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Storefront Property with Patio
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 Market596

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 Forced Air, Natural Gas, Hot Water(Heating)
Cooling system Window Unit(s)
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
Added: Mar 5, 2025 Changed: Oct 21 Last Checked: Oct 22 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.

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Investment Insights

Based on property information with market context.

The 3,950-square-foot storefront property can be divided into one, two, or three storefronts. Three basements and additional rear rooms provide storage, while a fenced patio and restroom are also part of the property. The wood-frame building has hot-water and forced-air heating fueled by natural gas, window-unit cooling, and public water. Zoning is Historic Com.

At 201/205 W Portage Ave in downtown Sault Ste. Marie, the property has views of the Soo Locks and Canada. It sits in a tourist district that sees summer foot traffic from bus tours and cruise ship passengers. Free street parking is available in front, with private parking behind the building.

Key Highlights

  • 3,950 square feet of storefront space, configurable as one, two, or three storefronts
  • 0.2307‑acre lot
  • Three basements, additional rear rooms, and a restroom

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Storefront property - The space can be arranged as one, two, or three storefronts and includes substantial basement and rear-room storage.
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 square feet of storefront space, configurable as one, two, or three storefronts; 0.2307‑acre lot; Three basements, additional rear rooms, and a restroom
More about this property
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