Waterfront Commercial Development
For Sale
$599,000
0002 E PORTAGE Ave, Sault Sainte Marie, MI 49783
COMMERCIAL - Sault Ste Marie, MI
Property SizeContact for details
Lot Size2.69 Acres
Days on Market144
Property Features for 0002 E PORTAGE Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-3 SERV. BUS.
Subdivision
231'x599'x134'x105'xME LI
Standard status
Active
Lot size
2.69 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3989
Listing Agency:
Real Estate One Northern Properties
(906) 240-4200
Listed By:
LEANNE MARLOW · License #6506043485
(906) 630-5838
Added: Apr 2
Changed: Aug 4
Last Checked: Aug 23 at 12:06PM
MLS# 24-249
Copyright © 2026 Eastern Upper Peninsula Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This waterfront commercial development parcel offers approximately 231+/- feet of commercial water frontage and sits on 2.688+/- acres. The property is currently zoned B-3 Serv. Bus. City water and sewer are available on site, supporting a range of commercial and mixed-use concepts. The location also provides views of the Twin Saults skylines, sunsets, the international bridge, and passing freighters.
The site is located on the St. Mary’s River in Sault Ste. Marie, Michigan, and is adjacent to Waterfront Place Condominiums. The original development plan targeted three additional condominiums, and the remarks note there is a current demand for that type of offering.
For investors, developers, and buyers seeking a waterfront-leaning site with municipal utilities already available, the zoning and frontage profile create a straightforward platform for planning. While the property was initially marketed around additional condominium development, the stated parameters indicate it allows for many other opportunities within the B-3 framework. Please inquire for more details on the site and development considerations.
The site is located on the St. Mary’s River in Sault Ste. Marie, Michigan, and is adjacent to Waterfront Place Condominiums. The original development plan targeted three additional condominiums, and the remarks note there is a current demand for that type of offering.
For investors, developers, and buyers seeking a waterfront-leaning site with municipal utilities already available, the zoning and frontage profile create a straightforward platform for planning. While the property was initially marketed around additional condominium development, the stated parameters indicate it allows for many other opportunities within the B-3 framework. Please inquire for more details on the site and development considerations.
Key Highlights
- Approximately 2.688 +/- acres with about 231 +/- ft of commercial, currently zoned B‑3 waterfront frontage
- City water and sewer are available on the property
- Adjacent to Waterfront Place condominiums in Sault Ste. Marie, Michigan
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 49783, MI
18,690
Population
9,388
Households
2
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
148.7 sq mi
ZIP Area
126
Density / Sq Mi
$59,847
Median Household Income
$31,334
Median Earnings
$782
Median Rent
$146,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Zoned B-3 waterfront parcel on St. Mary’s River with city water and sewer available for flexible commercial use.
Where is this waterfront land located?
The property is located at 0002 E PORTAGE Ave Sault Sainte Marie, MI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Approximately 2.688 +/- acres with about 231 +/- ft of commercial, currently zoned B‑3 waterfront frontage; City water and sewer are available on the property; Adjacent to Waterfront Place condominiums in Sault Ste. Marie, Michigan
