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    Houghton Lake, MI
    Conventional Restaurant

    Houghton Lake, MI Conventional Restaurants for Sale

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    Houghton Lake Heights, MI Prudenville, MI Roscommon, MI Merritt, MI Harrison, MI Saint Helen, MI Marquette, MI Gladwin, MI
    Waterfront Restaurant and Lounge
    Updated: Jul 27
    Waterfront Restaurant and Lounge

    4168 W Houghton Lake Drive, Houghton Lake, MI 48629

    $1,800,000
    8,420 sqft 0.95 AC lot
    152 feet of frontage on Houghton Lake
    8,420‑square‑foot restaurant and lounge on 0.95 acres
    Four distinct bar areas, including a 1,404‑square‑foot lakeside pavilion bar
    Approximately 560‑square‑foot open‑air lakeside balcony
    Commercial kitchen with equipment and POS system
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    Waterfront Restaurant and Lounge
    Updated: Jul 27
    Waterfront Restaurant and Lounge

    4168 W Houghton Lake Drive, Houghton Lake, MI 48629

    $1,800,000
    8,420 sqft
    152 feet of frontage on Houghton Lake, which spans more than 22,000 acres
    Four distinct bar areas, including indoor, lower‑level open‑air, pavilion, and entertainment spaces
    1,404‑square‑foot three‑sided open‑air lakeside pavilion bar
    Approximately 560‑square‑foot open‑air balcony overlooking Houghton Lake
    Second‑floor space originally designed as a poker room
    View details
    Waterfront Restaurant and Lounge
    Waterfront Restaurant and Lounge

    4168 W Houghton Lake Dr, Houghton Lake, MI 48629

    $1,800,000
    8,400 sqft

    Commercial kitchen, multiple bar areas, and event-oriented spaces support varied dining and entertainment operations.

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    See hot listings in Houghton Lake

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Houghton Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Storefront Building Near Walmart
    Storefront Building Near Walmart

    2121 West Houghton Lake Drive, Prudenville, MI 48651

    $675,000

    Flexible interior arrangement with a substantial rear area supports retail, restaurant, or other business uses.

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    Flexible Mixed-Use Commercial Building
    Flexible Mixed-Use Commercial Building

    2121 W Houghton Lake Drive, Prudenville, MI 48651

    $675,000

    Well-maintained building with a flexible interior and spacious rear area for commercial use.

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    Iconic Restaurant and Bowling Alley
    Iconic Restaurant and Bowling Alley

    Roscommon, MI 48653

    $1,500,000
    14,392 sqft

    Established restaurant, banquet rooms, bar, and bowling alley.

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    Retail and Restaurant Building
    Retail and Restaurant Building

    9963 W Higgins, Roscommon, MI 48653

    $125,000

    Vacant 3,000+ sq. ft. building with coolers, walk-in refrigerator, and a cooking area.

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    Houghton Lake, MI Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Houghton Lake, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 25,240 square feet of properties for sale, with an estimated market value of $5,400,000.

    Sale prices for conventional restaurants in Houghton Lake, MI average $1,800,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 3
    Conventional restaurants 3

    Demographics Overview

    Population 7,922
    Population Growth (5Y) +7.5%
    Median Household Income $54,622
    College Educated 25.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48629 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 3.50%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Roscommon County

    New Delisted

    Total CRE Inventory on Market (SF)

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