Sault Sainte Marie - Beach Property For Sale #7683074

Located on a high-visibility corridor in the heart of Sault Ste. Marie, this 21-unit hospitality property offers unmatched value at just ~$21,400 per unit and ~$69 per square foot. The $3.22 billion Soo Locks expansion project brings an influx of construction workers, engineers, contractors, and government personnel to the area through at least 2030, while long-term rental demand is already strong thanks to very low supply and proximity to Lake Superior State University. At $450,000, this asset is priced to move and offers a clear path to immediate cash flow with multiple exit strategies for investors, developers, and owner/operators alike. A new flat roof was just installed and ongoing renovations are being done daily. This property may be bought as a package with 1712 Ashmun.