Hospitality

Sault Sainte Marie, MI Hospitality Properties for Sale

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Kinross, MI Pickford, MI
Motel with Swimming Pool
Updated: Apr 24, 2025
Motel with Swimming Pool

Sault Sainte Marie, MI 49783

$1,250,000
9,959 sqft
9,959‑square‑foot motel, renovated from its 1950s origins
Pool, laundry facilities, and living quarters on site
Furnished property with fire alarm, smoke detectors, and security system
Masonry and wood‑frame construction with shingle roof
Electric heat, wall‑unit cooling, and public water
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18-Unit Motel with Owner’s Quarters
Updated: Jul 21
18-Unit Motel with Owner’s Quarters

Sault Sainte Marie, MI 49783

$995,000
18 guest units plus owner’s quarters
0.40‑acre corner lot at 1800 Ashmun St, Sault Ste. Marie, MI 49783
Frontage along the I‑75 Business Loop
Commercial zoning and public water
Masonry and wood‑frame construction; electric baseboard heat and wall‑unit cooling
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Waterfront Marina Property
Waterfront Marina Property

Sault Sainte Marie, MI 49783

$550,000
68 sqft

Waterfront marina property with seasonal camping, mobile home sites, and an existing building suited for renewed commercial use.

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18-Unit Motel with Owner’s Quarters
18-Unit Motel with Owner’s Quarters

Sault Sainte Marie, MI 49783

$995,000
4,528 sqft 0.40 AC lot

Operating motel with month-to-month tenants and an unfinished owner’s residence supported by a city-approved floor plan.

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4 active listings match your search: Hospitality for sale in Sault Sainte Marie, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Waterfront Resort With Rental Cabins
Waterfront Resort With Rental Cabins

16878 County Road 505, Newberry, MI 49868

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

Lakefront lodging property combines multiple guest accommodations with a private recreational setting.

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Waterfront Cabin Resort
Waterfront Cabin Resort

Newberry, MI 49868

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

Waterfront resort with rental cabins, residential accommodations, and accessory buildings on private Halfway Lake.

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Remodeled Furnished Resort Cabin
Remodeled Furnished Resort Cabin

7-4179 S Straits Hwy, Indian River, MI 49749

$210,000
446 sqft

Cabin ownership along the Sturgeon River includes furnished interiors and access to Northern Michigan recreation.

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Furnished Riverfront Resort Cabins
Furnished Riverfront Resort Cabins

2-4179 S Straits Hwy, Indian River, MI 49749

$199,900
360 sqft

Remodeled, furnished cabins within a newly established association along the Sturgeon River in Northern Michigan.

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Sault Sainte Marie, MI Hospitality Properties Market Trends and Statistics

Explore 4 hospitality properties for sale in Sault Sainte Marie, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,555 square feet of properties for sale, with an estimated market value of $3,790,000.

Sale prices for hospitality properties in Sault Sainte Marie, MI start at $550,000, averaging $947,500, 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 3
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 $2.4M

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)

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