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Treat-Only Dairy Queen Restaurant Business
New
For Sale
$350,000

902 Razorback Dr Ste 12 Highway, Houghton, MI 49931

COM/IND/BUS OPP, Houghton, MI

Property SizeContact for details
Days on Market2

Property Features for 902 Razorback Dr Ste 12 Highway

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Houghton (31014)
Standard status Active

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Utilities

Cooling system Central Air
Water source Public
Listing Agency: RE/MAX 1ST REALTY · RE/MAX International
Listed By: KINGSLEY AGASSI · License #UPAR-6501450688
Added: Oct 30 Last Checked: Oct 31 at 10:06PM
MLS# 50226429

Copyright © 2026 Upper Peninsula Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This Dairy Queen is configured for treat-only service rather than a full restaurant menu. The business has received recent updates, and the sale includes the equipment and inventory used in the operation. Central air conditioning and public water are listed for the property.

The offering is limited to the business; ownership of the real estate is not included. A buyer must complete Dairy Queen’s three-phase licensing and approval process, and the franchiser must approve the transfer.

Key Highlights

  • Treat‑only Dairy Queen operation
  • Equipment and inventory included in the business sale
  • Recent updates and renovations

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby
198k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 47% Superstores 29% Shops & Services 18% Apparel 3%
Walmart Superstores
58,321 visits/mo 0.3 miles
McDonald's Dining
24,921 visits/mo 0.3 miles
Taco Bell Dining
19,809 visits/mo 0.1 miles
Culver's Dining
16,006 visits/mo 0.3 miles
Murphy USA Shops & Services
15,569 visits/mo 0.3 miles

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
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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The business sale includes its operating equipment and inventory; the real estate is excluded.
Where is this conventional restaurant located?
The property is located at 902 Razorback Dr Ste 12 Highway Houghton, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Treat‑only Dairy Queen operation; Equipment and inventory included in the business sale; Recent updates and renovations
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