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Keller Williams

506 E Portage AVE, Sault Ste Marie, MI 49783

$199,000
Property Type: MultiFamily Square Footage: 2,580 Status: Active
Current Price: $199,000 List Date: 7/12/2026 Last Modified: 7/24/2026

Overview

Description

Motivated Seller! Prime Tourist-zoned opportunity in the heart of Sault Ste. Marie's tourist corridor, overlooking the St. Mary's River, passing freighters, the Valley Camp Museum Ship, and Soo Locks Boat Tours. This versatile 2,500 sq. ft. property offers endless possibilities. The upper level features a spacious 2-bedroom, 1-bath apartment with a large living and dining room. The lower level is currently a studio-style living space with large storefront windows, making it ideal for a boutique, salon, office, gallery, or a live-above-your-business lifestyle. Full basement and on-site parking complete this unique property. Also available for purchase with the neighboring property at 508 E. Portage Avenue. See separate MLS listing for package opportunity.

Listing Details MLS# 26-656

Contract Information

For Sale or Rent
For Sale

Property Information

Type
Duplex
Realtor.com Type
Multi-Family
Garage
No
Basement
Yes
Utilities
Other
Number of Units
2
Total SqFt.
2580
Source of sq. ft.
Other
Total finished sq ft
2580
Abv grade fin sq ft
2580
Blw grde unfin sq ft
1290
Water View
Yes
Lake/Rvr/Creek/Strm
St. Mary's River
Year Built
1920
Parking
Yes
Duplicate
No
Blw grade fin sq ft
0

Location Tax and Legal

Area
12 - Sault Ste. Marie (East)
Unit #/St #/Space #
506
Street Direction Pfx
E
Street Name
Portage
Street Suffix
AVE
State
MI
Zip Code
49783
County
CHIPPEWA

Directions and Remarks

Directions
Located on East Portage Ave just East of Johnston. Across the street from the Valley Camp Museum and Soo Locks Boat Tours.
Hot Sheet Comment
new

Annual Income

Total Gross
2500

Unit 1

# Bedrooms
15
# Baths
Yes
Rent
1000
Aprox SqFt
1290
Location
Yes
Occupied
Yes
Appliances Incl
All
Rooms
3

More Information

Unit 2

Rooms
5
# Bedrooms
2
# Baths
Yes
Rent
1500
Aprox SqFt
1290
Location
2
Occupied
Yes
Appliances Incl
All

Location, Tax and Legal

In City Limits
Yes
Zoning
Tourist
School District
Sault Ste Marie
Parcel ID
051-031-066-40
Homestead Y/N
No
Taxes
2400
Tax Year
2025

Construction

Frame
Yes

Documents on File

Seller's Disclosure
Yes

Possession

Closing
Yes

Occupancy

Tenant
Yes

Exterior

Wood
Yes

Util Pd By Owner

None
Yes

Showing Instructions

24 Hr Notice
Yes
Appointment Only
Yes

Utilities P/B Renter

Gas
Yes
Electricity
Yes
Water
Yes

Water & Sewer

Public Sewer
Yes
Public Water
Yes

Number of Stories

Two
Yes

U1 Features

Drapes
Yes
Pvt Outside Entrance
Yes
Private Bath
Yes

U2 Features

Carpet
Yes
Drapes
Yes
Pvt Outside Entrance
Yes
Private Bath
Yes

Property Features

Documents on File: Seller's Disclosure Occupancy: Tenant Construction: Frame Exterior: Wood Util Pd By Owner: None Number of Stories: Two Possession: Closing U1 Features: Drapes; Pvt Outside Entrance; Private Bath U2 Features: Carpet; Drapes; Pvt Outside Entrance; Private Bath Showing Instructions: 24 Hr Notice; Appointment Only

Documents

Listing Office: RE/MAX NorthStar Realty
Listing Agent: Kristina Thibault
Last Updated: July - 24 - 2026
Information deemed reliable but not guaranteed.