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    Sault Sainte Marie, MI
    Conventional Restaurant

    Sault Sainte Marie, MI Conventional Restaurants for Sale

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    Brimley, MI Barbeau, MI Dafter, MI Rudyard, MI Kinross, MI Pickford, MI
    Furnished Bar and Pub
    Updated: Jun 25, 2025
    Furnished Bar and Pub

    Sault Sainte Marie, MI 49783

    $900,000
    3,200 sqft
    3,200‑square‑foot bar and restaurant at 227 W Portage Ave
    Bar seating, dining room, kitchen area, lounge space, and storage
    Sidewalk café seating plus a back lot for cordoned outdoor events
    20 beers on tap and operation for over 30 years
    Furnished sale includes the bar and restaurant contents
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    Turnkey Restaurant with Updated Kitchen
    Updated: Apr 11
    Turnkey Restaurant with Updated Kitchen

    Sault Sainte Marie, MI 49783

    Contact for pricing
    Restaurant space in wonderful/excellent condition with recently updated equipment
    Addition expanded the cook area, bathrooms, and office space
    Located across the street from the hospital on Ashmun Street (Business Spur) near Spruce Street
    Restaurant set to sell as a turn‑key operation per the seller
    View details
    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 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.

    Established Brewery and Restaurant
    Established Brewery and Restaurant

    810 S Huron Avenue, Mackinaw City, MI 49701

    $3,290,000
    8,000 sqft 1.46 AC lot

    Operating brewery with a taproom, commercial kitchen, indoor and outdoor dining, liquor licenses, and on-site hotel rooms.

    View details
    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.

    View details
    Remodeled Restaurant with River Views
    Remodeled Restaurant with River Views

    220 N Main Street, Cheboygan, MI 49721

    $785,000
    2,500 sqft 0.10 AC lot

    Liquor license, furnishings, equipment, and inventory convey with the restaurant.

    View details
    Restaurant Building with Outdoor Seating
    Restaurant Building with Outdoor Seating

    201 E Central Ave, Mackinaw City, MI 49701

    $850,000

    Food-service property with an adaptable layout for indoor dining and exterior customer seating.

    View details

    Sault Sainte Marie, MI Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants 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 conventional restaurants 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

    Retail

    Office

    Residential Income

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