Hospitality

Sault Sainte Marie, MI Hospitality Properties for Sale

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Brimley, MI Rudyard, MI Kinross, MI
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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Hospitality Property with Attached Residence
Updated: May 6
Hospitality Property with Attached Residence

Sault Sainte Marie, MI 49783

$350,000
5,293 sqft
13‑unit hospitality property in the heart of Sault Ste. Marie on a high‑visibility corridor
Includes an attached single‑family residence
Priced at $350,000 (listed at about ~$27k per unit)
Listed at about ~$66 per square foot
Soo Locks expansion project ($3.22 billion) expected to bring construction workers and related personnel to the area through at least 2030
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Renovated Roadside Motel
Renovated Roadside Motel

Sault Sainte Marie, MI 49783

$1,250,000
9,959 sqft

Renovated 1950s motel in Sault Ste. Marie operating as a boutique vacation rental business under B3 zoning.

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21-Unit Hospitality Property
21-Unit Hospitality Property

Sault Sainte Marie, MI 49783

$450,000
6,450 sqft

For sale 21-unit hospitality property with a newly installed flat roof and renovations underway under B-3 zoning.

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Waterfront RV Park and Marina Land
Waterfront RV Park and Marina Land

Sault Sainte Marie, MI 49783

$550,000
68 sqft

A shoreline parcel with a dredged marina channel and established campsites and mobile home sites for seasonal hosting.

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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.

Lakefront Cabin and Condo Portfolio
Lakefront Cabin and Condo Portfolio

16930 W Manilak Drive, Mcmillan, MI 49853

$1,350,000
5,550 sqft · 15.70 AC lot

Turnkey package with furnished cabins, multiple condo units, and buildable lots along Big Manistique Lake.

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Lakefront Cabin Resort Portfolio
Lakefront Cabin Resort Portfolio

W16930 Manilak Dr, Mcmillan, MI 49853

$1,350,000

Turnkey package of furnished cabins on Big Manistique Lake with boats and expansion parcels included.

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Turnkey Waterfront Resort Property
Turnkey Waterfront Resort Property

32544 S BOBBY Drive, Drummond Island, MI 49726

$799,000
2,890 sqft

Turnkey resort with direct waterfront access, multiple cabins, and on-site bait shop to support guest fishing needs.

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Drummond Island Resort and RV
Drummond Island Resort and RV

Drummond Island, MI 49726

$1,500,000
5,500 sqft

Turnkey resort and RV park with waterfront access.

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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.

Waterfront Development Land Parcel
Waterfront Development Land Parcel

Saint Ignace, MI 49781

$2,200,000
51.33 AC lot

51+ acre waterfront parcel with extensive Lake Huron shoreline and road frontage, offering multiple access points.

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Tahquamenon Riverfront Acreage For Sale
Tahquamenon Riverfront Acreage For Sale

Laurel Lake Trail lot: No Legal Insurable Road Access, Newberry, MI 49868

$98,000
45.00 AC lot

45 acres with 1,400 feet of Tahquamenon River frontage.

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Milakokia Lake Waterfront Land
Milakokia Lake Waterfront Land

Champs Elysees Road, Gould City, MI 49838

Contact for pricing
0.77 AC lot

Waterfront recreational land with 99.9 feet of lake frontage, suitable for water access and tent camping.

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Recreational Land Near State Forest
Recreational Land Near State Forest

21454 Milligan Highway, Onaway, MI 49765

Contact for pricing
0.73 AC lot

Land with rustic cabin near state forests and recreation.

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Sault Sainte Marie, MI Hospitality Properties Market Trends and Statistics

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 29,443 square feet of properties for sale, with an estimated market value of $3,800,000.

Sale prices for hospitality properties in Sault Sainte Marie, MI start at $350,000, averaging $760,000, 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

Hotels 2
Motels 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 $760K

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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