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About This Home
This 0-bedroom, 0-bathroom commercial at 1712 Ashmun ST in Sault Ste Marie, MI is listed for $350,000 ($66 per sqft). the home offers 5,293 sqft of living space on a N/A lot.
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 gover
nment 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.
Monthly Cost Estimate
$1,872/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1712 Ashmun ST
Sault Ste Marie, MI 49783
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1712 Ashmun ST is listed at $350,000 ($66/sqft). The estimated monthly payment is $1,517 based on 20% down at 6.5% interest.
Interior Features: Kitchen Area, Living Quarters, Storage. Exterior Features: High Visibility, High Traffic Location.
This property is listed by Jeffrey Lipple and can be reached at 2489304922 or jeffl@mwlsp.com.
