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

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    Brimley, MI Kinross, MI Barbeau, MI
    Turnkey Bar and Restaurant
    $900,000
    3,200 SF
    Turnkey Bar and Restaurant

    Sault Sainte Marie, MI 49783

    Turnkey bar-and-restaurant operation with dining room, sidewalk cafe seating, and back lot for events.
    • 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
    Updated: May 5
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    Freestanding Jimmy John's with Drive-Thru
    $1,479,667
    2,000 SF
    Freestanding Jimmy John's with Drive-Thru

    2200 Ashmun St, Sault Sainte Marie, MI 49783

    Single tenant Jimmy John's with drive-thru in Sault Sainte Marie.
    • 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
    Updated: Mar 5
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Flexible Single-Story Commercial Building
    $250,000
    6,431 SF
    Flexible Single-Story Commercial Building

    Single-floor building with large front windows, multiple office and open areas, and a drive-thru window plus on-site parking.

    11256 W Main St, Rudyard, MI 49780

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    Turnkey Bistro and Grab-and-Go Retail
    $257,300
    2,950 SF
    Turnkey Bistro and Grab-and-Go Retail

    Turnkey bistro with updated indoor and outdoor seating and added retail refrigeration for grab-and-go items.

    168 S Ontario St, De Tour Village, MI 49725

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    Turnkey Bar and Restaurant
    $349,000
    Turnkey Bar and Restaurant

    Remodeled bar and restaurant with fully equipped kitchen and outdoor licensed areas, including a horseshoe pit arena.

    18794 S Tilson Rd, Rudyard, MI 49780

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    Established Restaurant & Saloon For Sale
    $215,000
    2,187 SF
    Established Restaurant & Saloon For Sale

    Turnkey restaurant and saloon with real estate and liquor license.

    410 Ontario Street, De Tour Village, MI 49725

    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.

    Commercial Land Overlooking Soo Locks
    $400,000
    Commercial Land Overlooking Soo Locks

    Commercial property with investment potential in downtown Sault Ste Marie.

    Sault Sainte Marie, MI 49783

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    Commercial Land in High Traffic Area
    $147,500
    1.50 Acres
    Commercial Land in High Traffic Area

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

    10351 N Straits Highway, Cheboygan, MI 49721

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    Manistique Commercial Land For Sale
    $350,000
    14.34 Acres
    Manistique Commercial Land For Sale

    Vacant land with highway frontage near Lake Michigan.

    6838 W US2 Highway, Manistique, MI 49854

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    Commercial Land on Highway 2
    $450,000
    0.97 Acres
    Commercial Land on Highway 2

    Prime vacant lot in high-traffic commercial area.

    737 E Lakeshore Drive, Manistique, MI 49854

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    Sault Sainte Marie, MI Restaurants Investment Opportunities Market Analysis

    Explore 2 restaurants for sale in Sault Sainte Marie, MI on our real estate platform. These investment opportunities span a total of 5,200 square feet of properties for sale, with an estimated market value of $2,379,667.

    Sale prices for restaurant properties in Sault Sainte Marie, MI start at $900,000, averaging $1,189,833, and reaching up to $1,479,667 — 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

    Bars & Pubs 1
    Conventional restaurants 1
    Drive through restaurants 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 median 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

    Total CRE Area on Market Trend

    Average Price per SF — Retail

    Average Price per SF — Office

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