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    108 11 Ave Sault Ste. Marie, MI 49783

    Sponsored
    For Sale
    $80,000

    9,500 sq ft Commercial Property - $80,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property, located at 108 W 11th Avenue in Sault Ste. Marie, Michigan, presents a unique investment opportunity. Priced at $80,000, this 9,500 square foot building offers immense potential for a variety of business ventures. The property is classified as special purpose and includes two units. Its expansive open floor plan provides unparalleled flexibility, making it suitable for retail spaces, office environments, or even a community center. The building's thoughtful design incorporates three dedicated rooms, ideal for private offices, meeting areas, or storage solutions. Convenient full bathroom facilities cater to both staff and clients, enhancing the overall functionality of the space. Strategically situated for easy access to major roadways, this property enjoys a prime location within Chippewa County, Michigan, zip code 49783. This blank canvas awaits your vision and entrepreneurial spirit. Whether you seek to expand an existing business or launch a new enterprise, this building offers the space and potential to achieve your goals. The property's versatility and prime location make it an attractive investment opportunity in the thriving Sault Ste. Marie market.

    Property Features for 108 11 Ave

    General Information

    Property type
    Land

    Building Details

    Units
    2

    HighLights

    • $80,000 asking price for a 9,500 square foot building in Sault Ste. Marie, MI.
    • Special purpose property with two units and a flexible open floor plan.
    • Features three private rooms and full bathrooms.
    • Prime location in Chippewa County (zip code 49783) with easy access to major roadways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sault Ste. Marie
    County
    Chippewa
    State
    Michigan
    Longitude
    -84.3979086
    Latitude
    46.4815792

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    FAQs

    What type of property is this?
    Land - 9,500 sq ft Commercial Property - $80,000
    Where is this land located?
    The property is located at 108 11 Ave Sault Ste. Marie, MI.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: $80,000 asking price for a 9,500 square foot building in Sault Ste. Marie, MI.; Special purpose property with two units and a flexible open floor plan.; Features three private rooms and full bathrooms.
    Request Owner's contact information
    108 11 Ave Sault Ste. Marie, MI 49783
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    Sault Ste. Marie, MI 49783
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    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
    108 11 Ave Sault Ste. Marie, MI 49783
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