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Downtown Retail Storefront Property
For Sale
$370,000

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

Commercial Sale, Sault Ste Marie, MI

Property Size3,950 SF
Lot Size0.23 Acres
Price / SF$93.67
Days on Market549

Property Features for 201/205 W Portage Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning Historic Com
Exterior features High Traffic Locatn, Restroom, View
Elementary school district Sault Ste Marie
Middle school district Sault Ste Marie
High school district Sault Ste Marie
Directions From Ashmun Street, turn West onto Portage. Building is located across from The Palace Restaurant and next to the Satisfied Frog.
Subdivision 11 - Sault Ste. Marie (West)
Standard status Active
APN 051-141-013-00
Size 3,950 SF
Lot size 0.23 Acres

Utilities

Heating system Hot Water(Heating), Natural Gas, Forced Air
Water source Public

Amenities

stunning views of the Soo Locks and Canada
ample storage in three basements and additional back rooms
fenced-in patio area
free street parking
private parking

Building Details

Building materials Wood Frame
Listing Agency: RE/MAX NorthStar Realty
Listed By: Kristina Thibault · License #6501304068
Added: Mar 5, 2025 Changed: Sep 2 Last Checked: Sep 4 at 11:06PM
MLS# 25-111

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 3,950-square-foot retail property is arranged for use as one, two, or three storefronts. The updated space includes additional back rooms, three basements for storage, restrooms, and a fenced patio area. Wood-frame construction is supported by forced-air and hot-water heating with natural gas service, while public water serves the property.

The building is located in the historic downtown of Sault Ste Marie, within a tourist district and near views of the Soo Locks and Canada. Free street parking is available along the frontage, with private parking at the rear. The property also has access to summer foot traffic associated with bus tours and cruise ship passengers.

Key Highlights

  • 3,950 SF retail property in historic downtown Sault Ste Marie
  • Flexible layout with one, two, or three storefronts
  • Three basements plus rear rooms provide substantial storage

Property Analytics

Current Use

Storefront properties

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

852
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 36% Home Improvements & Furnishings 9%
Marathon Shops & Services
4,288 visits/mo 0.3 miles
Domino's Pizza Dining
2,774 visits/mo 0.5 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
680 visits/mo 0.4 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Updated commercial space offers flexible storefront configuration, storage, patio space, and customer parking.
Where is this storefront property 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: 3,950 SF retail property in historic downtown Sault Ste Marie; Flexible layout with one, two, or three storefronts; Three basements plus rear rooms provide substantial storage
More about this property
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