Conventional Restaurant

Houghton, MI Conventional Restaurants for Sale

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Hancock, MI South Range, MI Chassell, MI Atlantic Mine, MI Dollar Bay, MI Calumet, MI Hubbell, MI Toivola, MI
Remodeled Highway Restaurant
Updated: Apr 22
Remodeled Highway Restaurant

47409 US41 Highway, Houghton, MI 49931

$1,250,000
6,927 sqft 1.04 AC lot
6,927‑square‑foot remodeled restaurant on 1.04 acres
Located along US41 Highway across from a recreational trail
Commercial zoning with an established conventional restaurant use
Patio, deck, wheelchair access, and accessible approach with ramp
Forced‑air heating and central air conditioning
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Treat-Only Dairy Queen Restaurant Business
Updated: Oct 30
Treat-Only Dairy Queen Restaurant Business

902 Razorback Dr Ste 12 Highway, Houghton, MI 49931

$350,000
Treat‑only Dairy Queen operation
Equipment and inventory included in the business sale
Recent updates and renovations
Buyer must complete Dairy Queen’s three‑phase licensing and approval process
Franchiser approval required for the sale
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Houghton, 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.

Operating Italian Restaurant with Real Estate
Operating Italian Restaurant with Real Estate

207 E Pearl Street, Ishpeming, MI 49849

$585,000
2,790 sqft 0.12 AC lot

Established Italian restaurant sale includes the operating business, building, equipment, inventory, POS system, and Class C Liquor License.

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Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

220 S Main Street, Ishpeming, MI 49849

$399,900
6,160 sqft 0.07 AC lot

Restaurant operations share the building with residential apartments and a separate retail space.

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Motel With Bowling Alley
Motel With Bowling Alley

400 Main Street, White Pine, MI 49971

$1,250,000
21,000 sqft 4.35 AC lot

Multi-use hospitality property with lodging, dining, event, retail, fuel, and recreation components in one commercial operation.

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16-Room Motel
16-Room Motel

400 Wilcox Rd, White Pine, MI 49971

$1,250,000

The lodging property also includes dining, bowling, convenience retail and fuel service.

View details

Houghton, MI Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Houghton, MI on our real estate platform. These investment opportunities span a total of 6,927 square feet of properties for sale, with an estimated market value of $1,600,000.

Sale prices for conventional restaurants in Houghton, MI start at $350,000, averaging $800,000, and reaching up to $1,250,000 — 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

Conventional restaurants 3
Drive through restaurants 1

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 $1.3M

Listings Trend

New vs delisted commercial listings in Houghton County

New Delisted

Total CRE Inventory on Market (SF)

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