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Mixed-Use Property with Retail Frontage
For Sale
Under Contract
$270,000

718 Ashmun St, Sault Sainte Marie, MI 49783

Commercial Sale, Sault Ste Marie, MI

Property Size2,710 SF
Lot Size0.07 Acres
Price / SF$99.63
Days on Market212

Property Features for 718 Ashmun St

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial/B2
Exterior features High Traffic Locatn, High Visibility, Kitchen Area, Laundry, Restroom, Storage, View, Window Coverings
Elementary school district Sault Ste Marie
Middle school district Sault Ste Marie
High school district Sault Ste Marie
Directions West side of Ashmun across from downtown Domino's.
Subdivision 12 - Sault Ste. Marie (East)
Standard status Active Under Contract
APN 051-196-019-50
Size 2,710 SF
Lot size 0.07 Acres

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Amenities

Pergola Outlast flooring
fresh paint
kitchenette
full bath/tile floor
additional storage

Building Details

Building materials Masonry, Wood Frame
Roof type Rubber
Additional Structures Storage
Listing Agency: Real Estate One Northern Properties
Listed By: John Anderson, Assoc Broker · License #6502431999
Added: Feb 2 Changed: Aug 31 Last Checked: Sep 2 at 3:06PM
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 mixed-use property at 718 Ashmun St in Sault Ste Marie combines a commercial storefront with an upper-level residential component. The 2,710-square-foot building sits on 0.0726 acres and is zoned Commercial/B2.

The ground floor offers window frontage along Ashmun Street, a broad floor plan, Pergola Outlast flooring, fresh paint, a kitchenette, full bath with tile flooring, and additional storage. The second level contains a two-bedroom, one-bath short-term rental in completed condition. Additional property features include laundry, restroom facilities, masonry and wood-frame construction, rubber roofing, forced-air natural-gas heat, and public water. The property is near eateries, MyMichigan Hospital, the Soo Locks, and city and county offices.

Key Highlights

  • 2,710‑square‑foot mixed‑use building on 0.0726 acres
  • Commercial/B2 zoning
  • Ground‑level retail area with Ashmun Street window frontage

Property Analytics

Current Use

Storefront properties

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

971
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-level retail space pairs with an upstairs two-bedroom short-term rental.
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: 2,710‑square‑foot mixed‑use building on 0.0726 acres; Commercial/B2 zoning; Ground‑level retail area with Ashmun Street window frontage
More about this property
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