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Waterfront Restaurant and Dock Facility
For Sale
Contact for pricing
Pending

47150 US41, Houghton, MI 49931

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

Property Size4,700 SF
Days on Market133

Property Features for 47150 US41

General Information

Standard status Pending
Size 4,700 SF
Property subtype Special Purpose

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: CENTURY 21 North Country Agency
Listed By: David Jukuri · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 19 Last Checked: Aug 19 at 12:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 North Country Agency

Investment Insights

Based on property information with market context.

This waterfront commercial property includes a large, 4,700-square-foot building with spacious main dining and living areas. A front porch anchors the guest-facing experience and is designed to take advantage of views over Portage Lake. The kitchen is not commercially approved at this time, though there is ample space to pursue re-approval.

The distinguishing feature is the exclusive use of a recently constructed 269-foot (+/-) dock with nine boat slips, including five protected slips and four guest slips. The dock includes three power and water stations and light posts placed throughout. At the current time, there is approximately 8 to 10 feet of water at the end of the dock, and the dock protection system includes a bubbling method for winter to help prevent ice damage.

The property sits just south of the City of Houghton with exposure to traffic on US-41. It also features a large parking lot, access to Portage Lake, and is located on a walking/biking trail.

Key Highlights

  • 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

Property Analytics

Current Use

Marinas

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage Building Supply Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby

Demographics for 49931, MI

10,307
Population
3,490
Households
3
Avg Household Size
25
Median Age
60%
College-Educated
95%
High-School Grad
26.4 sq mi
ZIP Area
390
Density / Sq Mi
$47,279
Median Household Income
$10,579
Median Earnings
$853
Median Rent
$221,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Marina - Spacious waterfront building with an exclusive 269-foot dock offering nine boat slips and multiple power and water stations.
Where is this marina located?
The property is located at 47150 US41 Houghton, MI.
What are key features of this property?
This property features: 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
More about this property
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