Live - Work Space

Sault Sainte Marie, MI Live-work Space for Sale

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Brimley, MI Dafter, MI Barbeau, MI Kinross, MI Rudyard, MI Pickford, MI
Tourist-Zoned Mixed-Use Property
Updated: Jul 13
Tourist-Zoned Mixed-Use Property

Sault Sainte Marie, MI 49783

$439,000
5,160 sqft
Two adjacent Tourist‑zoned properties at 506/508 E Portage Ave
5,160 square feet of existing improvements
Views of the St. Mary’s River and passing freighters
Views toward the Valley Camp Museum Ship and Soo Locks Boat Tours
Potential concepts include vacation rentals, boutique retail, offices, and live‑work use
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Mixed-Use Live-Work Property
Updated: Jul 13
Mixed-Use Live-Work Property

Sault Sainte Marie, MI 49783

$199,000
2,580 sqft 0.19 AC lot
Year built 1920 with a versatile 2,500 SF layout and full basement
Upper level has a 2‑bedroom, 1‑bath apartment with large living and dining room
Lower level is currently a studio‑style space with large storefront windows
Tourist‑zoned property with views over the St. Mary’s River and freighter traffic
On‑site parking included
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Tourist-Zoned Mixed-Use Properties
Tourist-Zoned Mixed-Use Properties

Sault Sainte Marie, MI 49783

Contact for pricing
5,160 sqft

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

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Sault Sainte Marie, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Live-Work Commercial Property
Live-Work Commercial Property

6074 Rapid City Rd NW, Rapid City, MI 49676

$274,900
1,536 sqft

Former kennel building with office, reception, bath and laundry, plus a 900+SF two-bedroom residence.

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Live-Work Property with Residence
Live-Work Property with Residence

6704 Rapid City Road NW, Rapid City, MI 49676

$274,900
1,536 sqft 5.06 AC lot

Commercially zoned property combines an office-oriented building with an on-site two-bedroom residence and shared private water service.

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Live-Work Building with Overhead Doors
Live-Work Building with Overhead Doors

5660 S Straits Highway, Indian River, MI 49749

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Heated shop with dual overhead doors, plus an office with a private entrance and a residential apartment portion.

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Corner Mixed-Use Property
Corner Mixed-Use Property

4819 S Straits Highway, Indian River, MI 49749

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Configured with retail display space, a workroom, kitchen, bath, and private offices.

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Sault Sainte Marie, MI Live-Work Space Market Trends and Statistics

Explore 3 live-work space for sale in Sault Sainte Marie, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,900 square feet of properties for sale, with an estimated market value of $638,000.

Sale prices for live-work properties in Sault Sainte Marie, MI start at $199,000, averaging $319,000, and reaching up to $439,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 7

Demographics Overview

Population 24K
Population Growth (5Y) -18.3%
Median Household Income $58,587
College Educated 10.4%

High-Yield Neighborhoods for Investment

Identify Sault Sainte Marie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49783 $382.7K

Taxes & Financing

Tax Rate (average for all types) 3.35%
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Chippewa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Chippewa County

Retail

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