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Houghton, MI

Houghton, MI Commercial Real Estate for Sale

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Portage, MI Hancock, MI South Range, MI Chassell, MI Dollar Bay, MI Atlantic Mine, MI Lake Linden, MI Hubbell, MI

12 properties

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Downtown Office Building with Two Levels

Updated: Mar 5, 2025

Downtown Office Building with Two Levels

608 Shelden Avenue, Houghton, MI 49931

$945,000

5,000 sqft

Office building with main‑street (Shelden Ave) access on the main level and direct Lakeshore Drive access on the lower level
Flexible layout: use as one unit or split into two units (upper and lower levels)
Main level includes a large open area, 2 private offices, restroom, and kitchenette area
Lower level includes a large conference room, 1 private office, office/reception area, 2 restrooms, and 2 storage rooms
Renovations since 2019 include new roof (6+/- years), flooring, bathrooms, some windows, insulation on interior ceiling, and interior/exterior painting with floorplan redesign

This listing looks promising.

Here's a quick look at some key insights for

608 Shelden Avenue, Houghton, MI 49931

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Est. Cap Rate

5.3%
NOI ÷ price
Est. NOI

$50K
Annual
Price @ 7% Cap

$708K
Suggested

View Property Analytics

Houghton Vacant Commercial Land

Updated: Mar 31

Houghton Vacant Commercial Land

47663 Main Street, Houghton, MI 49931

$368,000

8.70 AC lot

8.7 acre vacant commercial property in a prime business area.
Zoned B2 (General Business District) with many potential uses including office, retail, and housing.
Located in Hurontown, adjacent to the Hurontown Recreation Area, and near Houghton, home to Michigan Technological University.
High traffic area offering potential for stable income and long‑term appreciation.
Close proximity to essential amenities: schools, medical centers, and shopping (Copper Country Mall, Walmart).

B2 Commercial Land

B2 Commercial Land

47663 Main Street, Houghton, MI 49931

$368,000

9.00 AC lot

The parcel carries B2 General Business District zoning and borders the Huron town Recreation Area.

Remodeled Restaurant on Highway

Remodeled Restaurant on Highway

47409 US41 Highway, Houghton, MI 49931

$1,250,000

6,927 sqft 1.04 AC lot

Remodeled restaurant property on US41 with Commercial zoning, near a recreational trail and close to Michigan Tech.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Freestanding Burger King NNN Property

Freestanding Burger King NNN Property

997 W Sharon Ave, Houghton, MI 49931

$1,761,357

3,359 sqft

Quick-service restaurant leased on an NNN structure with B-3 zoning.

Houghton Land Development Opportunity

Houghton Land Development Opportunity

Cedar Street, Houghton, MI 49931

$499,900

75.95 AC lot

75+ acres of prime land in Houghton, Michigan.

Commercial Building Site with Lot Split Option

Commercial Building Site with Lot Split Option

Tbd Razorback Drive # Part Of Lot 22, Entire Lots 23 And 24, Houghton, MI 49931

$725,000

Commercial building site on a well-traveled road between big-box retail and other commercial properties.

Waterfront Restaurant and Dock Facility

Waterfront Restaurant and Dock Facility

47150 US41, Houghton, MI 49931

Contact for pricing

4,700 sqft

Spacious waterfront building with an exclusive 269-foot dock offering nine boat slips and multiple power and water stations.

Industrial Flex Warehouse with Office

Industrial Flex Warehouse with Office

6001 Carlos, Houghton, MI 49931

Contact for pricing

Masonry industrial building with high ceilings, office space, and multiple site frontage options in an industrial-zoned setting.

Turnkey Restaurant Space with Kitchen

Turnkey Restaurant Space with Kitchen

48404 Lincoln Ave, Houghton, MI 49931

Contact for pricing

Fully licensed commercial kitchen equipment and updated customer area in a corner retail/restaurant building with off-street parking.

