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Restaurant with Bar and Offices
For Sale
Contact for pricing
Pending

47409 US 41, Houghton, MI 49931

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

Property SizeContact for details
Days on Market124

Property Features for 47409 US 41

General Information

Standard status Pending
Property subtype Special Purpose, Business for Sale
Listing Agency: CENTURY 21 North Country Agency
Listed By: Kristine Jukuri Weidner · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 10 Last Checked: Aug 12 at 12:43PM

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 for-sale restaurant and bar property includes a main dining and bar area plus an upper level with office and storage space. The establishment added a new bar area in approximately 2003 and also installed a new septic system at that time. Seating is approximately 120 across the restaurant and bar area.

The site is located in Portage Township right on US 41, offering convenient access and exposure. The property is minutes from Michigan Tech’s campus, across the road from a recreational trail, and close to a golf course. The property includes parking for approximately 50 cars.

Zoning is B-2 General Business under Portage Township. Lot dimensions are approximate, and square footage and acreage are estimated.

Key Highlights

  • Portage Township restaurant on US 41 with bar area and dining seating for approximately 120
  • Addition with new bar area added in 2003+/- and a new septic system installed at that time
  • On‑site parking for approximately 50 cars

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Grocery & Convenience Store Parking Lot & Garage Restaurant Cosmetic Store

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

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby
Well-served
Demand for This Use

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?
Conventional restaurant - Portage Township restaurant on US 41 with bar seating, parking, and upstairs office/storage space.
Where is this conventional restaurant located?
The property is located at 47409 US 41 Houghton, MI.
What are key features of this property?
This property features: Portage Township restaurant on US 41 with bar area and dining seating for approximately 120; Addition with new bar area added in 2003+/- and a new septic system installed at that time; On‑site parking for approximately 50 cars
More about this property
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