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Rite Aid 1025 Ashmun St 11,060 SF Retail Building Sault Sainte Marie, MI 49783 $1,200,000 ($108.50/SF)

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INVESTMENT HIGHLIGHTS

  • Former Rite Aid.
  • Great location along Ashmun St.

EXECUTIVE SUMMARY

Former Rite Aid located on the SEC of Ashmun Street & Easterday Avenue in Sault St. Marie, Michigan. The property is located just south of the legendary Soo Locks and just east of Lake Superior State University’s campus. Sault St. Marie is the second most populated city in the Upper Peninsula. The property is situated on 1.2 acres and offers 61 surface spaces along with pylon signage.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,060 SF
Building Class
C
Year Built/Renovated
1967/1994
Price
$1,200,000
Price Per SF
$108.50
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
20.00 AC
Zoning
B3
Parking
750 Spaces (67.81 Spaces per 1,000 SF Leased)
Frontage
675’ on Ashmun St

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 11,060 SF
  • Retail
  • Outparcel
  • Now

Former Rite Aid located on the SEC of Ashmun Street & Easterday Avenue in Sault St. Marie, Michigan. The property is located just south of the legendary Soo Locks and just east of Lake Superior State University’s campus. Sault St. Marie is the second most populated city in the Upper Peninsula. The property is situated on 1.2 acres and offers 61 surface spaces along with pylon signage.

Space Size Space Use Position Available
1st Floor 11,060 SF Retail Outparcel Now

1st Floor

Size
11,060 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 11,060 SF
Space Use Retail
Position Outparcel
Available Now

Former Rite Aid located on the SEC of Ashmun Street & Easterday Avenue in Sault St. Marie, Michigan. The property is located just south of the legendary Soo Locks and just east of Lake Superior State University’s campus. Sault St. Marie is the second most populated city in the Upper Peninsula. The property is situated on 1.2 acres and offers 61 surface spaces along with pylon signage.

Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Huntington National Bank
Nicolet National Bank
BIGGBY Coffee

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
051-101-001-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$725,500
  • Listing ID: 33704913

  • Date on Market: 10/31/2024

  • Last Updated:

  • Address: 1025 Ashmun St, Sault Sainte Marie, MI 49783

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