Restaurant with Bar and Offices

Restaurant with Bar and Offices

47409 US 41, Houghton, MI 49931

Contact for pricing

Portage Township restaurant on US 41 with bar seating, parking, and upstairs office/storage space.

Gas Station Convenience Store

Gas Station Convenience Store

47515 Us41, Houghton, MI 49931

Contact for pricing

Former gas station and convenience store with paved parking, restrooms, and an open floor plan.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Houghton, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Pub with Apartment

Mixed-Use Pub with Apartment

31 Trimountain Avenue, South Range, MI 49965

$579,000

3,552 sqft 0.39 AC lot

Renovated commercial building with a pub and an upstairs three-bedroom, two-bath unit used as a short-term rental.

Remodeled Office Building with Solar

Remodeled Office Building with Solar

205 Michigan, Hancock, MI 49930

Contact for pricing

Move-in-ready office building with reception, private offices, conference space, ample parking, and energy efficiency updates.

Restaurant with Walk-In Cooler/Freezer

Restaurant with Walk-In Cooler/Freezer

23 Trimountain Ave, South Range, MI 49963

Contact for pricing

Restaurant buildout includes walk-in cooler and freezer plus bar, seating for 36+/-, and side-lot parking with easy access.

Hancock Mixed-Use Property for Sale

Hancock Mixed-Use Property for Sale

209 Montezuma, Hancock, MI 49930

Contact for pricing

Mixed-use property with B-2 zoning, suitable for business or residential.

Off-Market Properties in Houghton, MI

Consider similar Off-Market properties in Houghton, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1212 Memorial Rd

COMMERCIAL (GENERAL)

1212 Memorial Rd, Houghton, MI 49931-2443

Value Estimation by Request

4.24 AC lot

1351 Memorial Rd

COMMERCIAL (GENERAL)

1351 Memorial Rd, Houghton, MI 49931-2440

$245,000

Estimated value

0.83 AC lot

501 Sharon Ave

COMMERCIAL (GENERAL)

501 Sharon Ave, Houghton, MI 49931-1613

Value Estimation by Request

0.76 AC lot

1000 Sharon Ave

COMMERCIAL (GENERAL)

1000 Sharon Ave, Houghton, MI 49931-1974

$4,065,000

Estimated value

6.45 AC lot

510 Sharon Ave

VACANT COMMERCIAL LAND

510 Sharon Ave, Houghton, MI 49931-1614

Value Estimation by Request

0.92 AC lot

214 Ee St

COMMERCIAL (GENERAL)

214 Ee St, Houghton, MI 49931-1206

$85,000

Estimated value

0.11 AC lot

409 Memorial Rd

COMMERCIAL (GENERAL)

409 Memorial Rd, Houghton, MI 49931-2341

$105,000

Estimated value

0.16 AC lot

812 Memorial Rd

COMMERCIAL (GENERAL)

812 Memorial Rd, Houghton, MI 49931-2451

$680,000

Estimated value

0.83 AC lot

1705 Memorial Rd

COMMERCIAL (GENERAL)

1705 Memorial Rd, Houghton, MI 49931-2436

$495,000

Estimated value

3.94 AC lot

1101 Rdg Rd

COMMERCIAL (GENERAL)

1101 Rdg Rd, Houghton, MI 49931-2803

$245,000

Estimated value

0.25 AC lot

Houghton, MI 49931

COMMERCIAL (GENERAL)

Houghton, MI 49931

$200,000

Estimated value

0.11 AC lot

111 Shelden Ave

COMMERCIAL (GENERAL)

111 Shelden Ave, Houghton, MI 49931-2131

Value Estimation by Request

0.09 AC lot

Houghton, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Houghton, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 19,986 square feet of properties for sale, with an estimated market value of $5,917,257.

Sale prices for business properties in Houghton, MI start at $368,000, averaging $845,322, and reaching up to $1,761,357 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 10K

Population Growth (5Y) -19.5%

Median Household Income $47,279

College Educated 61.2%

High-Yield Neighborhoods for Investment

Identify Houghton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49931	$692.7K

Total CRE Inventory on Market (SF)

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