Waterfront Place Mall for sale
Office
for Sale
| Catylist Listing ID: |
30793811 |
| Property Subtypes: |
Mixed Use, Flex Space, Office Building, Other
|
| Building Size (RSF): |
5,150 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$499,000 |
| Unit Price: |
$96.89 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Business |
| Building Name: |
Waterfront Place Mall |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/17/2022 |
Overview / Comments
|
Waterfront Place Mall is being offered for sale for the first time. Simply searching for a spot to locate your business? Office and/or service business lease space is available. The building features five separate units, including: Unit 939A - 833 Sq. Ft. offering 1-Bathroom, Unit 939B - offering 800 Sq. Ft. and offering 1-Bathroom, Units 941 & 943 - (Currently Combined) 1792 Sq. Ft. offering 2-Handicap Accessible Bathrooms, 2 Front & Rear Entrance Doors, and Unit 945 - 1600 Sq. Ft. offering 1-Bath and Front & Rear Entrance Doors. The Mall has a free span roof so each unit can be modified by lessee to accommodate total square footage needed. All units include central air, ample parking and separate meters with the exception of water. Lessee pays proportionate share of lawn & snowplowing service. Lessor provides exterior maintenance of building and common grounds. Call today for more details.
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Additional Details
| Nearest MSA: |
Sault Ste. Marie |
| County: |
Chippewa |
| Tax ID/APN: |
051-154-613-50 |
| Zoning: |
B-3 |
| Property Visibility: |
Excellent |
| Area Description: |
East on Portage Ave. from Ashmun St. intersection approximately a mile and located west of Waterfront Place Condominiums. Building is referred to as Waterfront Place Mall on your left. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Heat Type: |
Space Heaters |
| Zoning Description: |
B-3 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
ASSESSOR'S SUB NO 14 & PLC 114 COMM AT SE COR LOT 613; TH N 63 DEG W 159.21 FT TO POB; TH N 63 DEG W 104.4 FT TH N 26 DEG E 106.27 FT; TH S 63 DEG E 104.4 FT; TH S 26 DEG W 106.27 FT TO POB .253AC+/- |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,994 |
12,567 |
15,285 |
| Median Age: |
34.21 |
35.18 |
36.02 |
| Households: |
1,801 |
5,397 |
6,448 |
|
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