Property Description
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 ~$69 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 longterm
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.
PROPERTY HIGHLIGHTS:
| Jeff Lipple MI Realtor | ||||
| Commercial Property | ||||
