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    105 W Water St Sault Sainte Marie, MI 49783

    For Lease
    $1.00 SF/Yr

    Leasehold - Sault Ste Marie, MI

    Property size:
    415 SF
    Days on Market:
    157
    Last Refresh:
    Dec 12 at 10:06 am

    Property Features for 105 W Water St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    Pt. Of 051-143-160-00
    Parking features
    Assigned, Parking Lot
    Interior features
    Restroom
    Exterior features
    High Traffic Location, Landscaped, View
    Size
    415 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Number of units
    1
    Architectural style
    Other

    Real Estate One Northern Properties (248) 802-0949

    Listing agent John Anderson, Assoc Broker (248) 802-0949 License #6502431999

    Listing date Jul 9, 2025

    MLS# 25-628 Listing URL

    Copyright © 2025 Eastern Upper Peninsula Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sault Ste Marie Office Space

    This property features four office spaces within a modern building situated at the corner of Ashmun and Water Street, directly across from the Army Corp of Engineers and the Locks project. The unit, comprising 415 square feet, has a separate entrance and dedicated parking spaces. The lease includes electric and heat, with access to a shared restroom. A pocket door separates the unit from the rest of the offices. The tenant is responsible for their own phone and internet services. The property is located in Sault Ste Marie, MI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sault Sainte Marie
    County
    Chippewa
    State
    Michigan
    Longitude
    -84.346237
    Latitude
    46.501215

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      Retail space available for lease in Sault Ste Marie, MI.
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      Sault Ste Marie Leasehold Space

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      Versatile Office Space For Lease

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    FAQs

    What type of property is this?
    Office space - Four office spaces in modern building near Army Corp.
    Where is this office space located?
    The property is located at 105 W Water St Sault Sainte Marie, MI.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location directly across from Army Corp of Engineers and Locks project; - Includes electric and heat; - Dedicated parking
    (248) 802-0949
    Request Owner's contact information
    105 W Water St Sault Sainte Marie, MI 49783
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    105 W Water St Sault Sainte Marie, MI 49783
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