Restaurants

Houghton Lake, MI Restaurants for Sale

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Houghton Lake Heights, MI Prudenville, MI Roscommon, MI Merritt, MI Harrison, MI Saint Helen, MI Marquette, MI Gladwin, MI
6 properties
Waterfront Restaurant and Lounge
Updated: Jul 27
Waterfront Restaurant and Lounge

4168 W Houghton Lake Drive, Houghton Lake, MI 48629

$1,800,000
8,420 sqft 0.95 AC lot
152 feet of frontage on Houghton Lake
8,420‑square‑foot restaurant and lounge on 0.95 acres
Four distinct bar areas, including a 1,404‑square‑foot lakeside pavilion bar
Approximately 560‑square‑foot open‑air lakeside balcony
Commercial kitchen with equipment and POS system
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Waterfront Restaurant and Lounge
Updated: Jul 27
Waterfront Restaurant and Lounge

4168 W Houghton Lake Drive, Houghton Lake, MI 48629

$1,800,000
8,420 sqft
152 feet of frontage on Houghton Lake, which spans more than 22,000 acres
Four distinct bar areas, including indoor, lower‑level open‑air, pavilion, and entertainment spaces
1,404‑square‑foot three‑sided open‑air lakeside pavilion bar
Approximately 560‑square‑foot open‑air balcony overlooking Houghton Lake
Second‑floor space originally designed as a poker room
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Restaurant and Bar with Patio
Restaurant and Bar with Patio

6263 W Houghton Lake Drive, Houghton Lake, MI 48629

$495,900
4,210 sqft 0.83 AC lot

A Class C Resort License and patio license accompany the existing restaurant property.

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See hot listings in Houghton Lake

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Waterfront Restaurant and Lounge
Waterfront Restaurant and Lounge

4168 W Houghton Lake Dr, Houghton Lake, MI 48629

$1,800,000
8,400 sqft

Commercial kitchen, multiple bar areas, and event-oriented spaces support varied dining and entertainment operations.

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Restaurant Property with Patio License
Restaurant Property with Patio License

6263 W Houghton Lake Drive, Houghton Lake, MI 48629

$495,000
4,210 sqft 0.83 AC lot

The offering includes a Class C Resort License, a patio license, and on-site parking.

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Licensed Bar and Restaurant
Licensed Bar and Restaurant

6263 W Houghton Lake Drive, Houghton Lake, MI 48629

$495,000

A Class C Resort License and patio license are included with the property.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 6 Active listings in Houghton Lake, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

Storefront with Commercial Kitchen
Storefront with Commercial Kitchen

710 Lake St, Roscommon, MI 48653

$185,000
1,600 sqft

An approved kitchen and adjacent parking area add practical flexibility to this downtown corner property.

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Downtown Bar With Lake Views
Downtown Bar With Lake Views

117 S Main Street, Lake City, MI 49651

$475,000
2,300 sqft 0.05 AC lot

Brick-built bar with a dedicated outdoor patio and on-site parking lot.

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Waterfront Restaurant and Bar
Waterfront Restaurant and Bar

113 S Main Street, Lake City, MI 49651

$499,900
2,461 sqft 0.30 AC lot

Equipped dining and bar facility with an outdoor patio, parking lot, and downtown positioning near public lake access.

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Iconic Restaurant and Bowling Alley
Iconic Restaurant and Bowling Alley

Roscommon, MI 48653

$1,500,000
14,392 sqft

Established restaurant, banquet rooms, bar, and bowling alley.

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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.

Level Commercial Land
Level Commercial Land

Saint Helen, MI 48656

$84,900
1.05 AC lot

Level vacant land with commercial zoning and well water.

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Commercial Land Near Interchange
Commercial Land Near Interchange

N Clare Avenue, Harrison, MI 48625

$210,000
8.00 AC lot

Commercial-vacant acreage with road frontage and nearby Dollar General and gas stations, subject to deed restrictions.

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C-2 Corner Commercial Land
C-2 Corner Commercial Land

N Down River Road, Grayling, MI 49738

$101,550
18,149 sqft 0.40 AC lot

Buildable corner parcel near Grayling Hospital with an approved lot split.

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Houghton Lake, MI Restaurants Market Trends and Statistics

Explore 6 restaurants for sale in Houghton Lake, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 33,660 square feet of properties for sale, with an estimated market value of $6,885,900.

Sale prices for restaurant properties in Houghton Lake, MI start at $495,000, averaging $1,147,650, and reaching up to $1,800,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 6
Conventional restaurants 6

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Houghton Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48629 $1.1M

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Roscommon County

New Delisted

Total CRE Inventory on Market (SF)

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