt: 1000
Occupied: Yes
Monthly Rent: 540
Bedrooms: 4
Bathrooms: 2
Full Baths: 2
Unit 9
Unit #: 9
Unit Description: Cottage 8
SqFt: 600
Occupied: Yes
Monthly Rent: 302.4
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 10
Unit #: 10
Unit Description: Cottage 9
SqFt: 650
Occupied: Yes
Monthly Rent: 302.4
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 11
Unit #: 11
Unit Description: Cottage 10
SqFt: 700
Occupied: Yes
Monthly Rent: 324
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 12
Unit #: 12
Unit Description: Cottage 11
SqFt: 650
Occupied: Yes
Monthly Rent: 324
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Water Type: Lake
Exterior Material: Vinyl Siding
Substructure: Other
Lot Description: Level
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected
Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Phone Available
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: MOXIE Real Estate + Development
Listing Agent: Kyle Kimble
Last Updated: December - 14 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
