Hospitality

Sault Sainte Marie, MI Hospitality Properties for Sale

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20-Unit Motel with Owner Suite
Updated: Mar 2
20-Unit Motel with Owner Suite

Sault Sainte Marie, MI 49783

$1,200,000
7,673 sqft
20‑unit motel with an owner’s suite featuring 2 BR and 1 BA
6 of the motel units have been renovated
Over one acre of commercial land in downtown Sault Sainte Marie
Includes views of Long Ships (freighters) entering and exiting the Soo Locks, plus views of the international bridge to Canada
Property includes a garage, 72x42 pole barn, and shed
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Renovated Boutique Motel
Updated: May 26
Renovated Boutique Motel

Sault Sainte Marie, MI 49783

$1,250,000
9,959 sqft
9,959‑square‑foot motel property
Renovated 1950s roadside motel
Operating boutique vacation rental business
Established brand with consistent income
Detailed financials supporting the operation
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Hospitality Property with Attached Residence
Hospitality Property with Attached Residence

Sault Sainte Marie, MI 49783

$350,000
5,293 sqft

Thirteen-unit hospitality property with an attached single-family residence, offered for sale in B-3 zoning.

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Turn-Key Motel with Owner's Quarters
Turn-Key Motel with Owner's Quarters

Sault Sainte Marie, MI 49783

$995,000

Turn-key 18-unit motel with electric baseboard heat and individual AC, plus an owner’s quarters on a corner lot.

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21-Unit Motel With New Roof
21-Unit Motel With New Roof

Sault Sainte Marie, MI 49783

$450,000
6,450 sqft

Hospitality property with active renovations and proximity to Lake Superior State University.

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Turn-Key Motel with Owner's Quarters
Turn-Key Motel with Owner's Quarters

Sault Sainte Marie, MI 49783

$995,000

Turn-key motel with 18 units plus owner's quarters, commercial zoning, and a brand-new 2026 roof.

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Waterfront Marina Property
Waterfront Marina Property

Sault Sainte Marie, MI 49783

$550,000
68 sqft

Marina property with seasonal campsites, mobile home sites, wooded acreage, and a former convenience store and restaurant.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Sault Sainte Marie, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Waterfront Resort
Waterfront Resort

32544 S BOBBY Drive, Drummond Island, MI 49726

$799,000
2,890 sqft

Turnkey resort on Maxton Bay with direct waterfront access, remodeled lodge and multiple cabins for guest stays.

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Turnkey Waterfront Resort Property
Turnkey Waterfront Resort Property

16878 County Road 505, Newberry, MI 49868

$1,595,000
7,600 sqft 25.00 AC lot

Turnkey resort with eight rental cabins, guest house, and nearly 1,700 feet of waterfront frontage on private Halfway Lake.

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Drummond Island Resort and RV
Drummond Island Resort and RV

Drummond Island, MI 49726

Contact for pricing
5,500 sqft

Turnkey resort and RV park with waterfront access.

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Resort Lodge with Lake Views
Resort Lodge with Lake Views

32752 County Rd 423, Newberry, MI 49868

Contact for pricing

Lodge and cabins offer lake-view accommodations along the Two Hearted River in a setting with year-round trails.

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Sault Sainte Marie, MI Hospitality Properties Market Trends and Statistics

Explore 7 hospitality properties for sale in Sault Sainte Marie, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 29,443 square feet of properties for sale, with an estimated market value of $5,790,000.

Sale prices for hospitality properties in Sault Sainte Marie, MI start at $350,000, averaging $827,142, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 5
Hotels 2
Campgrounds 1

Demographics Overview

Population 24K
Population Growth (5Y) -18.3%
Median Household Income $58,587
College Educated 10.4%

High-Yield Neighborhoods for Investment

Identify Sault Sainte Marie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49783 $827.1K

Taxes & Financing

Tax Rate (average for all types) 3.35%
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Chippewa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Chippewa County

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