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Mixed-Use Salon and Apartments
For Sale
$510,000

548 Ashmun St, Sault Sainte Marie, MI 49783

COMMERCIAL - Sault Ste Marie, MI

Property Size4,942 SF
Price / SF$103.20
Days on Market143

Property Features for 548 Ashmun St

General Information

Property type Commercial Sale
Property subtype Other
Zoning B2
Subdivision 25x166
Standard status Active
Size 4,942 SF

Taxes and HOA fees

Tax Year 25
Listing Agency: Real Estate One Northern Properties
Listed By: John Anderson, Assoc Broker · License #6502431999
Added: Mar 12 Changed: Jun 3 Last Checked: Aug 1 at 6:06PM
MLS# 26-63

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This mixed-use property includes an established salon on the main floor plus two apartments upstairs. The salon layout features a bright, open setting with seating for 8 chairs and space that supports 9 stylists, along with a massage therapy area and reception space. The building also offers upstairs residential units, with one described as a modern two-bedroom, one-bath apartment including exposed brick, granite countertops, and soaring ceilings.

Located at 548 Ashmun St in Sault Ste. Marie, the property sits on Ashmun Street in a pedestrian-friendly district. Public remarks note it is across from the Small Mall, steps from the Soo Theatre, near a large parking garage, and neighboring MyMichigan Medical Center.

For tenants or buyers seeking a business-and-residential arrangement, the existing salon configuration provides a turnkey foundation for spa and wellness services, with room for added specialties based on the current layout. The upstairs apartments can support an owner-operator model or provide separate residential income within the same building. The property is listed in B2 zoning, supporting a mixed-use orientation in this area.

Key Highlights

  • Mixed‑use commercial building with a 2,375 SF main floor salon
  • Salon setup includes 8 chairs and 9 stylists, plus massage therapy and reception areas
  • Two apartments upstairs, including a modern two‑bedroom, one‑bath unit with exposed brick and granite countertops

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Kitchen & Bath Showroom Auto Parts Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

936
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49783, MI

18,690
Population
9,388
Households
2
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
148.7 sq mi
ZIP Area
126
Density / Sq Mi
$59,847
Median Household Income
$31,334
Median Earnings
$782
Median Rent
$146,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • The Journey Matters — 545 Ashmun St, Sault Ste. Marie, MI 49783

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Established salon on the main floor with two upstairs apartments, offering a combined live-and-work setup in a B2-zoned building.
Where is this spa & wellness property located?
The property is located at 548 Ashmun St Sault Sainte Marie, MI.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Mixed‑use commercial building with a 2,375 SF main floor salon; Salon setup includes 8 chairs and 9 stylists, plus massage therapy and reception areas; Two apartments upstairs, including a modern two‑bedroom, one‑bath unit with exposed brick and granite countertops
More about this property
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