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Commercial Waterfront Land
For Sale
$400,000

119 W Water Street, Sault Sainte Marie, MI 49783

Commercial Sale, Sault Ste Marie, MI

Property SizeContact for details
Days on Market2444

Property Features for 119 W Water Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMERCIAL
Parking features Parking Lot
Subdivision Assessors Subd #3
Directions Property located at Water St and River St in Sault Saint Marie MI
Standard status Active
APN 051-143-154-50

Taxes and HOA fees

Tax Description ASSESSORS SUBD NO 3; LOTS 154 AND 157 EX S 115 FT AND LOTS 155, 156 AND 159 AND W 10 FT OF LOT 158 EXC S 115 FT THEREOF
Legal Description ASSESSORS SUBD NO 3; LOTS 154 AND 157 EX S 115 FT AND LOTS 155, 156 AND 159 AND W 10 FT OF LOT 158 EXC S 115 FT THEREOF
Listing Agency: United Country Great Lakes Realty & Auction
Listed By: Diane L McMurphy · License #6502390317
Added: Jan 27, 2020 Changed: Sep 13 Last Checked: Oct 6 at 12:06AM
MLS# 322837

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This commercial land parcel is located on W Water Street in downtown Sault Ste Marie, with commercial zoning and an existing parking lot. The property overlooks the Soo Locks and the international shipping channels along the St. Mary’s River.

Its downtown setting places the parcel near the historic core, the riverfront, and the International Bridge. The Soo Locks draw visitors to the area to watch freighters navigate the shipping channels, providing a distinct waterfront context for this commercial property.

Key Highlights

  • Commercial zoning
  • Overlooks the Soo Locks
  • Downtown Sault Ste Marie location

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Auto Parts Store Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

840
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercially zoned land with a parking lot overlooking the Soo Locks and nearby international shipping channels.
Where is this commercial land located?
The property is located at 119 W Water Street Sault Sainte Marie, MI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Commercial zoning; Overlooks the Soo Locks; Downtown Sault Ste Marie location
More about this property
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