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    119 W Water St Sault Sainte Marie, MI 49783

    For Sale
    $749,900

    COMMERCIAL - Sault Ste Marie, MI

    Days on Market:
    138
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 119 W Water St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMERCIAL
    APN
    051-143-154-50
    Parking features
    Parking Lot

    United Country Great Lakes Realty & Auction (989) 785-3661

    Listing agent Diane L McMurphy (989) 785-3661

    Listing date Jul 23, 2025

    Copyright © 2025 Water Wonderland 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.

    Overview

    Downtown Sault Ste Marie Investment

    This commercial property overlooks the Soo Locks in Downtown Sault Ste Marie, Michigan, offering great investment potential. Sault Ste Marie, the county seat of Chippewa County, is situated on the Northeastern end of Michigan's Upper Peninsula, bordering the U.S. and Canada, with the St. Mary's River separating it from Sault Ste. Marie, Ontario. The city had a population of 14,144 in the 2010 census. The property is located across from the international shipping channels of the Soo Locks. Visitors are drawn to the area by the freighters passing through the locks, the historic downtown area, the St. Mary's River, and the International Bridge. The property is located in Sault Ste Marie, MI 49783.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sault Sainte Marie
    County
    Chippewa
    State
    Michigan
    Longitude
    -84.34504
    Latitude
    46.501094

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    FAQs

    What type of property is this?
    Storefront property - Commercial property overlooking Soo Locks with great investment potential.
    Where is this storefront property located?
    The property is located at 119 W Water St Sault Sainte Marie, MI.
    What is the asking price?
    The asking price for this property is $749,900.
    What are key features of this property?
    This property features: - Overlooks the Soo Locks.; - Located in Downtown Sault Saint Marie.; - Great investment potential.
    (989) 785-3661
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 W Water St Sault Sainte Marie, MI 49783
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