Turnkey Bar and
For Sale
$900,000
227 W PORTAGE Ave, Sault Sainte Marie, MI 49783
COMMERCIAL - Sault Ste Marie, MI
Property Size3,200 SF
Price / SF$281.25
Days on Market94
Property Features for 227 W PORTAGE Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
40X150
Standard status
Active
Size
3,200 SF
Listing Agency:
Five Water Realty
(906) 226-7300
Listed By:
Jim Jorgensen · License #6505431232
(906) 322-0551
Added: May 5
Changed: Aug 4
Last Checked: Aug 6 at 7:06AM
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 turnkey bar and restaurant is being offered with the included business and furnishings for a streamlined transition. The layout provides ample bar seating along with a large dining room. Outdoor options include sidewalk cafe seating, and there is also a back lot that can be cordoned off for outside events. The beverage program features 20 beers on tap, supporting a full-service bar environment. The property totals approximately 3,200 square feet.
Located in the heart of Sault Ste Marie, Michigan on West Portage Ave, the location is across the street from the locks. The site is described as within walking distance of multiple hotels and downtown attractions, positioning it to serve both locals and visitors.
For operators and buyers looking for a ready-to-run hospitality concept, the combination of indoor dining, bar seating, and flexible outdoor space can support a variety of service formats throughout the year. The offering is presented as turnkey, which may appeal to buyers seeking to take over an established, operating bar-and-restaurant with the included components already in place.
Located in the heart of Sault Ste Marie, Michigan on West Portage Ave, the location is across the street from the locks. The site is described as within walking distance of multiple hotels and downtown attractions, positioning it to serve both locals and visitors.
For operators and buyers looking for a ready-to-run hospitality concept, the combination of indoor dining, bar seating, and flexible outdoor space can support a variety of service formats throughout the year. The offering is presented as turnkey, which may appeal to buyers seeking to take over an established, operating bar-and-restaurant with the included components already in place.
Key Highlights
- Iconic family‑owned bar/restaurant with 30+ years in business
- Located on West Portage Ave in the heart of Sault Ste. Marie, MI, across from the locks
- Includes bar seating, a huge dining room, sidewalk cafe seating, and a back lot that can be cordoned off for outside events
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
Balanced
Demand for This Use
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 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
- Moloney's Alley — 227 W Portage Ave, Sault Ste. Marie, MI 49783
- Downtowner tavern — 218 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
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turnkey bar-and-restaurant operation with dining room, sidewalk cafe seating, and back lot for 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: Iconic family‑owned bar/restaurant with 30+ years in business; Located on West Portage Ave in the heart of Sault Ste. Marie, MI, across from the locks; Includes bar seating, a huge dining room, sidewalk cafe seating, and a back lot that can be cordoned off for outside events
