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    $1,500,000

  • Active | MLS#: 18-1100
  • 4,832Sq Ft

3440 Interstate 75 Business SPUR Sault Ste Marie, MI 49783

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Listing provided courtesy of: RE/MAX NorthStar Realty

Overview

This local mainstay of Asian cuisine for over 20 years is an excellent business opportunity. Own it all: the real estate, building, restaurant and liquor license. Operate as is or convert to a new brand. The building is brick, had a major remodel in 2016, has a seating capacity of 200, ample parking field, a private meeting/banquet room and comes nearly turnkey.Favorable lease terms with option to purchase available.Potential for building condos behind property. A recent SSM housing study shows demand for upward bound/mobile professionals desiring 2 bedroom units.

General Features

  • Type Business Opportunity
  • Possible Use Restaurant
  • Present Use Restaurant
  • For Sale or Rent Sale

Building Features

  • Roof Flat, Rubber, Shingle
  • Construction Steel Frame
  • Basement Slab
  • Exterior Finish Brick
  • Parking 25 Or More Spaces, Parking Lot, Paved
  • Heating Forced Air, Natural Gas
  • Cooling Central Air
  • Extras Employee, Fire Alarm, Fire Sprnklr System, Handicap Access, High Traffic Locatn, High Visibility, Highway Access, Kitchen Area, Landscaped, Lounge/Bar, Restaurant, Restroom, Smoke Detectors, Storage, View, Window Coverings

Property Features

  • What's Included ALL except inventory
  • Road Surface Black Top
  • Drive Black Top
  • Water City
  • Waterfront No
  • Sewer City

Schools

  • School District Sault Ste Marie

Listing agent photo

John Anderson

248-802-0949RE/MAX NorthStar Realty

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Price & Status History

Days on Market

  • This property has been listed on the market for 92 days

Location

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Listing agent photo

John Anderson

248-802-0949RE/MAX NorthStar Realty

Ask A Question

Community Demographics for Zip Code 49783 (Sault Ste Marie)

Housing Occupancy
  • Home Owners: 5,035 (49%)
  • Renters: 2,862 (28%)
  • Vacant: 2,471 (24%)
  • Total Housing Units: 10,368
Households
  • Average Household Size: 2.27
  • Housing Density (People per square mile): 126
Age Range (number of people)
  • Age 0-14: 3,342
  • Age 15-24: 2,260
  • Age 25-39: 3,650
  • Age 40-59: 4,940
  • Age 60-79: 3,537
  • Age 80+: 1,248
  • Total: 18,977

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 49783 (Sault Ste Marie)

Public Schools in Zip Code 49783 (Sault Ste Marie)

* This list of schools may not match the property above.

