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Spa & Wellness Building with Basement

816 Ashmun St, Sault Sainte Marie, MI 49783

For Sale
$240,000

Commercial Sale, Sault Ste Marie, MI

Property Size4,502 SF
Price / SF$53.31
Days on Market101

Property Features for 816 Ashmun St

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMERCIAL
Security features Security System
Exterior features Fire Alarm, High Traffic Locatn, High Visibility, Kitchen Area, Laundry, Restroom, Security System, Fire Sprnklr System, Storage, Window Coverings
Elementary school district Sault Ste Marie
Middle school district Sault Ste Marie
High school district Sault Ste Marie
Directions DIRECTLY ACROSS FROM PARKER'S HARDWARE ON ASHMUN
Subdivision 11 - Sault Ste. Marie (West)
Standard status Active
APN 051-194-014-00 051-194-005-00
Size 4,502 SF

Taxes and HOA fees

Tax Year 25

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Amenities

multiple office spaces
full basement
rear parking lot

Building Details

Building materials Masonry
Roof type Rubber, Flat
Additional Structures Storage
Buildings 1
Listing Agency: RE/MAX NorthStar Realty
Listed By: Krysta Fike
Added: Aug 4 Changed: Oct 31 Last Checked: Nov 12 at 9:06AM
MLS# 26-788

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.

Rey
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Investment Insights

Based on property information with market context.

Located at 816 Ashmun St in downtown Sault Ste. Marie, this masonry commercial building is currently home to Royal Nails. Interior features include multiple office areas, a kitchen area, laundry, and a restroom, with a full basement providing additional space. The building has forced-air natural gas heat and central air conditioning, plus a flat rubber roof.

The property is zoned COMMERCIAL and includes a rear parking lot. Fire and security systems, along with a sprinkler system, are also present.

Key Highlights

  • Current home of Royal Nails
  • Full basement and multiple office areas
  • Rear parking lot

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Real Estate Agency HVAC Service 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

971
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 42% Shops & Services 39% Dining 18% Hotels & Casinos 2%
Parkers Hardware Home Improvements & Furnishings
7,231 visits/mo 0.0 miles
Marathon Shops & Services
4,288 visits/mo 0.3 miles
Marathon Shops & Services
3,004 visits/mo 0.4 miles
Domino's Pizza Dining
2,774 visits/mo 0.0 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
680 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

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 - Multiple office areas and rear parking add flexibility to this commercial property.
Where is this spa & wellness property located?
The property is located at 816 Ashmun St Sault Sainte Marie, MI.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Current home of Royal Nails; Full basement and multiple office areas; Rear parking lot
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Includes: Price & PSF · Cap rate · Location · Zoning

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