FOR SALE
$350,000
5,293 SqFt 0.32 Acres

13-Unit Hospitality Property in Sault Ste Marie

1712 Ashmun St, Sault Sainte Marie, Michigan 49783-2805 | Chippewa County


Property Details

Located on a high-visibility corridor in the heart of Sault Ste. Marie, this 13-unit hospitality property, inclusive of an attached single-family residence, offers unmatched value at just ~$27k per unit and ~$66 per square foot. The $3.22 billion Soo Locks expansion project brings an influx of construction workers, engineers, contractors, and government personnel to the area through at least 2030, while long-term rental demand is already strong thanks to very low supply and proximity to Lake Superior State University. At $350,000, this asset is priced to move and offers a clear path to immediate cash flow with multiple exit strategies for investors, developers, and owner/operators alike. One of the owners is a licensed realtor and this property may be bought as a package with 1707 Ashmun.

Property Features

  • Jeff Lipple MI Realtor
  • Commercial Property
  • Call Jeff (248) 930-4922

Property Details

Street Address:

  1712 Ashmun St

City:

  Sault Sainte Marie

State:

  Michigan

Postal Code:

  49783-2805

Country:

  United States

County:

  Chippewa

Listing ID:

  21023-026541