227 W PORTAGE AVE, Sault Ste Marie, MI 49783 (MLS# 25-617)

227 W PORTAGE AVE, Sault Ste Marie, MI 49783

$990,000

Property Type: Commercial Square Footage: 3,200 Status: Active

Current Price: $990,000 List Date: 7/08/2025 Last Modified: 2/11/2026

Overview

Description

Now is your chance to be the proud new owner of one of the city's most Iconic family-owned bars, Moloney's Alley! Location, sales, a stellar reputation for great food and cocktails with 20 beers on tap. This sale comes turnkey. Everything is included in this bar/restaurant for a seamless transition to new ownership! - Moloney's has plenty of bar seating, a huge dining room, sidewalk cafe seating and a back lot that can be cordoned off for outside events. This local staple sits in the heart of Sault Ste Marie, MI. Located on West Portage Ave. Across the street from the locks, within walking distance of several hotels and bustling downtown attractions. Extremely well established with over 30 years in business, still going strong!

Listing Details MLS# 25-617

Contract Information

For Sale or Rent: Sale

Property Information

Type: Business
Realtor.com Type: Commercial
Present Use: Restaurant
Possible Use: Restaurant
Building SqFt: 3001 - 4000
Age: 50+
Waterfront: No
User Defined 15: No
# Parking Spaces: 5
Total SqFt.: 3200
Lot Dimensions: 40X150
What's Included: See List
Duplicate: No

Location Tax and Legal

Area: 11 - Sault Ste. Marie (West)
Unit #/St #/Space #: 227
Street Direction Pfx: W
Street Name: PORTAGE
Street Suffix: AVE
State: MI
Zip Code: 49783
County: CHIPPEWA
Tax ID: 051-141-003-00

Directions and Remarks

Directions: DRIVE NORTH ON ASHMUN STREET. GO THROUGH TOWN AND TURN LEFT ON PORTAGE. MOLONEY'S IS A BLOCK DOWN ACROSS FROM THE HISTORIC OJIBWAY HOTEL
Hot Sheet Comment: new

Location, Tax and Legal

School District: Sault Ste Marie
Special Assessment: N
Homestead Y/N: No

Basement

Block: Yes
Full Basement: Yes
Partial Finished: Yes
Stone Foundation: Yes

More Information

Extras

Elevator: Yes
Furnished: Yes
Handicap Access: Yes
High Traffic Locatn: Yes
Kitchen Area: Yes
Lounge/Bar: Yes
Restaurant: Yes
Storage: Yes

Construction

Masonry: Yes
Mixed: Yes
Wood Frame: Yes

Exterior Finish

Brick: Yes
Mixed: Yes
Stone: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Cooling

Central Air: Yes

Documents on File

Business License: Yes
Furn & Fix List: Yes
Inventory: Yes
Financials: Yes
Liquor License: Yes

Water

Public: Yes

Drive

Black Top: Yes

Sewer

City: Yes

Parking

1 - 10 Spaces: Yes
Parking Lot: Yes
Street Parking: Yes

Possession

At Closing: Yes
Negotiable: Yes

Road Surface

Black Top: Yes

Roof

Rubber: Yes

Terms

Cash: Yes
Conventional: Yes

Showing Instructions

24 Hr Notice: Yes
Appt. Only: Yes
See Private Remarks: Yes

Property Features

Basement: Block; Full Basement; Partial Finished; Stone Foundation Construction: Masonry; Mixed; Wood Frame Exterior Finish: Brick; Mixed; Stone Cooling: Central Air Documents on File: Business License; Furn & Fix List; Financials; Inventory; Liquor License Drive: Black Top Extras: Elevator; Furnished; Handicap Access; High Traffic Locatn; Kitchen Area; Lounge/Bar; Restaurant; Storage Heating: Forced Air; Natural Gas Parking: 1 - 10 Spaces; Parking Lot; Street Parking Possession: At Closing; Negotiable Road Surface: Black Top Roof: Rubber Water: Public Showing Instructions: 24 Hr Notice; Appt. Only; See Private Remarks Terms: Cash; Conventional

Documents

FIXURE EQUIPTMENT UPDATES LIST ›

Listing Office: Five Water Realty

Listing Agent: Jim Jorgensen

Last Updated: February - 11 - 2026

Information deemed reliable but not guaranteed.

227 W PORTAGE AVE, Sault Ste Marie, MI 49783 (MLS# 25-617)