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118 W Portage Ave 0.5 Acres of Commercial Land Offered at $2,490,480 CAD in Sault Sainte Marie, MI 49783
Investment Highlights
- 0.5-acre commercial lot overlooking the Soo Locks and international shipping channels.
- Zoned B-1 Business District offering versatility for retail, hospitality, or service-oriented projects.
- Positioned for strong cross-border commerce with immediate proximity to Canadian border gateway.
- Situated in downtown Sault Sainte Marie near retail, dining, and lodging attractions.
- Rare waterfront-adjacent location with visibility to heavy tourist and local traffic.
- Infrastructure and utilities available to support new development initiatives.
Executive Summary
118 W Portage Avenue offers a premier 0.5-acre commercial lot positioned in the heart of downtown Sault Sainte Marie, directly overlooking the world-renowned Soo Locks and international shipping channels. This rare property combines waterfront visibility with unmatched access to one of Michigan’s busiest tourist destinations, creating an exceptional opportunity for retail, hospitality, or mixed-use development.
Located on the northeastern tip of Michigan’s Upper Peninsula, Sault Sainte Marie serves as a gateway between the U.S. and Canada, attracting steady visitor flows year-round. Surrounded by established restaurants, local boutiques, and lodging facilities, the site is well-suited to capitalize on both regional traffic and international tourism. With public infrastructure and utilities in place and zoning that supports multiple commercial uses, the property presents developers and investors with flexibility to deliver a high-impact project in a strategic downtown location.
Located on the northeastern tip of Michigan’s Upper Peninsula, Sault Sainte Marie serves as a gateway between the U.S. and Canada, attracting steady visitor flows year-round. Surrounded by established restaurants, local boutiques, and lodging facilities, the site is well-suited to capitalize on both regional traffic and international tourism. With public infrastructure and utilities in place and zoning that supports multiple commercial uses, the property presents developers and investors with flexibility to deliver a high-impact project in a strategic downtown location.
Property Facts
| Price | $2,490,480 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.50 AC |
| Property Type | Land | ||
| Zoning | Commercial - Commercial Zoned District | ||
| Price | $2,490,480 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.50 AC |
| Zoning | Commercial - Commercial Zoned District |
1 Lot Available
Lot
| Price | $2,490,480 CAD | Lot Size | 0.50 AC |
| Price Per AC | $4,980,959.99 CAD |
| Price | $2,490,480 CAD |
| Price Per AC | $4,980,959.99 CAD |
| Lot Size | 0.50 AC |
Description
118 W Portage Avenue is a 0.5-acre commercial parcel located in downtown Sault Sainte Marie, MI. The lot is fronting Portage Avenue with direct views of the Soo Locks and St. Mary’s River. The surrounding area includes retail establishments, restaurants, and hospitality operations serving visitors and locals. Zoned B-1 Business District, the property allows for a range of commercial uses.
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 051-143-154-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $65,291 CAD |
Property Taxes
Parcel Number
051-143-154-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$65,291 CAD
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118 W Portage Ave
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