Conventional Restaurant

Houghton, MI Conventional Restaurants for Sale

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Portage, MI Hancock, MI Atlantic Mine, MI South Range, MI Chassell, MI Dollar Bay, MI Calumet, MI Lake Linden, 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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Waterfront Restaurant and Dock Facility
Updated: Apr 11
Waterfront Restaurant and Dock Facility

47150 US41, Houghton, MI 49931

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4,700 sqft
4700 SF waterfront building just south of the City of Houghton on Portage Lake
Exclusive 269‑foot dock with 9 boat slips (5 protected, 4 guest slips)
Dock includes 3 power and water stations with light posts placed throughout
Approximately 8–10 ft of water at the end of the dock per current information
Owners installed a bubbling system for winter ice protection for the dock
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Turnkey Restaurant Space with Kitchen
Turnkey Restaurant Space with Kitchen

48404 Lincoln Ave, Houghton, MI 49931

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

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Restaurant Building with Commercial Kitchen
Restaurant Building with Commercial Kitchen

1301 Ridge Rd, Houghton, MI 49931

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Existing dining, bar, kitchen, and office areas support restaurant or office use.

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Restaurant with Bar and Offices
Restaurant with Bar and Offices

47409 US 41, Houghton, MI 49931

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

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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.

Turnkey Bar and Restaurant
Turnkey Bar and Restaurant

1110 Champion Street, Marquette, MI 49855

$1,150,000
4,280 sqft

Turnkey bar and restaurant for sale with included equipment, furnishings, inventory, and a county liquor license.

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Established Restaurant Opportunity in Marquette
Established Restaurant Opportunity in Marquette

824 North 3rd Street, Marquette, MI 49855

$449,900

Turnkey restaurant with loyal following on North Third Street.

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Established Restaurant with Commercial Kitchen
Established Restaurant with Commercial Kitchen

L' Anse, MI 49946

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Fully equipped kitchen, ample dining capacity, and a Class C liquor license support restaurant operations.

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Gas Station with Canopy
Gas Station with Canopy

L' Anse, MI 49946

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Corner commercial property combining convenience retail, restaurant space, and highway access.

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Houghton, MI Conventional Restaurants Market Trends and Statistics

Explore 5 conventional restaurants for sale in Houghton, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 11,627 square feet of properties for sale, with an estimated market value of $1,250,000.

Sale prices for conventional restaurants in Houghton, MI average $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 6
Bars & Pubs 1
Coffee shops 1
Commercial kitchens 1
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

Total CRE Inventory on Market (SF)

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