506/508 E Portage Ave, Sault Ste Marie, MI 49783
Local realty services provided by:CENTURY 21 Advantage Plus
506/508 E Portage Ave,Sault Ste Marie, MI 49783
$449,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kristina thibault
Office: re/max northstar realty
MLS#:26-464
Source:MI_EUPBR
Price summary
- Price:$449,000
About this home
Exceptional investment opportunity in Sault Ste. Marie's Tourist District. Located directly across from the Valley Camp Museum Ship and Soo Locks Boat Tours, these two properties offer outstanding freighter views and year-round tourist traffic. Each building offers over 2,500 square feet and exceptional flexibility. One building currently provides excellent rental income and was previously utilized as commercial space. While currently used as apartments, the lower-level features storefront windows, handicap accessibility, and could be used for retail, office, salon, etc. The second building is currently single family, but was previously configured as multiple rental units, and could easily be converted back. Perfect for long-term rentals, Airbnb/VRBO, or future redevelopment opportunities! This unique package offers exceptional versatility for investors, business owners, and entrepreneurs alike. The combination of established rental income, mixed-use potential, and a prime location along one of the Soo's busiest tourist corridors creates numerous possibilities. Operate a business on-site while generating rental income, expand your investment portfolio with long-term or short-term rentals, or explore future redevelopment opportunities permitted by the Tourist zoning designation. Located along the waterfront tourism route with direct views of passing freighters and easy access to local attractions, this property offers a rare combination of income, visibility, flexibility, and future potential....
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Home facts
- Listing ID #:26-464
- Added:48 day(s) ago
- Updated:July 10, 2026 at 03:19 PM
Rooms and interior
- Basement Description:Sump Pump
Structure and exterior
- Construction Materials:Vinyl Siding, Wood Siding
Finances and disclosures
- Price:$449,000
- Tax amount:$4,102
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