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    Sault Sainte Marie, MI
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    Sault Sainte Marie, MI Restaurants for Sale

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    Brimley, MI Rudyard, MI Kinross, MI Barbeau, MI Pickford, MI
    Turnkey Bar and Restaurant
    Updated: May 5
    Turnkey Bar and Restaurant

    Sault Sainte Marie, MI 49783

    $900,000
    3,200 sqft
    Iconic family‑owned bar/restaurant with 30+ years in business
    Located on West Portage Ave in the heart of Sault Ste. Marie, MI, across from the locks
    Includes bar seating, a huge dining room, sidewalk cafe seating, and a back lot that can be cordoned off for outside events
    Offers food and cocktails with 20 beers on tap
    Back lot supports outside events with cordon‑off potential
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    Freestanding Jimmy John's with Drive-Thru
    Updated: Mar 5
    Freestanding Jimmy John's with Drive-Thru

    2200 Ashmun St, Sault Sainte Marie, MI 49783

    $1,479,667
    2,000 sqft
    Absolute NNN Lease Structure - 0 Landlord Responsibilities
    Single Tenant Free‑Standing Jimmy John's with Drive Thru
    Situated on the Hard Corner of Interstate 75 (Ashmun St.) & 13th Ave. in Sault Sainte Marie, MI
    High Traffic Counts - 21,100+ Vehicles Pass Site Daily on Interstate 75 (Ashmun St.)
    Neighboring National Tenants Include Walmart Supercenter, Rite Aid, Walgreens, and Many More
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    KFC Drive-Thru NNN Investment
    KFC Drive-Thru NNN Investment

    Sault Sainte Marie, MI 49783

    $2,160,000
    3,106 sqft

    Absolute NNN leased KFC drive-thru with fee simple ownership and 10 years remaining on the current term.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Turnkey Restaurant with Updated Kitchen
    Turnkey Restaurant with Updated Kitchen

    Sault Sainte Marie, MI 49783

    Contact for pricing

    Restaurant space in excellent condition with recently updated equipment and an addition expanding cook area, bathrooms, and office.

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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.

    Turn-Key Restaurant with Liquor License
    Turn-Key Restaurant with Liquor License

    7515 S US 31 Highway, Alanson, MI 49706

    $699,000
    5,317 sqft

    Turn-key restaurant near the Crooked River with bar, dining, upstairs living quarters, basement storage, and included liquor license.

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    Turn-Key Restaurant with Living Quarters
    Turn-Key Restaurant with Living Quarters

    7515 S U.S. 31 Highway, Alanson, MI 49706

    $699,000
    5,317 sqft

    Fully equipped restaurant with living space and expansion potential.

    View details
    Turnkey Bar and Restaurant Opportunity
    Turnkey Bar and Restaurant Opportunity

    220 N Main Street, Cheboygan, MI 49721

    $785,000

    Fully operational bar and restaurant for sale.

    View details
    Lodge with Restaurant and Bar
    Lodge with Restaurant and Bar

    10621 Twin Lakes Road, Cheboygan, MI 49721

    Contact for pricing

    Updated lodge rooms include a custom bar area, plus a full kitchen and dining spaces for gatherings.

    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.

    Downtown Specialty Commercial Property
    Downtown Specialty Commercial Property

    Sault Sainte Marie, MI 49783

    $400,000

    Commercial property overlooking the Soo Locks in downtown Sault Ste. Marie, listed in COMMERCIAL zoning.

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    Commercial Land in High Traffic Area
    Commercial Land in High Traffic Area

    10351 N Straits Highway, Cheboygan, MI 49721

    $147,500
    1.50 AC lot

    Commercial land in a high-traffic area with utilities available.

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    Commercial Land with Security Lease
    Commercial Land with Security Lease

    1518 & 1520 Bridge Street, Charlevoix, MI 49720

    $795,000
    2,900 sqft 1.50 AC lot

    Multiple parcels total 1.5 acres with frontage on three roads, currently leased to a security company.

    View details
    Vacant Commercial Buildable Parcel
    Vacant Commercial Buildable Parcel

    11758 - 2 US 31 Highway lot: Parcel E, Charlevoix, MI

    $175,000
    1.93 AC lot

    Build-ready commercial land on US 31 with shared curb cut and utility availability for planned development.

    View details

    Sault Sainte Marie, MI Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Sault Sainte Marie, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,306 square feet of properties for sale, with an estimated market value of $4,539,667.

    Sale prices for restaurant properties in Sault Sainte Marie, MI start at $900,000, averaging $1,513,222, and reaching up to $2,160,000 — 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

    Conventional restaurants 2
    Drive through restaurants 2
    Bars & Pubs 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 $1.2M

    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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