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    Houghton, MI
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    Houghton, MI Specialty Properties for Sale

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    Portage, MI Hancock, MI Chassell, MI South Range, MI Atlantic Mine, MI Dollar Bay, MI Lake Linden, MI Hubbell, MI
    Houghton Land Development Opportunity
    Updated: May 15, 2025
    Houghton Land Development Opportunity

    Cedar Street, Houghton, MI 49931

    $499,900
    75.95 AC lot
    Unparalleled views of Houghton/Hancock.
    Prime location bordering Wal‑Mart, Aspirus Hospital, and Copper Country Mall.
    Over 75 surveyed acres of rolling hardwood ridges and a pond.
    Great potential developmental opportunity.
    Suitable for building an exclusive estate.
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    Waterfront Restaurant and Dock Facility
    Updated: Apr 11
    Waterfront Restaurant and Dock Facility

    47150 US41, Houghton, MI 49931

    Contact for pricing
    4,700 sqft
    4700 SF waterfront building just south of the City of Houghton on Portage Lake
    Exclusive 269‑foot dock with 9 boat slips (5 protected, 4 guest slips)
    Dock includes 3 power and water stations with light posts placed throughout
    Approximately 8–10 ft of water at the end of the dock per current information
    Owners installed a bubbling system for winter ice protection for the dock
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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 10 Potential Opportunities for your consideration. Besides 2 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 Landmark with Banquet Hall
    Mixed-Use Landmark with Banquet Hall

    S 203 S Front Street Unit SourceFi, Marquette, MI 49855

    $3,500,000
    46,101 sqft

    Mixed-use building with retail storefronts, office suites, and a reception hall for about 200 guests.

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    Historic Event Venue Building
    Historic Event Venue Building

    260 Northwoods Rd, Marquette, MI 49855

    Contact for pricing
    15,288 sqft

    1934 Barrel + Beam building with a renovated eastern half, unfinished west wing, and an operating event concept for possible continued tenancy.

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    Brick Day Care Center Building
    Brick Day Care Center Building

    502 DIVISION ST E, Eagle River, WI 54521

    $324,900
    0.36 AC lot

    Brick commercial building with public water and sewer, natural gas hot water heat, and window cooling units.

    View details
    Historic Restaurant and Bar Property
    Historic Restaurant and Bar Property

    419 N Railroad St, Eagle River, WI 54521

    Contact for pricing

    Historic restaurant and bar with indoor seating, expanded deck/outdoor areas, and riverfront boat slips.

    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.

    Rhinelander Land For Sale
    Rhinelander Land For Sale

    5728 HWY 8, Rhinelander, WI 54501

    $34,000
    0.35 AC lot

    Highly visible 0.35-acre parcel with multiple use potential.

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    Waterfront Land with Sand Beach
    Waterfront Land with Sand Beach

    14387 Nahma Shores JJ.45 Drive, Nahma, MI 49864

    $65,000
    0.51 AC lot

    Waterfront parcel on Nahma Golf Course with woods and a sand beach; electricity available at the road.

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    Chambers Island Waterfront Land
    Chambers Island Waterfront Land

    Fish Creek, WI 54212

    $199,900
    2.70 AC lot

    2.7 acres of Green Bay shoreline on Chambers Island.

    View details
    Scenic Land Parcel in Sturgeon
    Scenic Land Parcel in Sturgeon

    N Duluth Ave, Sturgeon Bay, WI 54235

    $200,000
    1.75 AC lot

    East-facing land with seasonal water views and development potential.

    View details

    Houghton, MI Specialty Properties Market Trends and Statistics

    Explore 2 specialty properties for sale in Houghton, MI on our real estate platform. These investment opportunities span a total of 4,700 square feet of properties for sale, with an estimated market value of $499,900.

    Sale prices for properties in Houghton, MI average $499,900 — 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

    1031 exchange properties 1
    Marinas 1
    NNN properties 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 $499.9K

    Total CRE Inventory on Market (SF)

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