18-Unit Motel with Owner
For Sale
$995,000
1800 Ashmun St, Sault Sainte Marie, MI 49783
Commercial Sale, Sault Ste Marie, MI
Property SizeContact for details
Lot Size0.40 Acres
Days on Market48
Property Features for 1800 Ashmun St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Exterior features
High Visibility, Living Quarters
Elementary school district
Sault Ste Marie
Middle school district
Sault Ste Marie
High school district
Sault Ste Marie
Directions
Corner of Ashmun and W 9th
Subdivision
11 - Sault Ste. Marie (West)
Standard status
Active
APN
051-546-001-00144000
Lot size
0.40 Acres
Taxes and HOA fees
Tax Annual Amount
5969
Utilities
Heating system
Electric (Heating), Baseboard
Water source
Public
Building Details
Building materials
Masonry, Wood Frame
Listing Agency:
OUTSIDE OFFICE
Listed By:
AGENT OUTSIDE
(906) 632-7336
Added: Jul 21
Changed: Sep 2
Last Checked: Sep 6 at 6:06AM
MLS# 26-699
Copyright © 2026 Eastern Upper Peninsula Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 18-unit motel includes owner’s quarters, with several guest rooms refreshed through flooring and paint updates. Each room has electric baseboard heat and an individual AC unit. The building combines masonry and wood-frame construction, is served by public water, and received a new roof in 2026. A city-approved floor plan is included for completing the owner’s quarters, which are currently unfinished and customizable. Current operations use month-to-month tenancy, while the property’s configuration also supports a return to nightly or weekly lodging use, as described in the property information.
The motel occupies a 0.40-acre corner lot at 1800 Ashmun St in Sault Ste Marie, Michigan, along the I-75 Business Loop. The site is described as highly visible and is located minutes from the Soo Locks, Kewadin Casino, and Lake Superior State University. Reported operating metrics include 100% occupancy and a 10.5% cap rate. The property is zoned Commercial.
The motel occupies a 0.40-acre corner lot at 1800 Ashmun St in Sault Ste Marie, Michigan, along the I-75 Business Loop. The site is described as highly visible and is located minutes from the Soo Locks, Kewadin Casino, and Lake Superior State University. Reported operating metrics include 100% occupancy and a 10.5% cap rate. The property is zoned Commercial.
Key Highlights
- 18‑unit motel with owner’s quarters
- 100% occupancy and a 10.5% cap rate
- 0.40‑acre corner lot at 1800 Ashmun St
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49783, MI
18,690
Population
9,388
Households
2
Avg Household Size
39
Median Age
24%
College-Educated
94%
High-School Grad
148.7 sq mi
ZIP Area
126
Density / Sq Mi
$59,847
Median Household Income
$31,334
Median Earnings
$782
Median Rent
$146,400
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Skyline Motel — 2601 I-75 Business Spur, Sault Ste. Marie, MI 49783
- The Guest House - — 2049 Ashmun St, Sault Ste. Marie, MI 49783
- Lawson Motel — 2049 Ashmun St, Sault Ste. Marie, MI 49783
- Laker Inn Motel — 1712 Ashmun St, Sault Ste. Marie, MI 49783
- Royal Motel — 1707 Ashmun St, Sault Ste. Marie, MI 49783
Frequently Asked Questions
What type of property is this?
Motel - Commercially zoned hospitality property with room-by-room heating and cooling, masonry and wood-frame construction, and public water service.
Where is this motel located?
The property is located at 1800 Ashmun St Sault Sainte Marie, MI.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 18‑unit motel with owner’s quarters; 100% occupancy and a 10.5% cap rate; 0.40‑acre corner lot at 1800 Ashmun St
