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For sale
Single family properties
MI
Sault Sainte Marie
49783
506/508 E Portage Ave

Multifamily with Storefront Lower Level

506/508 E Portage Ave, Sault Sainte Marie, MI 49783

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For Sale

$449,000

MULTI_FAMILY - Sault Ste Marie, MI

Lot size:

0.33 Acres

HighLights

Two‑property investment in Sault Ste. Marie’s Tourist District, directly across from the Valley Camp Museum Ship and Soo Locks Boat Tours
Each building offers over 2,500 sq ft of space
One building currently used as apartments; previously utilized as commercial space and provides rental income
Lower level includes storefront windows and handicap accessibility
Second building currently single‑family, but was previously configured as multiple rental units

We can help!

Listing Contact

Kristina Thibault

For Sale

$449,000

MULTI_FAMILY - Sault Ste Marie, MI

Lot size:

0.33 Acres

Added:: Jun 12, 2026
Days on Market:: 1
Last Refresh:: Jun 12 at 11:06 pm

Property Features for 506/508 E Portage Ave

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 8
Bathrooms: 4
Rooms: Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 7, Basement, Bedroom 1, Bedroom 8, Bathroom 1, Bathroom 4
Standard status: Active
APN: 051-031-066-40/051-031-066-30
Lot size: 0.33 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 4102

Building Details

Floors in Building: 2
Number of units: 3

We can help!

Listing Contact

Kristina Thibault

Listing agent Kristina Thibault License #6501304068

Listing office RE/MAX NorthStar Realty 1411 Ashmun St., Sault Ste. Marie, MI

Listing date Jun 12, 2026

MLS# 26-464 Listing URL

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.

HighLights

Two‑property investment in Sault Ste. Marie’s Tourist District, directly across from the Valley Camp Museum Ship and Soo Locks Boat Tours
Each building offers over 2,500 sq ft of space
One building currently used as apartments; previously utilized as commercial space and provides rental income
Lower level includes storefront windows and handicap accessibility
Second building currently single‑family, but was previously configured as multiple rental units

Overview

This sale includes two multifamily buildings at 506/508 E Portage Ave. Each building offers substantial enclosed space and flexibility for different operating and occupancy strategies. One building is currently used as apartments, but the lower level includes storefront windows and handicap accessibility and could support uses such as retail, office, or a service concept. The second building is currently configured as a single-family home, but it was previously set up as multiple rental units and could be converted back.

The properties are located in Sault Ste. Marie and positioned directly across from the Valley Camp Museum Ship and Soo Locks Boat Tours. The surrounding setting is closely tied to visitor activity associated with the museum ship and boat tours.

For tenants, buyers, and operators seeking adaptable housing and income options, the combination of apartment use plus a lower level with street-facing storefront windows can simplify planning for mixed residential and commercial occupancy. The ability to reconfigure the second building back toward multi-unit rentals also supports a range of long-term rental, short-term rental, or future redevelopment approaches, subject to applicable approvals.

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Location Insight

Map
Local Demand

City: Sault Sainte Marie
County: Chippewa
State: Michigan
Longitude: -84.337475
Latitude: 46.497069

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For sale
Single family properties
MI
Sault Sainte Marie
49783
506/508 E Portage Ave

What type of property is this?

Single family property - Two multifamily buildings with adaptable lower-level space, including storefront windows and handicap accessibility.

Where is this single family 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 $449,000.

What are key features of this property?

This property features: Two‑property investment in Sault Ste. Marie’s Tourist District, directly across from the Valley Camp Museum Ship and Soo Locks Boat Tours; Each building offers over 2,500 sq ft of space; One building currently used as apartments; previously utilized as commercial space and provides rental income

506/508 E Portage Ave, Sault Sainte Marie, MI 49783

MULTI_FAMILY - Sault Ste Marie, MI

Property Features for 506/508 E Portage Ave

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turnkey Bar and Restaurant

Vending Machine Business with Warehouse

Versatile Flex/Commercial Building

Updated Retail Space with Fenced Patio

Updated Flex Distribution and Showroom Building

Handicap-Accessible Multi-Use Commercial Building

Hospitality Property with Attached Residence

Mixed-Use Salon and Apartments

Renovated Roadside Motel

Three-Building Commercial Workshop

Multi-Unit Residential Income Property

High-Visibility Storefront Commercial Building

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