How many Restaurant listings are available for sale in Houghton Lake?
Currently, there are 0 Restaurant listings for sale near Houghton Lake, MI. The restaurant listings on LoopNet are constantly refreshed, ensuring new properties are frequently introduced.
How much does it cost to buy a Restaurant for sale in Houghton Lake?
The average price per square foot for restaurants for sale is about $154 and varies based on factors such as location, age of the building, need to renovate and more.
The cost of restaurants for sale in Houghton Lake, MI is also influenced by the size of the dining and kitchen areas, the availability of commercial-grade equipment, outdoor seating, etc.
What is the average size of a Restaurant available for sale in Houghton Lake?
The average size of restaurants available for sale in Houghton Lake, MI is approximately 13,257 SF. The largest space available is 30,489 SF and the smallest is 1,836 SF.
The size of restaurant you'll need will depend on factors such as service style, seating capacity, inclusion of special features such as a bar, etc.
What are the benefits of buying a Restaurant space in Houghton Lake?
Buying a restaurant space in Houghton Lake, MI offers several benefits that can appeal to prospective restaurateurs and investors:
- Ownership Benefits: Provides control over the property and greater flexibility in terms of business decisions
- Long-Term Cost Stability: Eliminates uncertainty of potential rent increases
- Additional Revenue Streams: Opportunities to diversify revenue through catering, private events, etc.
- Community Engagement: Foster connections with the local community and build a loyal customer base
- Investment Opportunity: Offers potential for capital appreciation and rental income in the future