Three-Story Mixed-Use
For Sale
$1,295,000
200 West Portage Avenue, Sault Sainte Marie, MI 49783
Commercially zoned property pairs a street-level restaurant and bar with updated vacation-rental units above.
Property Size9,254 SF
Lot Size0.16 Acres
Days on Market37
Property Features for 200 West Portage Avenue
General Information
Standard status
Active
Size
9,254 SF
Lot size
0.16 Acres
Property subtype
SCR-REST, RES, MU
Zoning
Commercial
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Road Access
Yes
Building Details
Building Size
9,254 SF
Year Built
1903
Buildings
1
Stories
3
Units
3
Listing Agency:
(906) 440-0907
Listed By:
Leah Jackson · License #6501371812
(906) 440-0907
Source:
Realnex
Added: Jul 7
Changed: Aug 12
Last Checked: Aug 12 at 3:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Leah Jackson
Investment Insights
Based on property information with market context.
This three-story commercial property combines hospitality and residential components within a single building. The main level is configured for restaurant and saloon operations, with the sale including restaurant and bar equipment plus a liquor license. Three updated rental units occupy the upper floors and are currently operated as vacation rentals.
The property encompasses 0.16 acres at 200 West Portage Avenue in downtown Sault Ste. Marie, along the city’s primary pedestrian corridor. It is located steps from the Soo Locks, which attract approximately 500,000 visitors annually. Commercial zoning supports the property’s mixed-use format, while the established restaurant, bar, and short-term rental operations provide distinct components for an owner-operator or investor.
The property encompasses 0.16 acres at 200 West Portage Avenue in downtown Sault Ste. Marie, along the city’s primary pedestrian corridor. It is located steps from the Soo Locks, which attract approximately 500,000 visitors annually. Commercial zoning supports the property’s mixed-use format, while the established restaurant, bar, and short-term rental operations provide distinct components for an owner-operator or investor.
Key Highlights
- Three‑story building with restaurant and saloon operations on the main level
- Three updated rental units on the upper floors, currently used as vacation rentals
- Restaurant and bar equipment included in the sale
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
199
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned property pairs a street-level restaurant and bar with updated vacation-rental units above.
Where is this mixed-use property located?
The property is located at 200 West Portage Avenue Sault Sainte Marie, MI.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Three‑story building with restaurant and saloon operations on the main level; Three updated rental units on the upper floors, currently used as vacation rentals; Restaurant and bar equipment included in the sale
