Located on a high-visibility corridor in the heart of Sault Ste. Marie, this 13-unit hospitality property, inclusive of an
attached single-family residence, offers unmatched value at just ~$27k per unit and ~$66 per square foot. The $3.22
billion Soo Locks expansion project brings an influx of construction workers, engineers, contractors, and government
personnel to the area through at least 2030, while long-term rental demand is already strong thanks to very low supply
and proximity to Lake Superior State University. At $350,000, this asset is priced to move and offers a clear path to
immediate cash flow with multiple exit strategies for investors, developers, and owner/operators alike. One of the owners
is a licensed realtor and this property may be bought as a package with 1707 Ashmun.
13-Unit Hospitality Property in Sault Ste Marie
- Price: $350,000
- Acres: .32
- MLS Number: 26241
- Listing Agent: Jeff Lipple
