Use Command R or Command Return to open Finder with the file selected in it's native location.
In finder itself you can use Column view to help visualise the location and/or show the status bar
Command by itself whilst the file is highlighted in the spotlight results will display the path beneath the preview, but in practice it does not have space to display the full path, so is sort of useful as a chocolate teapot!
"Get Info" as mentioned above is also available but it's not as easy to find as hinted there (assuming that we are talking about a spotlight results list). You need to use the keyboard shortcut Command i whilst the file is highlighted in the spotlight results to bring up the info window. Selecting Show All in finder at the bottom of the spotlight search list will list all file results together in a finder window from there all of the normal ways of calling up Get Info work.
edited to add column view/status bar paragraph, and to clarify the various ways of getting to Get Info.
Edited by x64, 03 July 2017 - 01:54 PM.