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    402 Ashmun St Sault Sainte Marie, MI 49783

    For Lease
    $650 /Mo

    Leasehold - Sault Ste Marie, MI

    Days on Market:
    341
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 402 Ashmun St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    051-142-143-00
    Parking features
    Offsite

    Building Details

    Number of units
    1
    Building materials
    Brick
    Architectural style
    Other

    Five Water Realty

    Listing agent Shelly Morley (906) 226-7300 License #6505431232

    Listing date Jan 8, 2025

    MLS# 25-17 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

    Versatile Office Space For Lease

    Suite 1 at 402 Ashmun Street offers a versatile upstairs office space suitable for various professional needs. The suite includes a large waiting area that can be adapted into a welcoming reception or collaborative workspace. A private office is also available, suitable for focused work or storage. The layout is designed to suit businesses seeking an efficient and professional environment. This office space is located in a prime area with easy access, providing a comfortable and practical setting for operations in Sault Ste Marie, MI. The property is located in CHIPPEWA County and has 0 square feet of living area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -84.3471
    Latitude
    46.498408

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    FAQs

    What type of property is this?
    Office space - Upstairs office suite with adaptable layout in a prime location.
    Where is this office space located?
    The property is located at 402 Ashmun St Sault Sainte Marie, MI.
    What are key features of this property?
    This property features: - Prime location with easy access; - Versatile space adaptable to various business needs; - Spacious suite with large waiting area convertible to reception/workspace
    (906) 226-7300
    Request Owner's contact information
    402 Ashmun 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
    402 Ashmun St Sault Sainte Marie, MI 49783
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