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    Brimley, MI Rudyard, MI Kinross, MI Pickford, MI
    21-Unit Hospitality Property
    Updated: May 20
    21-Unit Hospitality Property

    Sault Sainte Marie, MI 49783

    $450,000
    6,450 sqft
    21‑unit hospitality property in the heart of Sault Ste. Marie on a high‑visibility corridor
    Offered at $450,000 (listed as ~ $21,400 per unit and ~ $70 per square foot)
    New flat roof installed
    Ongoing renovations being done daily
    Close to Lake Superior State University; Soo Locks expansion project ($3.22B) expected to drive visitors and workers through at least 2030
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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Boutique Hotel and Event Space
    Boutique Hotel and Event Space

    2287 S Main Street, Central Lake, MI 49622

    $850,000
    3,200 sqft 1.00 AC lot

    Turn-key boutique hotel with five suites and an event-ready lower level bar room.

    View details
    Historic Hotel and Restaurant Inn
    Historic Hotel and Restaurant Inn

    18599 Mission Road, Traverse City, MI 49686

    $4,260,000
    5,644 sqft 10.86 AC lot

    Historic Victorian inn with 13 guest rooms, a commercial kitchen, dining areas, and a public-facing cafe.

    View details
    Historic Victorian Hotel
    Historic Victorian Hotel

    18599 Mission Road Unit SourceFi, Traverse City, MI 49686

    $4,260,000
    5,644 sqft 10.00 AC lot

    Restored Victorian hotel with 13 guest rooms and an on-site cafe open to the public.

    View details
    Boutique Hotel with Event Space
    Boutique Hotel with Event Space

    2287 S Main Street, Central Lake, MI 49622

    $850,000
    3,200 sqft

    Boutique hotel and event space featuring five suites, private baths, and a remodeled speakeasy/barrel room.

    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.

    Alpena Land with Complete Infrastructure
    Alpena Land with Complete Infrastructure

    NHN Crittenden Court, Alpena, MI 49707

    $1,000,000
    11.39 AC lot

    11.39 acres with complete infrastructure in Alpena's growing area.

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    Alpena Commercial Land For Sale
    Alpena Commercial Land For Sale

    M-32/Crittenden Court lot: 8, Alpena, MI 49707

    $175,000
    1.74 AC lot

    Commercial land with complete infrastructure in a high-traffic area.

    View details
    Alpena Commercial Land For Sale
    Alpena Commercial Land For Sale

    M-32/Crittenden Court lot: 7, Alpena, MI 49707

    $235,000
    3.49 AC lot

    Commercial land with complete infrastructure in a high-traffic area.

    View details
    Alpena Commercial Land For Sale
    Alpena Commercial Land For Sale

    M-32/Crittenden Court lot: 6, Alpena, MI 49707

    $235,000
    3.50 AC lot

    Commercial land with complete infrastructure in Alpena's growing area.

    View details

    Sault Sainte Marie, MI Hotels Market Trends and Statistics

    Explore 2 hotels for sale in Sault Sainte Marie, MI on our real estate platform. These investment opportunities span a total of 11,743 square feet of properties for sale, with an estimated market value of $800,000.

    Sale prices for resorts in Sault Sainte Marie, MI start at $350,000, averaging $400,000, and reaching up to $450,000 — 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 $400K

    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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