Bar & Pub

Sault Sainte Marie, MI Bars & Pubs for Sale

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Turnkey Bar and Restaurant
Updated: May 5
Turnkey Bar and Restaurant

Sault Sainte Marie, MI 49783

$900,000
3,200 sqft
Iconic family‑owned bar/restaurant with 30+ years in business
Located on West Portage Ave in the heart of Sault Ste. Marie, MI, across from the locks
Includes bar seating, a huge dining room, sidewalk cafe seating, and a back lot that can be cordoned off for outside events
Offers food and cocktails with 20 beers on tap
Back lot supports outside events with cordon‑off potential
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Sault Sainte Marie, 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.

Restaurant Building With Commercial Kitchen
Restaurant Building With Commercial Kitchen

330 N Main Street, Cheboygan, MI 49721

$699,000
2,064 sqft 0.10 AC lot

B-2 property includes a Class C liquor license, furnishings, and a fully equipped kitchen.

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Turnkey Bar and Restaurant Opportunity
Turnkey Bar and Restaurant Opportunity

220 N Main Street, Cheboygan, MI 49721

$785,000

Fully operational bar and restaurant for sale.

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Restaurant With On-Site Residence
Restaurant With On-Site Residence

3090 US-23, Rogers City, MI 49779

$445,000
4,074 sqft 4.93 AC lot

On-site residence and campground improvements expand the property's operating configuration.

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Clean Bar and Restaurant
Clean Bar and Restaurant

192 E Huron Avenue, Rogers City, MI 49779

Contact for pricing

Bar and restaurant opportunity near the public docks with substantial storage and a large walk-in cooler.

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Sault Sainte Marie, MI Bars & Pubs Market Trends and Statistics

Explore 1 bars & pubs for sale in Sault Sainte Marie, MI on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $900,000.

Sale prices for pubs in Sault Sainte Marie, MI average $900,000 — 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

Conventional restaurants 3
Bars & Pubs 1
Drive through restaurants 1

Demographics Overview

Population 24K
Population Growth (5Y) -18.3%
Median Household Income $58,587
College Educated 10.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49783 $900K

Taxes & Financing

Tax Rate (average for all types) 3.35%
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Chippewa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Chippewa County

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