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Restaurant with Full Bar
For Sale
$189,900

7467 E Houghton Lake Rd, Merritt, MI 49667

The sale includes dining furnishings, kitchen equipment, and both a liquor license and a To-Go license.

Property Size4,144 SF
Price / SF$45.83
Days on Market15

Property Features for 7467 E Houghton Lake Rd

General Information

Standard status Active
Size 4,144 SF
Property subtype Commercial

Building Details

Year Built 1978
Listing Agency: ERA Prime Real Estate Group
Listed By: Sada V McNiel
Source: Metrodetroithomeguide
Added: Sep 22 Changed: Oct 1 Last Checked: Oct 5 at 7:29PM

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 ERA Prime Real Estate Group

Investment Insights

Based on property information with market context.

This 4,144-square-foot restaurant, built in 1978, has a dining area, full bar, equipped kitchen, recreation area with a pool table, and men’s and women’s restrooms. Three entrances serve the public, with a separate rear entrance for the kitchen. Tables, chairs, kitchen equipment, and other contents are included, along with a liquor license and To-Go license.

The property occupies nearly 4 acres at the corner of M-55 and S. Merritt Road, with highway frontage. The updated septic system is designed to accommodate substantial expansion. The site has also been evaluated and approved for a gas station or convenience store, with potential for those uses alongside the existing restaurant operation.

Key Highlights

  • 4,144‑square‑foot restaurant on nearly 4 acres
  • Full bar, dining area, equipped kitchen, and recreation area with pool table
  • Three public entrances plus a private rear kitchen entrance

Property Analytics

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Current Use

Merritt Auction House ... Restaurant

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Auto Repair Shop Kitchen & Bath Showroom Daycare Center Law Firm

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

19
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49667, MI

546
Population
518
Households
1.1
Avg Household Size
52
Median Age
9%
College-Educated
88%
High-School Grad
64.5 sq mi
ZIP Area
8
Density / Sq Mi
$46,806
Median Household Income
$33,563
Median Earnings
$793
Median Rent
$130,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The sale includes dining furnishings, kitchen equipment, and both a liquor license and a To-Go license.
Where is this conventional restaurant located?
The property is located at 7467 E Houghton Lake Rd Merritt, MI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 4,144‑square‑foot restaurant on nearly 4 acres; Full bar, dining area, equipped kitchen, and recreation area with pool table; Three public entrances plus a private rear kitchen entrance
More about this property
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