Restaurants

Houghton, MI Restaurants for Sale

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Portage, MI Hancock, MI South Range, MI Chassell, MI Dollar Bay, MI Atlantic Mine, MI Lake Linden, MI Calumet, MI
Remodeled Highway Restaurant
Updated: Apr 22
Remodeled Highway Restaurant

47409 US41 Highway, Houghton, MI 49931

$1,250,000
6,927 sqft 1.04 AC lot
6,927‑square‑foot remodeled restaurant on 1.04 acres
Located along US41 Highway across from a recreational trail
Commercial zoning with an established conventional restaurant use
Patio, deck, wheelchair access, and accessible approach with ramp
Forced‑air heating and central air conditioning
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Freestanding Burger King NNN Property
Updated: Aug 12
Freestanding Burger King NNN Property

997 W Sharon Ave, Houghton, MI 49931

$1,761,357
3,359 sqft
Freestanding 3,359 SF Burger King building
0.77‑acre parcel at 997 W Sharon Ave, Houghton, MI 49931
19‑year NNN lease structure
Tenant responsible for taxes, insurance, and maintenance
B‑3 zoning
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Houghton, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Operating Italian Restaurant with Real Estate
Operating Italian Restaurant with Real Estate

207 E Pearl Street, Ishpeming, MI 49849

$585,000
2,790 sqft 0.12 AC lot

Established Italian restaurant sale includes the operating business, building, equipment, inventory, POS system, and Class C Liquor License.

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Downtown Multi-Unit Retail Building
Downtown Multi-Unit Retail Building

105/109 S Main Street, Ishpeming, MI 49849

$335,000
10,158 sqft

Two street-level commercial spaces include front storefront/display areas plus restrooms and shared access to a back parking lot door.

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Motel With Bowling Alley
Motel With Bowling Alley

400 Main Street, White Pine, MI 49971

$1,250,000
21,000 sqft 4.35 AC lot

Multi-use hospitality property with lodging, dining, event, retail, fuel, and recreation components in one commercial operation.

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Motel, Restaurant, Bowling Alley, Gas
Motel, Restaurant, Bowling Alley, Gas

400 Main Street, White Pine, MI 49971

$1,250,000
21,000 sqft

Popular motel, restaurant, bowling alley, gas station near Porcupine Mountains.

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Houghton, MI Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Houghton, MI on our real estate platform. These investment opportunities span a total of 10,286 square feet of properties for sale, with an estimated market value of $3,011,357.

Sale prices for restaurant properties in Houghton, MI start at $1,250,000, averaging $1,505,678, and reaching up to $1,761,357 — 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

Conventional restaurants 2
Drive through restaurants 1

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 $1.5M

Listings Trend

New vs delisted commercial listings in Houghton County

New Delisted

Total CRE Inventory on Market (SF)

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