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About This Home
This 0-bedroom, 0-bathroom commercial at 1707 Ashmun ST in Sault Ste Marie, MI is listed for $450,000 ($70 per sqft). the home offers 6,450 sqft of living space on a N/A lot.
Located on a high-visibility corridor in the heart of Sault Ste. Marie, this 21-unit hospitality property offers unmatched value at just ~$21,400 per unit and ~$70 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 20
30, while long-term rental demand is already strong thanks to very low supply and proximity to Lake Superior State University. At $450,000, 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. A new flat roof was just installed and ongoing renovations are being done daily. This property may be bought as a package with 1712 Ashmun.
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1707 Ashmun ST
Sault Ste Marie, MI 49783
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1707 Ashmun ST is listed at $450,000 ($70/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
This property is listed by Jeffrey Lipple and can be reached at 2489304922 or jeffl@mwlsp.com.
