Furnished Bar and
For Sale
$900,000
227 W PORTAGE Ave, Sault Sainte Marie, MI 49783
Commercial Sale, Sault Ste Marie, MI
Property Size3,200 SF
Price / SF$281.25
Days on Market469
Property Features for 227 W PORTAGE Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Exterior features
Elevator, Furnished, Handicap Access, High Traffic Locatn, Kitchen Area, Lounge/Bar, Restaurant, Storage
Accessibility
Accessible Elevator Installed, Accessible Approach with Ramp
Elementary school district
Sault Ste Marie
Middle school district
Sault Ste Marie
High school district
Sault Ste Marie
Directions
DRIVE NORTH ON ASHMUN STREET. GO THROUGH TOWN AND TURN LEFT ON PORTAGE. MOLONEY'S IS A BLOCK DOWN ACROSS FROM THE HISTORIC OJIBWAY HOTEL
Subdivision
11 - Sault Ste. Marie (West)
Standard status
Active
APN
051-141-003-00
Size
3,200 SF
Utilities
Heating system
Natural Gas, Forced Air
Water source
Public
Amenities
sidewalk cafe seating
back lot for outside events
Building Details
Building materials
Masonry, Wood Frame, Mixed
Roof type
Rubber
Additional Structures
Storage
Listing Agency:
Five Water Realty
(906) 226-7300
Listed By:
Jim Jorgensen · License #6502433719
(906) 322-0551
Added: Jun 25, 2025
Changed: Sep 2
Last Checked: Oct 6 at 12:06AM
MLS# 25-617
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 3,200-square-foot bar and restaurant at 227 W Portage Ave includes furnished interiors, bar seating, a dining room, kitchen area, lounge space, and storage. The property also offers sidewalk café seating and a back lot that can be cordoned off for outdoor events. A sale of the established operation includes the furnishings and restaurant contents described in the listing, along with existing food-and-beverage infrastructure. Building features include an elevator, accessible elevator access, an approach ramp, public water service, a rubber roof, and mixed masonry and wood-frame construction. Heating is provided by forced air with natural gas. The business has operated for over 30 years and offers 20 beers on tap. The property is across West Portage Ave from the locks and within walking distance of several hotels and downtown attractions in Sault Ste Marie.
Key Highlights
- 3,200‑square‑foot bar and restaurant at 227 W Portage Ave
- Bar seating, dining room, kitchen area, lounge space, and storage
- Sidewalk café seating plus a back lot for cordoned outdoor events
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Wicked Sister — 716 Ashmun St, Sault Ste. Marie, MI 49783
- The Merch — 108 W Spruce St, Sault Ste. Marie, MI 49783
- Zim's Bar & Grill — 229 Ashmun St, Sault Ste. Marie, MI 49783
- Downtowner tavern — 218 Ashmun St, Sault Ste. Marie, MI 49783
- Moloney's Alley — 227 W Portage Ave, Sault Ste. Marie, MI 49783
Frequently Asked Questions
What type of property is this?
Bar & Pub - The property includes bar seating, a dining room, sidewalk café seating, and a back lot that can be cordoned for outdoor events.
Where is this bar & pub located?
The property is located at 227 W PORTAGE Ave Sault Sainte Marie, MI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 3,200‑square‑foot bar and restaurant at 227 W Portage Ave; Bar seating, dining room, kitchen area, lounge space, and storage; Sidewalk café seating plus a back lot for cordoned outdoor events
