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    Sault Sainte Marie, MI
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    Sault Sainte Marie, MI Hospitality Properties for Sale

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    Barbeau, MI Rudyard, MI Pickford, MI
    Hospitality Property in Sault Ste Marie
    $450,000
    6,450 SF

    Hospitality Property in Sault Ste Marie

    Sault Sainte Marie, MI 49783

    21-unit hospitality property on a high-visibility corridor.

    • Immediate cash flow potential at a price of $450,000.
    • Unmatched value with a low price per unit (~$21,400) and per square foot (~$70).
    • Strong rental demand due to Soo Locks expansion project (through at least 2030) and proximity to Lake Superior State University.
    • Multiple exit strategies available for investors, developers, and owner/operators.
    • New flat roof recently installed.
    Updated: May 20
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    Hospitality Property in Sault Ste Marie
    $350,000
    5,293 SF

    Hospitality Property in Sault Ste Marie

    Sault Sainte Marie, MI 49783

    13-unit hospitality property with attached residence in high-visibility location.

    • Priced to move at ~$27k per unit and ~$66 per square foot, offering unmatched value.
    • Immediate cash flow potential with multiple exit strategies.
    • Located on a high‑visibility corridor in the heart of Sault Ste. Marie with high traffic.
    • Strong long‑term rental demand due to low supply and proximity to Lake Superior State University.
    • Benefit from the $3.22 billion Soo Locks expansion project bringing an influx of workers through at least 2030.
    Updated: May 6
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    Sugar Island Marina and Campground
    $550,000

    Sugar Island Marina and Campground

    Unique waterfront parcel with marina, campsites, and development potential.

    Sault Sainte Marie, MI 49783
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    Motel with Downtown Commercial Land
    $1,200,000
    7,673 SF

    Motel with Downtown Commercial Land

    20-unit motel with views, owner's suite, and commercial land.

    Sault Sainte Marie, MI 49783
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    Comfort Inn
    $7,980,000
    61,662 SF

    Comfort Inn

    Comfort Inn located in Sault Sainte Marie, MI

    Sault Sainte Marie, MI 49783
    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 Active listings in Sault Sainte Marie, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Charlevoix Bed & Breakfast Opportunity
    $795,000
    3,850 SF

    Charlevoix Bed & Breakfast Opportunity

    Bed & Breakfast near channel and main street in Charlevoix.

    109 Petoskey, Charlevoix, MI 49720
    View details
    Established Atlanta Motel Complex For Sale
    $569,000

    Established Atlanta Motel Complex For Sale

    Profitable motel with income growth potential in thriving Atlanta community.

    12520 State Street, Atlanta, MI 49709
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    Charleboyne Motel on Boyne City Road
    $695,000

    Charleboyne Motel on Boyne City Road

    Established motel with 11 units near US 31.

    12731 Boyne City Road, Charlevoix, MI 49720
    View details
    Established Atlanta Motel For Sale
    $569,000

    Established Atlanta Motel For Sale

    Motel with income growth opportunity in Atlanta, Michigan.

    12520 State St. Atlanta MI, Atlanta, MI 49709
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Land with Camper
    $60,000
    0.50 Acres

    Wooded Land with Camper

    Half-acre property with camper, utilities, and recreational opportunities.

    26928 Point Aux Frenes RD, Goetzville, MI 49736
    View details
    Waterfront Land Near St. Ignace
    $2,200,000
    51.33 Acres

    Waterfront Land Near St. Ignace

    51-acre waterfront property with development potential near St. Ignace, MI.

    Saint Ignace, MI 49781
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    Waterfront Land in Downtown St. Ignace
    $275,000
    0.37 Acres

    Waterfront Land in Downtown St. Ignace

    Rare waterfront lot with views of Mackinac Island.

    Saint Ignace, MI 49781
    View details
    Commercially Zoned Land on Highway
    $295,000
    31.44 Acres

    Commercially Zoned Land on Highway

    31.44 acres of commercially zoned land for sale.

    N STRAITS HIGHWAY, Cheboygan, MI 49721
    View details

    Sault Sainte Marie, MI Hospitality Properties Investment Opportunities Market Analysis

    Explore 5 hospitality properties for sale in Sault Sainte Marie, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 81,146 square feet of properties for sale, with an estimated market value of $10,530,000.

    Sale prices for hospitality properties in Sault Sainte Marie, MI start at $350,000, averaging $2,106,000, and reaching up to $7,980,000 — 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

    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 Strategic Investment

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

    Neighborhood Average Price
    49783 $2.1M

    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%

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