Houghton Lake, MI
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    Houghton Lake, MI Restaurants for Sale

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    Houghton Lake Heights, MI Prudenville, MI Roscommon, MI
    Houghton Lake Waterfront Commercial Property
    $425,000
    2,880 SF

    Houghton Lake Waterfront Commercial Property

    8848 State Avenue, Houghton Lake, MI 48629

    Iconic commercial/residential property with waterfront access and endless potential.

    • 138 feet of canal frontage with direct access to Houghton Lake
    • Zoned commercial waterfront offering versatile possibilities like motels, retail shops, restaurants, and single‑family dwellings
    • Existing commercial gift store in operation
    • Five rented boat slips providing immediate income
    • Residential living quarters included, ideal for owner‑operator
    Updated: May 22
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Houghton Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prudenville Commercial Opportunity on M-55
    $685,000

    Prudenville Commercial Opportunity on M-55

    Well-maintained commercial building with flexible layout in high-traffic location.

    2121 West Houghton Lake Drive, Prudenville, MI 48651
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    Prime Commercial Opportunity in Prudenville
    $685,000

    Prime Commercial Opportunity in Prudenville

    Well-maintained commercial building with flexible layout in high-traffic location.

    2121 W Houghton Lake Drive, Prudenville, MI 48651
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    Higgins Lake Tourist Corridor Business
    $745,000
    2,428 SF

    Higgins Lake Tourist Corridor Business

    Business with multiple revenue streams in premier tourist corridor.

    1857 W Higgins Lake Dr, Roscommon, MI 48653
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    Established Restaurant Near Higgins Lake
    $220,000
    1.39 Acres

    Established Restaurant Near Higgins Lake

    Cozy restaurant seating 40, near campsites and cottages.

    3556 E HIGGINS LAKE Dr, GerrishTownship_, Roscommon, MI 48653
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Roscommon Vlg Land Opportunity
    Contact for pricing
    0.16 Acres

    Roscommon Vlg Land Opportunity

    Commercial or residential land for sale in Roscommon Vlg.

    N MAIN Street, Roscommon, MI 48653
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    Commercial Lot in Richfield Township
    $84,900
    1.05 Acres

    Commercial Lot in Richfield Township

    Over one acre commercial lot near St. Helen Trailhead.

    Saint Helen, MI 48656
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    Commercial Parcel in Grayling, MI
    $101,550
    18,149 SF

    Commercial Parcel in Grayling, MI

    Commercial land parcel near Grayling Hospital, ready to build.

    North Down River Road, Grayling, MI 49738
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    Commercial Land with High Visibility
    $210,000
    8.00 Acres

    Commercial Land with High Visibility

    8-acre commercial land with high visibility and traffic exposure.

    TBD N Clare Avenue, Harrison, MI 48625
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    Houghton Lake, MI Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Houghton Lake, MI on our real estate platform. These investment opportunities span a total of 2,880 square feet of properties for sale, with an estimated market value of $425,000.

    Sale prices for restaurant properties in Houghton Lake, MI start at $425,000, averaging $425,000, and reaching up to $425,000 — 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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    Demographics Overview

    Population 7,922
    Population Growth (5Y) +7.5%
    Median Household Income $54,622
    College Educated 25.4%

    Taxes & Financing

    Tax Rate (average for all types) 3.50%
    Average Loan-to-Value 65.0%

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