FOR SALE
$450,000
6,450 SqFt 1.08 Acres

21-Unit Hospitality Property Sault Sainte Marie, MI

1707 Ashmun St, Sault Sainte Marie, Michigan 49783-2804 | Chippewa County


Property Details

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 Features

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

Property Details

Street Address:

  1707 Ashmun St

City:

  Sault Sainte Marie

State:

  Michigan

Postal Code:

  49783-2804

Country:

  United States

County:

  Chippewa

Listing ID:

  21023-026240