Mixed-Use Building with Retail &
For Sale
$270,000
718 Ashmun St, Sault Sainte Marie, MI 49783
COMMERCIAL - Sault Ste Marie, MI
Property Size2,710 SF
Price / SF$99.63
Days on Market37
Property Features for 718 Ashmun St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial/B2
Subdivision
12 - Sault Ste. Marie (East)
Standard status
Active
Size
2,710 SF
Listing Agency:
Real Estate One Northern Properties
(906) 240-4200
Listed By:
John Anderson, Assoc Broker · License #6502431999
(248) 802-0949
Added: Jun 26
Last Checked: Aug 1 at 6:06PM
MLS# 26-43
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 mint-condition mixed-use property includes a modern, move-in-ready ground-level retail space and a completed second-level living unit. The retail area features prominent window frontage on Ashmun Street, a wide and deep floor plan, Pergola Outlast flooring, fresh paint, a kitchenette, a full bath with tile flooring, and additional storage.
Located at 718 Ashmun St in Sault Ste Marie, the property sits in a downtown setting and is described as being surrounded by popular eateries. It is also noted as being minutes from MyMichigan Hospital, the Soo Locks, and city and county offices.
The layout supports multiple business and operating uses, with the ground floor positioned for retail or service-oriented needs and the second level configured as a two-bedroom, one-bath short-term rental. The property is listed under Commercial/B2 zoning, offering flexibility for continued mixed-use operation based on how an owner chooses to market the ground-floor space and the furnished rental unit.
Located at 718 Ashmun St in Sault Ste Marie, the property sits in a downtown setting and is described as being surrounded by popular eateries. It is also noted as being minutes from MyMichigan Hospital, the Soo Locks, and city and county offices.
The layout supports multiple business and operating uses, with the ground floor positioned for retail or service-oriented needs and the second level configured as a two-bedroom, one-bath short-term rental. The property is listed under Commercial/B2 zoning, offering flexibility for continued mixed-use operation based on how an owner chooses to market the ground-floor space and the furnished rental unit.
Key Highlights
- Mixed‑use property with modern ground‑level retail space and a completed second‑level living space
- Ground‑level features Ashmun Street window frontage, wide and deep floor plan, and fresh paint
- Ground‑level includes a kitchenette, full bath with tile flooring, and additional storage
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Move-in-ready ground-floor retail with storefront frontage plus a completed two-bedroom short-term rental on the second level.
Where is this mixed-use property located?
The property is located at 718 Ashmun St Sault Sainte Marie, MI.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Mixed‑use property with modern ground‑level retail space and a completed second‑level living space; Ground‑level features Ashmun Street window frontage, wide and deep floor plan, and fresh paint; Ground‑level includes a kitchenette, full bath with tile flooring, and additional storage
