Sault Sainte Marie, MI
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    Sault Sainte Marie, MI Residential Income Properties for Sale

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    Barbeau, MI Rudyard, MI Pickford, MI
    Mixed-Use Building in Sault Ste. Marie
    $510,000
    4,942 SF

    Mixed-Use Building in Sault Ste. Marie

    Sault Sainte Marie, MI 49783

    Mixed-use building with salon and apartments in downtown Sault Ste. Marie.

    • Prime location on Ashmun Street, Sault Ste. Marie's busiest corridor, across from the Small Mall and near the Soo Theatre.
    • Established salon business with 8 chairs, 9 stylists, and massage therapist included.
    • Mixed‑use building featuring two upstairs apartments, including a modern, high‑end two‑bedroom unit with exposed brick and granite countertops.
    • High visibility and high traffic location, neighboring MyMichigan Medical Center and surrounded by dense residential housing.
    • 2,375 SF main floor salon with expansion potential for additional services and extended hours.
    Updated: Mar 12
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    Mixed-Use Property in Sault Ste
    $289,000
    2,710 SF

    Mixed-Use Property in Sault Ste

    Sault Sainte Marie, MI 49783

    Mint-condition mixed-use property in downtown Sault Ste Marie, Michigan.

    • Prime downtown location with high foot traffic and visibility on Ashmun Street.
    • Move‑in ready, modern ground‑level retail space suitable for various business types.
    • Gorgeously completed two‑bedroom, one‑bath short‑term rental on the second level designed for premium returns.
    • Mint‑condition property, both retail and residential spaces are in excellent condition.
    • Close proximity to popular eateries, MyMichigan Hospital, Soo Locks, and city/county offices.
    Updated: Mar 12
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    Sault Ste Marie Duplex
    $114,000
    1,720 SF

    Sault Ste Marie Duplex

    Spacious duplex with rental appeal near amenities.

    Sault Sainte Marie, MI 49783
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    Comfort Inn
    $7,980,000
    61,662 SF

    Comfort Inn

    Comfort Inn located in Sault Sainte Marie, MI

    Sault Sainte Marie, MI 49783
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

    Gaylord Duplexes: Income Opportunity
    $725,000
    3,440 SF

    Gaylord Duplexes: Income Opportunity

    Two duplexes built in 2023, great for rental income.

    126 & 128 E Mill Street, Gaylord, MI 49735
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    Alpena Duplex Investment Opportunity
    $289,900
    2,352 SF

    Alpena Duplex Investment Opportunity

    Immaculate Alpena duplex near Lake Huron and downtown.

    328 W Washington, Alpena, MI 49707
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    Downtown Gaylord Mixed-Use Building
    $325,000
    4,822 SF

    Downtown Gaylord Mixed-Use Building

    Commercial building with mixed-use potential and ample parking.

    144 W Main Street, Gaylord, MI 49735
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    Waterfront RV Park and Livery
    $2,270,000
    26.00 Acres

    Waterfront RV Park and Livery

    Thriving RV park and canoe livery near downtown Alpena.

    5005 Long Rapids Road, Alpena, MI 49707
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    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.

    Residential Lot in Lakeshore Subdivision
    Contact for pricing
    0.46 Acres

    Residential Lot in Lakeshore Subdivision

    Vacant lot in Sault Ste Marie, build your dream home.

    Sault Sainte Marie, MI 49783
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    Wooded Land Near City Amenities
    $179,900
    24.00 Acres

    Wooded Land Near City Amenities

    24-acre wooded parcel with utilities near snowmobile trails.

    Sault Sainte Marie, MI 49783
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    Residential Land in Quiet Neighborhood
    Contact for pricing
    0.22 Acres

    Residential Land in Quiet Neighborhood

    Buildable lot near Lake Superior State University and Soo Locks.

    00 Peck, Sault Sainte Marie, MI 49783
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    Sault Ste Marie Development Land
    $318,400
    154.00 Acres

    Sault Ste Marie Development Land

    154 acre parcel ideal for development in Sault Ste Marie.

    Sault Sainte Marie, MI 49783
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    Sault Sainte Marie, MI Residential Income Properties Investment Opportunities Market Analysis

    Explore 4 residential income properties for sale in Sault Sainte Marie, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 69,314 square feet of properties for sale, with an estimated market value of $8,779,000.

    Sale prices for residential income properties in Sault Sainte Marie, MI start at $289,000, averaging $2,926,333, and reaching up to $7,980,000 — 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Sault Sainte Marie.

    Top Commercial Asset Segments

    Multifamily properties 3
    Apartment buildings 1
    Duplexes 1
    Short term rental properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    49783 $2.3M

    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%

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