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    Sault Sainte Marie, MI
    Grocery Store

    Sault Sainte Marie, MI Grocery And Convenience Stores for Sale

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    Sugar Island Convenience Store Opportunity
    Updated: Apr 13
    Sugar Island Convenience Store Opportunity

    Sault Sainte Marie, MI 49783

    Contact for pricing
    High traffic location on Sugar Island.
    Only convenience store, offering gas, liquor, groceries, beer, and wine.
    Established business opportunity, selling a variety of goods.
    Turnkey business.
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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 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 Property With Liquor License
    Restaurant Property With Liquor License

    325 W 2nd Street, Gaylord, MI 49735

    $675,000
    10,200 sqft

    Restaurant and convenience-store components offer a mixed commercial configuration with on-site parking and public sewer.

    View details
    Freestanding Liquor and Convenience Store
    Freestanding Liquor and Convenience Store

    1375 S W Bay Shore Dr, Suttons Bay, MI 49682

    $799,000
    3,187 sqft

    Operating liquor and convenience store with private parking lot and included liquor and lottery licenses.

    View details
    Operating Liquor and Convenience Store
    Operating Liquor and Convenience Store

    Suttons Bay, MI 49682

    $799,000
    1.65 AC lot

    Turnkey liquor and convenience store on M-22 corridor.

    View details
    New Dollar General Plus Store
    New Dollar General Plus Store

    10464 Old US Hwy 27 S, Gaylord, MI 49735

    Contact for pricing
    10,640 sqft

    New Dollar General Plus store in Gaylord, Michigan.

    View details

    Sault Sainte Marie, MI Grocery And Convenience Stores Market Trends and Statistics

    Explore 1 grocery and convenience stores for sale in Sault Sainte Marie, MI on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 9
    Auto shops 2
    Automotive properties 2
    Grocery and convenience stores 2
    Shopping centers 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 $495K

    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

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