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Listed by Laura Corpe • KW Northern Michigan Team Partners
$800,000
Est. payment /mo
3,584 SqFt
Active
2255 S Tower Hill RD Houghton Lake, MI 48629
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,584 sqft
Price per Sqft $223
Subdivision T22N R4W
MLS Listing ID 201833961
Property Sub-Type Office
Property Description
This prime commercial property offers 3,584 square feet of space with 110 feet of road frontage. It is currently leased to the United States Postal Service (USPS) under a long-term agreement that includes an optional renewal period every five years, with a set rent increase at each renewal. The next lease renewal is scheduled for January 31st, 2026. The owner is responsible for maintaining the building and parking lot, but the lease includes a Tax Rider Reimbursement, which helps offset some costs. Recent updates to the building include the addition of a new ramp, and ongoing lobby improvements are currently in progress. Included in the sale is the business name, which is approved to bid on government jobs, adding further value to the property. Interested parties will need to sign a
Location
State MI
County Roscommon
Zoning 201 C
Direction At Towerhill Drive south, property is on the left
Exterior
Present Use Other
Road Frontage Paved
Building
Sewer Municipal
Water Well
Structure Type Brick
Others
HOA Fee Include No
Acceptable Financing Corporation
Listing Terms Corporation