{"id":452682,"date":"2026-04-10T04:28:23","date_gmt":"2026-04-10T09:28:23","guid":{"rendered":"https:\/\/homeslandcountrypropertyforsale.com\/investment-properties\/properties\/commercial-property-sault-ste-marie-mi-for-sale\/"},"modified":"2026-04-10T04:28:24","modified_gmt":"2026-04-10T09:28:24","slug":"119-w-water-street","status":"publish","type":"estate_property","link":"https:\/\/homeslandcountrypropertyforsale.com\/investment-properties\/real-estate-listings\/119-w-water-street\/","title":{"rendered":"Prime Commercial Parking Lot Overlooking the Soo Locks &#8211; Michigan"},"content":{"rendered":"<p><!--StartFragment--><\/p>\n<p data-start=\"233\" data-end=\"335\"><span style=\"font-size: 0.875rem;\">Rare investment opportunity in the heart of Downtown Sault Ste. Marie, Michigan. This prime commercial <\/span><strong data-start=\"440\" data-end=\"486\" style=\"font-size: 0.875rem;\">parking lot located at 119 W. Water Street<\/strong><span style=\"font-size: 0.875rem;\"> overlooks the world-famous Soo Locks, one of the Upper Peninsula\u2019s most visited attractions, offering exceptional visibility and steady traffic from tourists, locals, and nearby businesses.<\/span><\/p>\n<p data-start=\"678\" data-end=\"1118\">Positioned in a high-demand waterfront and downtown corridor, this property presents an outstanding opportunity for investors seeking income-producing potential or future commercial development in a highly desirable location. With thousands of visitors coming to the Soo Locks each year, parking in this area is consistently needed, making this an attractive option for paid public parking, private business use, or long-term redevelopment.<\/p>\n<h2>Why This Parking Lot Is a Strong Investment<\/h2>\n<ul data-start=\"1168\" data-end=\"1894\">\n<li data-section-id=\"77b126\" data-start=\"1168\" data-end=\"1298\">\n<strong data-start=\"1170\" data-end=\"1203\">High-Traffic Tourist Location<\/strong> \u2013 Overlooks the Soo Locks, drawing steady visitor activity and year-round demand for parking\n<\/li>\n<li data-section-id=\"1lgn5hx\" data-start=\"1299\" data-end=\"1420\">\n<strong data-start=\"1301\" data-end=\"1331\">Income-Producing Potential<\/strong> \u2013 Ideal for paid parking, leased parking spaces, or event and seasonal parking revenue\n<\/li>\n<li data-section-id=\"4c2hwi\" data-start=\"1421\" data-end=\"1542\">\n<strong data-start=\"1423\" data-end=\"1461\">Prime Downtown Waterfront Location<\/strong> \u2013 Surrounded by shops, restaurants, and attractions that increase daily demand\n<\/li>\n<li data-section-id=\"mirojk\" data-start=\"1543\" data-end=\"1673\">\n<strong data-start=\"1545\" data-end=\"1579\">Future Development Opportunity<\/strong> \u2013 Excellent site for future commercial or mixed-use development in a growing tourism market\n<\/li>\n<li data-section-id=\"zwno27\" data-start=\"1674\" data-end=\"1777\">\n<strong data-start=\"1676\" data-end=\"1717\">Limited Downtown Parking Availability<\/strong> \u2013 Creates long-term value and strong investment stability\n<\/li>\n<li data-section-id=\"1hylnhz\" data-start=\"1778\" data-end=\"1894\">\n<strong data-start=\"1780\" data-end=\"1832\">Close to International Bridge &#038; St. Mary\u2019s River<\/strong> \u2013 Benefits from cross-border travel and heavy visitor traffic\n<\/li>\n<\/ul>\n<h2>Sault Ste. Marie, Michigan \u2013 A Tourism &#038; Business Hub<\/h2>\n<p data-start=\"1954\" data-end=\"2389\">Located in Chippewa County, Sault Ste. Marie is a key gateway between the United States and Canada and one of Michigan\u2019s most historic cities. The Soo Locks and waterfront district attract thousands of visitors annually, supporting a strong local economy driven by tourism, shipping, and small businesses. Downtown properties with Soo Locks views and parking access are limited, making this a unique and valuable commercial investment.<\/p>\n<p data-start=\"2391\" data-end=\"2667\">Whether you&#8217;re looking to generate parking income, secure land in a prime tourist destination, or hold a strategic commercial property for future development, this Soo Locks overlooking parking lot offers exceptional potential in one of Michigan\u2019s most recognizable locations.<\/p>\n<p data-start=\"2669\" data-end=\"2799\"><strong data-start=\"2669\" data-end=\"2799\">Contact us today for more information on this prime commercial parking lot at 119 W. Water Street, Sault Ste. Marie, MI 49783.<\/strong><\/p>\n<p><!--EndFragment--><\/p>\n<p><!--Features--><\/p>\n<div style=\"width: 1000px;\">\n<p><strong>PROPERTY HIGHLIGHTS:<\/strong><\/p>\n<table class=\"prop_table\" style=\"width: 1000px; ,border: 0px #fff;\">\n<tbody>\n<tr>\n<td><i class=\"fa fa-check\"> <\/i>Commercial Property for Sale<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Commercial and Tourist Base<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Investment Property for Sale<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Land for Sale<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><i class=\"fa fa-check\"> <\/i>Sault Ste. Marie Comm. Prop<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Soo Locks, Sault Ste. Marie MI<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Sault Ste. Marie,Chippewa Cty<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Investment &#038; Income<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><i class=\"fa fa-check\"> <\/i>Income Propery for Sale<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Sault Ste. Marie Michigan<\/td>\n<td><i class=\"fa fa-check\"> <\/i>Commercial Property<\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rare investment opportunity in the heart of Downtown Sault Ste. Marie, Michigan. This prime commercial parking lot located at 119 W. Water Street overlooks the world-famous Soo Locks, one of the Upper Peninsula\u2019s most visited attractions, offering exceptional visibility and steady traffic from tourists, locals, and nearby businesses. Positioned in a high-demand waterfront and downtown corridor, this property presents an outstanding opportunity for investors &#8230;<\/p>\n","protected":false},"featured_media":564670,"comment_status":"closed","ping_status":"closed","template":"","property_category":[8687],"property_action_category":[8851],"property_city":[889],"property_area":[9522],"property_county_state":[54],"property_features":[],"property_status":[7427],"class_list":["post-452682","estate_property","type-estate_property","status-publish","has-post-thumbnail","hentry","property_category-united-states","property_action_category-commercial","property_city-sault-sainte-marie","property_area-chippewa","property_county_state-michigan","property_status-active"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Prime Commercial Parking Lot Overlooking the Soo Locks - Michigan<\/title>\n<meta name=\"description\" content=\"Rare investment opportunity in the heart of Downtown Sault Ste. 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