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    Sault Sainte Marie, MI
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    Sault Sainte Marie, MI Multifamily Properties for Sale

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    Brimley, MI Kinross, MI Barbeau, MI
    9 listings
    Mixed-Use Salon and Apartments
    $510,000
    4,942 SF
    Mixed-Use Salon and Apartments

    Sault Sainte Marie, MI 49783

    Established salon on the main floor with two upstairs apartments, offering a combined live-and-work setup in a B2-zoned building.
    • Mixed‑use commercial building with a 2,375 SF main floor salon
    • Salon setup includes 8 chairs and 9 stylists, plus massage therapy and reception areas
    • Two apartments upstairs, including a modern two‑bedroom, one‑bath unit with exposed brick and granite countertops
    • Modern downtown‑style apartment features soaring ceilings
    • Salon is located on Ashmun Street near the Soo Theatre and across from the Small Mall
    Updated: Mar 12
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    Renovated Roadside Motel
    $1,250,000
    9,959 SF
    Renovated Roadside Motel

    Sault Sainte Marie, MI 49783

    Renovated 1950s motel in Sault Ste. Marie operating as a boutique vacation rental business under B3 zoning.
    • Renovated 1950s roadside motel in the heart of Sault Ste. Marie.
    • Operating as a boutique vacation rental business.
    • Owned by a licensed Realtor.
    Updated: May 26
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    Multi-Unit Residential Income Property
    $405,000
    0.32 Acres
    Multi-Unit Residential Income Property

    Income-producing multi-unit residential property offered for sale with financial information available to qualified buyers.

    Sault Sainte Marie, MI 49783

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    Multifamily with Storefront Lower Level
    $449,000
    0.33 Acres
    Multifamily with Storefront Lower Level

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

    Sault Sainte Marie, MI 49783

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    21-Unit Hospitality Property
    $450,000
    6,450 SF
    21-Unit Hospitality Property

    For sale 21-unit hospitality property with a newly installed flat roof and renovations underway under B-3 zoning.

    Sault Sainte Marie, MI 49783

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    Mixed-Use Property with Retail Space
    $289,000
    2,710 SF
    Mixed-Use Property with Retail Space

    Move-in ready ground-floor retail with prominent window frontage plus a finished two-bedroom short-term rental residence above.

    Sault Sainte Marie, MI 49783

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    Mixed-Use Building with Storefronts
    $399,000
    Mixed-Use Building with Storefronts

    Brick-and-stone mixed-use building with storefront frontage and three rental units above, located in Sault Ste. Marie’s DDA district.

    Sault Sainte Marie, MI 49783

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    Duplex with Attached Garage
    $97,500
    1,720 SF
    Duplex with Attached Garage

    Duplex offers updated features and generous living space in a layout suited to long-term or student renters.

    Sault Sainte Marie, MI 49783

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    Waterfront RV Park and Marina Land
    $550,000
    Waterfront RV Park and Marina Land

    A shoreline parcel with a dredged marina channel and established campsites and mobile home sites for seasonal hosting.

    Sault Sainte Marie, MI 49783

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 9 Active listings in Sault Sainte Marie, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Remodeled Duplex in Prime Location
    $559,900
    2,318 SF
    Remodeled Duplex in Prime Location

    Updated duplex near Gaslight district, shopping, and recreation.

    415 Liberty, Petoskey, MI 49770

    View details
    Vanderbilt Multi-Unit Investment Opportunity
    $280,000
    Vanderbilt Multi-Unit Investment Opportunity

    Multi-unit property with income potential in downtown Vanderbilt.

    566 E MAIN STREET, Vanderbilt, MI 49795

    View details
    Petoskey Multifamily Investment Opportunity
    $850,000
    Petoskey Multifamily Investment Opportunity

    Well-maintained 6-unit multifamily property near downtown Petoskey.

    524 State St, Petoskey, MI 49770

    View details
    Furnished Triplex with Storage Outbuildings
    $185,900
    Furnished Triplex with Storage Outbuildings

    Three-unit triplex with recent exterior and interior upgrades, plus new septic and onsite storage suited for mid-term furnished rentals.

    351 W Main St, Vanderbilt, MI 49795

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Breathtaking Farmland Development Opportunity
    $2,950,000
    74.20 Acres
    Breathtaking Farmland Development Opportunity

    72 acres of high-elevation farmland with sweeping, multi-directional views.

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    View details
    Improved Marina Condominium Lot
    Contact for pricing
    0.01 Acres
    Improved Marina Condominium Lot

    Includes a boat slip and improved trailer setup for low-maintenance seasonal recreation near Au Gres amenities.

    831 S Main Street, Au Gres, MI 48703

    View details
    Menominee City Building Lot
    Contact for pricing
    0.21 Acres
    Menominee City Building Lot

    Building lot near Henes Park, ready for construction.

    605 46th Avenue, Menominee, MI 49858

    View details
    Recreational Land in Gated Community
    $44,000
    0.75 Acres
    Recreational Land in Gated Community

    0.75-acre lot with hookups in White Birch Lakes Association.

    4537 Pine Run, Farwell, MI 48622

    View details

    Sault Sainte Marie, MI Multifamily Properties Investment Opportunities Market Analysis

    Explore 9 multifamily properties for sale in Sault Sainte Marie, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 25,849 square feet of properties for sale, with an estimated market value of $3,154,000.

    Sale prices for multifamily properties in Sault Sainte Marie, MI start at $105,000, averaging $525,666, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Duplexes 2
    Mobile home & RV parks 1
    Short term rental properties 1
    Triplexes 1

    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 $301.3K

    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

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