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    201/205 W Portage Ave Sault Sainte Marie, MI 49783

    For Sale
    $370,000

    Commercial Income - Sault Ste Marie, MI

    Property size:
    3,950 SF
    Days on Market:
    158
    Last Refresh:
    Dec 13 at 3:06 pm

    Property Features for 201/205 W Portage Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Historic Com
    Rooms
    Basement
    APN
    051-141-013-00
    Interior features
    Restroom
    Exterior features
    High Traffic Location, View
    Basement Y/N
    1
    Size
    3,950 SF

    Utilities

    Heating system
    Forced Air, Hot Water (Heating), Natural Gas
    Cooling system
    Window Unit(s)

    Building Details

    Number of units
    3
    Architectural style
    Other

    RE/MAX NorthStar Realty (906) 635-1000

    Listing agent Kristina Thibault (906) 635-1000 License #6501304068

    Listing date Jul 9, 2025

    MLS# 25-111 Listing URL

    Copyright © 2025 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.

    Overview

    Prime Retail Space in Downtown

    This property features 3,950 square feet of retail space in the historic downtown area of Sault Ste. Marie. The location offers views of the Soo Locks and Canada. The space can be configured as one, two, or three storefronts, suitable for various retail businesses. It is updated and move-in ready, with ample storage provided by three basements and additional back rooms. A fenced-in patio area offers additional potential. Convenient free street parking is available in front, with private parking in the back. Situated in a bustling tourist district, the property benefits from steady summer foot traffic, including bus tours and cruise ship passengers. The property is located at 201/205 W Portage AVE, Sault Ste Marie, MI 49783 and is zoned Historic Com.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

    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
    -84.347962
    Latitude
    46.500828

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    FAQs

    What type of property is this?
    Retail space - High-traffic retail space with views of the Soo Locks.
    Where is this retail space located?
    The property is located at 201/205 W Portage Ave Sault Sainte Marie, MI.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: - Prime 3,950 SF retail space in historic downtown Sault Ste. Marie.; - Stunning views of the Soo Locks and Canada.; - High-traffic location in a bustling tourist district with steady summer foot traffic.
    (906) 635-1000
    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
    201/205 W Portage Ave Sault Sainte Marie, MI 49783
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