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3901 Interstate 75 Business SPUR $1,650,000

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3901 Interstate 75 Business SPUR Sault Ste Marie, MI 49783

  • Commercial
MLS# 19-441 | Active

$1,650,000

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Days On Market: 9 1 Views
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Property Details

A nearly 4.5-acre redevelopment opportunity shadowing a Walmart Supercenter. Currently operated as a small motel, this parcel is located on the busiest road in Chippewa County, Michigan. An outstanding opportunity for redevelopment into retail or mixed-use. Recent economic analyses indicate significant demand for new retail and market-rate housing. Financial incentives potentially available.

  • General Features
    • Type Other
    • Possible Use Retail
    • Present Use Hotel/Motel
    • For Sale or Rent Sale
  • Property Features
    • What's Included Real estate and improvements
    • Water City
    • Sewer City
  • Schools
    • School District Sault Ste Marie

Contact

Garth Mac Master Sr

Broker / Owner

RE/MAX NorthStar Realty

Direct: 906-440-2529

Neighborhood

49783 (Sault Ste Marie) Demographics

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

Market Last 30 Days

$114,000 Median Sales Price
1 Homes Sold
32 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $1,650,000
      5/15/2019 12:21:00 PM New in Database Source

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      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.