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    Sault Sainte Marie, MI
    Conventional Restaurant

    Sault Sainte Marie, MI Conventional Restaurants for Sale

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    Brimley, MI Rudyard, MI Kinross, MI Barbeau, MI Pickford, MI
    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
    View details
    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 Any Listing Into an Investment Snapshot Owner equity, real caprate, 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.

    Turnkey Bar Restaurant and Campground
    Turnkey Bar Restaurant and Campground

    3090 US-23, Rogers City, MI 49779

    $445,000
    1,311 sqft

    Turnkey restaurant with liquor license plus a 15-site campground with utilities and amenities for year-round guests.

    View details
    Turn-Key Restaurant with Liquor License
    Turn-Key Restaurant with Liquor License

    7515 S US 31 Highway, Alanson, MI 49706

    $699,000
    5,317 sqft

    Turn-key restaurant near the Crooked River with bar, dining, upstairs living quarters, basement storage, and included liquor license.

    View details
    Turn-Key Restaurant with Living Quarters
    Turn-Key Restaurant with Living Quarters

    7515 S U.S. 31 Highway, Alanson, MI 49706

    $699,000
    5,317 sqft

    Fully equipped restaurant with living space and expansion potential.

    View details
    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.

    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 start at $900,000, averaging $900,000, and reaching up to $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
    Drive through restaurants 2
    Bars & Pubs 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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