Keller Williams

3522 I-75 Business SPUR, Sault Ste Marie, MI 49783

$395,000
Property Type: Commercial Square Footage: 10,000 Status: Sold
Current Price: $395,000 List Date: 12/06/2024 Last Modified: 12/06/2024

Overview

Description

Great investment property with two strong tenants and good leases using 5,000 square feet each of the total 10,000 square feet of space. The building will give you a good long term cash flow with long term leases. Located on I-75 Business Spur, one of the highest traffic counts in town!

Listing Details MLS# 23-1146

Contract Information

For Sale or Rent
Sale

Property Information

Type
Commercial Income
Realtor.com Type
Commercial
Present Use
Retail
Possible Use
Retail
Building SqFt
7501 & Up
Age
31 - 50
# Parking Spaces
10+
Total SqFt.
10000
Lot Dimensions
187 x 211.25 +/-
What's Included
Real Estate
Duplicate
No

Location Tax and Legal

Area
11 - Sault Ste. Marie (West)
Unit #/St #/Space #
3522
Street Name
I-75 Business
Street Suffix
SPUR
State
MI
Zip Code
49783
County
CHIPPEWA
Tax ID
051-716-016-00

Directions and Remarks

Directions
On I-75 Business Spur between Lynn Auto and Performance Plus and right across from Jose's Restaurant
Hot Sheet Comment
new

Sold Info

Sold Date
2024-12-03

Location, Tax and Legal

In City Limits
Yes
Zoning
B-3
School District
Sault Ste Marie
Special Assessment
Unknown
Homestead Y/N
No
Taxes
14638.94
Tax Year
2022
SEV
157600
Taxable Value
157600

More Information

Basement

Slab
Yes

Extras

Highway Access
Yes
High Traffic Locatn
Yes
High Visibility
Yes

Construction

Steel Frame
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Cooling

Central Air
Yes

Water

Public
Yes

Drive

Black Top
Yes

Sewer

City
Yes

Parking

11 - 25 Spaces
Yes

Possession

Negotiable
Yes

Road Surface

Black Top
Yes

Roof

Metal
Yes

Terms

Cash
Yes
Conventional
Yes

Showing Instructions

Appt. Only
Yes

Property Features

Basement: Slab Construction: Steel Frame Cooling: Central Air Drive: Black Top Extras: High Traffic Locatn; High Visibility; Highway Access Heating: Forced Air; Natural Gas Parking: 11 - 25 Spaces Possession: Negotiable Road Surface: Black Top Roof: Metal Water: Public Showing Instructions: Appt. Only Terms: Cash; Conventional
Listing Office: Smith & Company Real Estate
Listing Agent: FRED SMITH
Last Updated: December - 06 - 2024
Information deemed reliable but not guaranteed.