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3290 I 75 BUSINESS SPUR $1,100,000

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3290 I 75 BUSINESS SPUR Sault Ste Marie, MI 49783

  • 95,009 sq. ft.
  • Commercial
  • MLS# 20-435
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Views: 165 Days On Market: 100

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Property Details

Opportunity on I-75 Business Spur. Over 500' of frontage and up to 5 acres of property available. This motel has conference center, restaurant, pool and 130 rooms. Restore the motel to it's former glory or tear it down and build something new. Additional property owned by the city available with the motel to make 69 acres and adjacent 7 acres for sale also. Property adjacent to Sanderson Air Field.

  • General Features
    • Type Commercial Income
    • Possible Use Mixed Use
    • Present Use Hotel/Motel
    • For Sale or Rent Sale
  • Building Features
    • Roof Metal, Rubber
    • Construction Masonry, Wood Frame
    • Exterior Finish Brick, Stucco
    • Parking 25 Or More Spaces, Parking Lot
    • Extras Handicap Access, High Traffic Locatn, High Visibility, Highway Access, Kitchen Area, Lounge/Bar, Restaurant
  • Property Features
    • What's Included Real Estate and Building
    • Drive Concrete
    • Water City
    • Waterfront No
    • Sewer City
  • Schools
    • School District Sault Ste Marie

Contact

Garth Mac Master Sr

Garth Mac Master Sr

Broker / Owner

RE/MAX NorthStar Realty

Mobile Phone: 906-440-2529

Neighborhood

49783 (Sault Ste Marie) Demographics

37 Median Age
130 Population Density (per sq. mile)
33% College Educated
$40,768 Estimated Median Income
4,954 Estimated Total Home Owners
2,953 Estimated Total Renters
63% / 37% Estimated Owner / Renter Divide
2 Estimated Average Household Size
19,672 Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$125,000 Median Sales Price
1 Homes Sold
16 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $1,100,000
      6/10/2020 6:25:00 PM New in Database Source New Value: $1,100,000

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      **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
      Listing information is provided in part by the IDX Program of the MLS of the Eastern Upper Peninsula Board of REALTORS®. All information is deemed reliable but is not guaranteed.

      Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.