none
  • 0.32 ac
  • 5,293.00 ft2

13-Unit Hospitality Property in Sault Ste Marie

$350,000
1712 Ashmun St, Sault Sainte Marie, Michigan (Chippewa County)

Property Description

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 HIGHLIGHTS:

Jeff Lipple MI Realtor
Commercial Property

Address: 1712 Ashmun St
Area:
State/County:
Zip: 49783-2805
Country: United States

Property Id: 216786
Price: $350,000
Property Size: 5,293.00 ft2
Property Lot Size: 0.32 ac
County: Chippewa County
Lot Size (AC): 0.32000
Year Built: N/A
Listing ID: 21023-026541
Office ID: 5065
Listing Address: 1712 Ashmun St, Sault Sainte Marie, Michigan 49783-2805

Other Features
Airport
Appliance
Basement
Central Air
Community Activities
Cul de Sac
Deck
Energy Efficient
Fence
Finished Basement
Fireplace
Gated
Guest House
Gym/Fitness Center
Handicapped Accessible
Hospital
Hot tub
Large Kitchen
Maintenance Provided
Mineral Rights
New Appliances
Outbuildings
Park
Parking
Patio
Pool
Restaurants/Shopping
Room
School
Security System
Security System/Alarm
Sewer
Sprinkler System
Storage
Storm Shelter/Cellar
View
Water Access
Water Rights

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Jeff Lipple

Hamele Realty LLC (Main) - Midwest Lifestyle Properties
Call Office(608) 399-1013
Call Mobile(248) 930-4922

Contact Me

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Jeff Lipple