Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3396 Business Spur Sault Sainte Marie, MI

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,995,000

    Big Lots retail property for sale in Sault Ste. Marie.

    Property size:
    33,250 SF
    Lot size:
    2.73 Acres

    Property Features for 3396 Business Spur

    General Information

    Size
    33,250 SF
    Lot size
    2.73 Acres

    Source: Trinity Real Estate Investment Services - Corporate Agent Kyle Boliver

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Big Lots Retail Investment Opportunity

    This retail property in Sault Ste. Marie, MI, is an upgraded construction occupied by Big Lots. The tenant has been operating at this location since 2002. The lease is structured as NN, with the landlord responsible for the parking lot, roof, and structure. The property is situated in a dense retail corridor with various big box tenants and apartments within 2 miles, generating additional customer traffic. Located along I-75, the site benefits from a strong traffic volume of 15,500 vehicles per day. The surrounding area has healthy demographics, with over 15,800 residents within a 5-mile radius. Sault Ste. Marie is the second-most populated city in the Upper Peninsula. The property encompasses 33,250 square feet.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

    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
    -84.3453169
    Latitude
    46.4952996

    Nearby Similar for Sale

    • $1,250,000
      9,959 SF

      Boutique Motel Business Opportunity

      Turn-key, renovated motel business with income and growth potential.
      1602 Ashmun St, Sault Sainte Marie, MI 49783
      View Details
    • $245,000
      4,502 SF

      Downtown Sault Ste Marie Commercial Building

      High-visibility 5,000 sq ft commercial space in downtown Sault Ste Marie.
      816 Ashmun St, Sault Sainte Marie, MI 49783
      View Details
    • $615,000
      4,000 SF

      Upgraded Office Space Ready

      Move-in ready, upgraded office space, formerly a medical office.
      558 Ashmun St, Sault Sainte Marie, MI 49783
      View Details
    • $145,000
      1.34 Acres

      Waterfront Lot on St. Mary's

      Partially wooded 1.34-acre waterfront lot with power available.
      4593 S Nicolet Rd, Sault Sainte Marie, MI 49783
      View Details
    • $150,000
      1,520 SF

      Kincheloe Commercial Building For Sale

      Multipurpose commercial building in excellent condition with numerous business possibilities.
      16815 S Meehan St, Kincheloe, MI 49788
      View Details
    • $749,900

      Downtown Sault Ste Marie Investment

      Commercial property overlooking Soo Locks with great investment potential.
      119 W Water St, Sault Sainte Marie, MI 49783
      View Details

    FAQs

    What type of property is this?
    Retail space - Big Lots retail property for sale in Sault Ste. Marie.
    Where is this retail space located?
    The property is located at 3396 Business Spur Sault Sainte Marie, MI.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - Long-term tenant (Big Lots) operating at the current location since 2002.; - NN Lease with minimal landlord responsibilities (parking lot, roof, and structure).; - Upgraded construction.
    (940) 395-2353
    Request Owner's contact information
    3396 Business Spur Sault Sainte Marie, MI
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3396 Business Spur
    Sault Sainte Marie, MI
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3396 Business Spur Sault Sainte Marie, MI
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.