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    Houghton, MI Restaurants for Sale

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    Hancock, MI Chassell, MI Portage, MI
    Remodeled Restaurant on US41 Highway
    Updated: Apr 22
    Remodeled Restaurant on US41 Highway

    47409 US41 Highway, Houghton, MI 49931

    $1,250,000
    6,927 sqft · 1.04 AC lot
    Remodeled restaurant ready for immediate operation
    High‑traffic location on US41
    Proximity to Michigan Tech University
    Close to Portage Lake Golf Course and recreational trail
    Includes essential features: Heating, Central Air, and Parking Lot
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Houghton, 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.

    Mixed-Use Commercial Building with Potential
    Mixed-Use Commercial Building with Potential

    307 Quincy Street, Hancock, MI 49930

    $300,000
    4,950 sqft · 0.04 AC lot

    Income-producing property with bar, apartment, and ballroom space.

    View details
    Established Restaurant in Downtown Ishpeming
    Established Restaurant in Downtown Ishpeming

    207 E Pearl Street, Ishpeming, MI 49849

    $614,900
    2,790 sqft · 0.12 AC lot

    Turn-key Italian restaurant with real property and liquor license.

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    Mixed-Use Building with Liquor License
    Mixed-Use Building with Liquor License

    307 Quincy, Hancock, MI 49930

    $300,000
    0.04 AC lot

    Income-producing mixed-use property with bar, apartment, and redevelopment potential.

    View details
    Established Restaurant with Income Potential
    Established Restaurant with Income Potential

    220 S Main, Ishpeming, MI 49849

    $399,900
    6,160 sqft

    Restaurant with apartments and retail space for sale.

    View details

    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.

    Prime Land Near Highway
    Prime Land Near Highway

    US-41 Highway, Ishpeming, MI 49849

    $150,000
    21.00 AC lot

    20+ acre commercial land parcel with highway frontage.

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    Prime Land on US Highway
    Prime Land on US Highway

    362 E US41/M28 Highway, Negaunee, MI 49866

    $995,000
    2.00 AC lot

    High-exposure land on a major highway near Marquette, Michigan.

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    Prime Commercial Land in Negaunee
    Prime Commercial Land in Negaunee

    362-368 E US41/M28 Highway, Negaunee, MI 49866

    $2,495,000
    5.00 AC lot

    High-exposure commercial land on US Highway 41/28 in Negaunee.

    View details
    Prime Commercial Lot For Sale
    Prime Commercial Lot For Sale

    909 S Stephenson Avenue, Iron Mountain, MI 49801

    $250,000
    2,335 sqft · 0.20 AC lot

    High-visibility commercial lot in Iron Mountain, Michigan.

    View details

    Houghton, MI Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Houghton, MI on our real estate platform. These investment opportunities span a total of 6,927 square feet of properties for sale, with an estimated market value of $1,250,000.

    Sale prices for restaurant properties in Houghton, MI start at $1,250,000, averaging $1,250,000, and reaching up to $1,250,000 — 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 10K
    Population Growth (5Y) -19.5%
    Median Household Income $47,279
    College Educated 61.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    49931 $1.3M

    Total CRE Inventory on Market (SF)

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