Mixed-Use Building with
For Sale
$510,000
548 Ashmun St, Sault Sainte Marie, MI 49783
Commercial Sale, Sault Ste Marie, MI
Property Size4,942 SF
Lot Size0.10 Acres
Price / SF$103.20
Days on Market242
Property Features for 548 Ashmun St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B2
Exterior features
Employee, Furnished, Handicap Access, High Traffic Locatn, High Visibility, Kitchen Area, Laundry, Living Quarters, Manager On-Site, Restroom, Smoke Detectors, Storage, View, Window Coverings
Accessibility
Accessible Approach with Ramp
Elementary school district
Sault Ste Marie
Middle school district
Sault Ste Marie
High school district
Sault Ste Marie
Directions
Located diagonally from Sherwin Williams and The Small Mall on Ashmun Street, Ashmun across from Dawson St.
Subdivision
12 - Sault Ste. Marie (East)
Standard status
Active
APN
051-008-011-50
Size
4,942 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
25
Utilities
Heating system
Baseboard, Natural Gas, Electric (Heating), Hot Water(Heating), Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Building materials
Wood Frame, Mixed
Roof type
Flat, Rubber
Additional Structures
Storage
Listing Agency:
Real Estate One Northern Properties
(906) 240-4200
Listed By:
John Anderson, Assoc Broker
(248) 802-0949
Added: Feb 19
Changed: Oct 8
Last Checked: Oct 19 at 3:06PM
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.
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Investment Insights
Based on property information with market context.
This mixed-use property contains 4,942 square feet, including a 2,375-square-foot main floor configured as a salon with 8 chairs, a reception area, and a massage therapist. Two apartments sit on the upper floor. One is a two-bedroom, one-bathroom unit with exposed brick, granite countertops, and high ceilings; it is leased long term. The second apartment has a long-term month-to-month tenant. Basement storage is also included.
At 548 Ashmun St in Sault Ste. Marie, the property is across from the Small Mall, near the Soo Theatre and a parking garage, and neighboring MyMichigan Medical Center. The site is zoned B2 and occupies 0.0953 acres.
At 548 Ashmun St in Sault Ste. Marie, the property is across from the Small Mall, near the Soo Theatre and a parking garage, and neighboring MyMichigan Medical Center. The site is zoned B2 and occupies 0.0953 acres.
Key Highlights
- 4,942 square feet of mixed‑use space on a 0.0953‑acre lot
- 2,375 SF main‑floor salon with 8 chairs, a reception area, and a massage therapist
- Two upstairs apartments: one two‑bedroom, one‑bathroom unit and a second unit with a month‑to‑month tenant
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
943
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-floor salon occupies the commercial space, with two apartments above and storage in the basement.
Where is this mixed-use 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: 4,942 square feet of mixed‑use space on a 0.0953‑acre lot; 2,375 SF main‑floor salon with 8 chairs, a reception area, and a massage therapist; Two upstairs apartments: one two‑bedroom, one‑bathroom unit and a second unit with a month‑to‑month tenant
