427 W Portage AVE, Sault Ste Marie, MI 49783 (MLS# 21-124)


$750,000
427 W Portage AVE
Sault Ste Marie, MI 49783
MLS# 21-124
7673 sqft


427 W Portage AVE, Sault Ste Marie, MI 49783
  1 / 15  
427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783 427 W Portage AVE, Sault Ste Marie, MI 49783

Property Description
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.

Details
Documents
Contract Information
Current Price: $750,000
List Date: 2021-02-16
List Price: $750,000
Status: Active
For Sale or Rent: Sale
Property Information
Type: Business Opportunity
Realtor.com Type: Commercial
Possible Use: Hotel/Motel
Building SqFt: 5001 - 7500
Age: 31 - 50
Waterfront: No
# Parking Spaces: 25+
Total SqFt.: 7673
Lot Size: Irregular
Lot Dimensions: 97.1 on Portage Ave
What's Included: Building & Furnishings
Duplicate: No
Location, Tax and Legal
Area: 11 - Sault Ste. Marie (West)
Unit #/St #/Space #: 427
Street Direction Pfx: W
Street Name: Portage
Street Suffix: AVE
State: MI
Zip Code: 49783
County: CHIPPEWA
Zoning: T: Tourist
School District: Sault Ste Marie
Tax ID: 051-148-374-00
Special Assessment: Unknown
Homestead Y/N: Partial
Homestead Remarks: 16%Homestead
Taxes: 7582.09
SEV: 138800
Taxable Value: 119324
Tax Year: 2020
Directions and Remarks
Directions: W. Portage Ave between Ferris St and Magazine St. Across from the west end of Soo Locks
Hot Sheet Comment: new
Currently Not Used
Amount of Frontage: 97.1
Property Features
Basement: Block; Partial Basement
Construction: Masonry; Mixed; Wood Frame
Exterior Finish: Brick; Vinyl
Cooling: Window Unit
Documents on File: Financials
Drive: Concrete
Extras: Furnished; High Traffic Locatn; High Visibility; Highway Access; Laundry; Living Quarters; Storage; View
Heating: Hot Water; Natural Gas
Parking: 25 Or More Spaces
Possession: Negotiable
Road Surface: Concrete
Roof: Other; Shingle
Showing Instructions: 24 Hr Notice
Terms: Cash; Conventional

Listing Office: Smith & Company Real Estate

Listing Agent: FRED SMITH

Last Updated: March - 03 - 2021

Information deemed reliable but not guaranteed.

Wednesday 21st of April 2021 02:29 AM