MALCOLM HIGH SCHOOL 460 WEST SPRUCE ST SAULT SAINTE MARIE, MI 49783 Phone: 9066356638 9th-12th
Grade Size Distribution
  • 10th: 9
  • 11th: 17
  • 12th: 38
School Population
  • Teachers: 4
  • Students per Teacher: 16.0
  • Students: 64
  • Male/Female: 29/35
School District
  • SAULT STE. MARIE AREA SCHOOLS
  • 876 MARQUETTE AVE SAULT SAINTE MARIE, MI 49783
  • Phone: 9066356609
District Population
  • Schools: 6
  • Full-Time Teachers: 142
  • Students per Teacher: 17.6
  • Staff: 298
  • Students: 2469
SAULT AREA HIGH SCHOOL 904 MARQUETTE AVE SAULT SAINTE MARIE, MI 49783 Phone: 9066356605 9th-12th
Grade Size Distribution
  • 9th: 240
  • 10th: 200
  • 11th: 238
  • 12th: 215
School Population
  • Teachers: 49
  • Students per Teacher: 18.4
  • Students: 904
  • Male/Female: 481/423
School District
  • SAULT STE. MARIE AREA SCHOOLS
  • 876 MARQUETTE AVE SAULT SAINTE MARIE, MI 49783
  • Phone: 9066356609
District Population
  • Schools: 6
  • Full-Time Teachers: 142
  • Students per Teacher: 17.6
  • Staff: 298
  • Students: 2469
SAULT AREA MIDDLE SCHOOL 684 MARQUETTE AVE SAULT SAINTE MARIE, MI 49783 Phone: 9066356604 6th-8th
Grade Size Distribution
  • 6th: 199
  • 7th: 177
  • 8th: 231
School Population
  • Teachers: 32
  • Students per Teacher: 19.0
  • Students: 608
  • Male/Female: 308/300
School District
  • SAULT STE. MARIE AREA SCHOOLS
  • 876 MARQUETTE AVE SAULT SAINTE MARIE, MI 49783
  • Phone: 9066356609
District Population
  • Schools: 6
  • Full-Time Teachers: 142
  • Students per Teacher: 17.6
  • Staff: 298
  • Students: 2469
JOSEPH K. LUMSDEN BAHWETING ANISHNABE ACADEMY 1301 MARQUETTE AVE SAULT SAINTE MARIE, MI 49783 Phone: 9066355055 K-8th
Grade Size Distribution
  • Knd: 69
  • 1st: 66
  • 2nd: 61
  • 3rd: 60
  • 4th: 62
  • 5th: 44
  • 6th: 33
  • 7th: 31
  • 8th: 18
School Population
  • Teachers: 39
  • Students per Teacher: 11.4
  • Students: 444
  • Male/Female: 235/209
School District
  • JOSEPH K. LUMSDEN BAHWETING ANISHNABE ACADEMY
  • 1301 MARQUETTE AVE SAULT SAINTE MARIE, MI 49783
  • Phone: 9066355055
District Population
  • Schools: 1
  • Full-Time Teachers: 39
  • Students per Teacher: 11.4
  • Staff: 99
  • Students: 444
LINCOLN SCHOOL 810 EAST 5TH AVE SAULT SAINTE MARIE, MI 49783 Phone: 9066356626 K-5th
Grade Size Distribution
  • Knd: 58
  • 1st: 35
  • 2nd: 56
  • 3rd: 41
  • 4th: 36
  • 5th: 47
School Population
  • Teachers: 21
  • Students per Teacher: 14.1
  • Students: 296
  • Male/Female: 165/131
School District
  • SAULT STE. MARIE AREA SCHOOLS
  • 876 MARQUETTE AVE SAULT SAINTE MARIE, MI 49783
  • Phone: 9066356609
District Population
  • Schools: 6
  • Full-Time Teachers: 142
  • Students per Teacher: 17.6
  • Staff: 298
  • Students: 2469
SOO TOWNSHIP SCHOOL 5788 SOUTH M 129 SAULT SAINTE MARIE, MI 49783 Phone: 9066356630 K-5th
Grade Size Distribution
  • Knd: 57
  • 1st: 31
  • 2nd: 48
  • 3rd: 42
  • 4th: 56
  • 5th: 49
School Population
  • Teachers: 20
  • Students per Teacher: 14.2
  • Students: 283
  • Male/Female: 141/142
School District
  • SAULT STE. MARIE AREA SCHOOLS
  • 876 MARQUETTE AVE SAULT SAINTE MARIE, MI 49783
  • Phone: 9066356609
District Population
  • Schools: 6
  • Full-Time Teachers: 142
  • Students per Teacher: 17.6
  • Staff: 298
  • Students: 2469
WASHINGTON ELEMENTARY SCHOOL 1200 RYAN AVE SAULT SAINTE MARIE, MI 49783 Phone: 9066356629 K-5th
Grade Size Distribution
  • Knd: 52
  • 1st: 39
  • 2nd: 56
  • 3rd: 39
  • 4th: 50
  • 5th: 53
School Population
  • Teachers: 15
  • Students per Teacher: 19.3
  • Students: 289
  • Male/Female: 149/140
School District
  • SAULT STE. MARIE AREA SCHOOLS
  • 876 MARQUETTE AVE SAULT SAINTE MARIE, MI 49783
  • Phone: 9066356609
District Population
  • Schools: 6
  • Full-Time Teachers: 142
  • Students per Teacher: 17.6
  • Staff: 298
  • Students: 2469
EASTERN UPPER PENINSULA ISD 315 ARMORY PLACE SAULT SAINTE MARIE, MI 49783 Phone: 9066323373
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 0
  • Male/Female: 0/0
School District
  • EASTERN UPPER PENINSULA ISD
  • 315 ARMORY PLACE SAULT SAINTE MARIE, MI 49783
  • Phone: 9066323373
District Population
  • Schools: 3
  • Full-Time Teachers: 12
  • Students per Teacher: 17.3
  • Staff: 93
  • Students: 157
EUPISD COMMUNITY BASED EARLY CHILDHOOD SERVICES 315 ARMORY PLACE SAULT SAINTE MARIE, MI 49783 Phone: 9066323373
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 0
  • Male/Female: 0/0
School District
  • EASTERN UPPER PENINSULA ISD
  • 315 ARMORY PLACE SAULT SAINTE MARIE, MI 49783
  • Phone: 9066323373
District Population
  • Schools: 3
  • Full-Time Teachers: 12
  • Students per Teacher: 17.3
  • Staff: 93
  • Students: 157

Private Schools in Zip Code 49783 (Sault Ste Marie)

* This list of schools may not match the property above.

COMMUNITY BAPTIST ACADEMY 1006 E 4th Ave Sault Sainte Marie, MI 49783 Phone: 9066327214 K-10th
Grade Size Distribution
  • Knd: 3
  • 2nd: 1
  • 3rd: 1
  • 4th: 2
  • 5th: 2
  • 6th: 2
  • 7th: 2
  • 10th: 2
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 15
IMMANUEL LUTHERAN SCHOOL 615 Washington Way Sault Sainte Marie, MI 49783 Phone: 9066322640 K-8th
Grade Size Distribution
  • Knd: 6
  • 1st: 5
  • 2nd: 7
  • 3rd: 2
  • 4th: 8
  • 5th: 3
  • 6th: 2
  • 7th: 1
  • 8th: 2
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 36
ST. MARY'S SCHOOL 360 Maple St. Sault Sainte Marie, MI 49783 Phone: 9066356141 K-8th
Grade Size Distribution
  • Knd: 24
  • 1st: 23
  • 2nd: 24
  • 3rd: 16
  • 4th: 17
  • 5th: 16
  • 6th: 11
  • 7th: 2
  • 8th: 4
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 137

* School data provided by US Department of Education


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.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional