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427 W Portage AVE $750,000

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427 W Portage AVE Sault Ste Marie, MI 49783

  • 7,673 sq. ft.
  • Commercial
  • MLS# 21-124
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Views: 82 Days On Site: 44

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Property Details

Popular 22 unit Motel located across from the Soo Locks with spectacular views of the Great Lakes Freighters passing through the locks. Many of the rooms have been updated recently with modern amenities and Great Lakes decor. There is onsite laundry, garage for storage, plus a newer 42 x 72 ft garage/pole barn. 2 bedroom living quarters with fabulous view from the comfort of your couch. Being sold with furniture, fixtures, and equipment - everything you need to continue operations.

  • General Features
    • Type Business Opportunity
    • Possible Use Hotel/Motel
    • Present Use Hotel/Motel
    • For Sale or Rent Sale
  • Building Features
    • Roof Other, Shingle
    • Construction Masonry, Mixed, Wood Frame
    • Basement Block, Partial Basement
    • Exterior Finish Brick, Vinyl
    • Parking 25 Or More Spaces
    • Heating Hot Water, Natural Gas
    • Cooling Window Unit
    • Extras Furnished, High Traffic Locatn, High Visibility, Highway Access, Laundry, Living Quarters, Storage, View
  • Property Features
    • What's Included Building & Furnishings
    • Road Surface Concrete
    • 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

$0 Median Sales Price
0 Homes Sold
21 New On Market

Average Days on Site

    Properties for Sale

      Calculations provided by Reliance Network

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $750,000
      3/3/2021 12:21:00 PM New in Database Source New Value: $750,000

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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.