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Tourist-Zoned Mixed-Use Properties
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506/508 E Portage AVE, Sault Sainte Marie, MI 49783

Two adjacent properties with existing improvements and visibility along Sault Ste. Marie’s tourist corridor.

Property Size5,160 SF
Price / SF$85.08
Days on Market9

Property Features for 506/508 E Portage AVE

General Information

Standard status Active
Size 5,160 SF
Total Parking Spaces 4
Property subtype Mixed Use
Zoning Tourist
Investment Type Redevelopment

Building Details

Year Built 1920
Buildings 3
Units 3
Tenancy Multi
Listing Agency: Re/Max Northstar Realty
Listed By: Kristina Thibault · License #6501304068
Source: Crexi
Added: Aug 12 Changed: Aug 15 Last Checked: Aug 20 at 8:58AM

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 Re/Max Northstar Realty

Investment Insights

Based on property information with market context.

This mixed-use offering combines two adjacent properties at 506/508 E Portage AVE in Sault Ste. Marie. The site includes 5,160 square feet of existing improvements dating to 1920 and carries Tourist zoning, supporting consideration of mixed-use, office, retail, live-work, or vacation-rental concepts as described for the property.

The location overlooks the St. Mary’s River and provides views toward passing freighters, the Valley Camp Museum Ship, and Soo Locks Boat Tours. Its placement within the city’s tourist corridor adds direct context for commercial or visitor-oriented uses, while the two-parcel configuration provides a combined offering with established improvements already in place.

Key Highlights

  • Two adjacent Tourist‑zoned properties at 506/508 E Portage AVE
  • 5,160 square feet of existing improvements
  • Existing improvements date to 1920

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Electrical 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

520
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two adjacent properties with existing improvements and visibility along Sault Ste. Marie’s tourist corridor.
Where is this mixed-use property located?
The property is located at 506/508 E Portage AVE Sault Sainte Marie, MI.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Two adjacent Tourist‑zoned properties at 506/508 E Portage AVE; 5,160 square feet of existing improvements; Existing improvements date to 1920
(906) 440-0525 Call to check price and availability
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