Renovated Boutique
For Sale
$1,250,000
1602 Ashmun St, Sault Sainte Marie, MI 49783
COMMERCIAL - Sault Ste Marie, MI
Property Size9,959 SF
Price / SF$125.51
Days on Market95
Property Features for 1602 Ashmun St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B3
Subdivision
132 x 304.5
Standard status
Active
Size
9,959 SF
Listing Agency:
Five Water Realty
(906) 226-7300
Listed By:
Jim Jorgensen · License #6505431232
(906) 322-0551
Added: May 26
Changed: Aug 4
Last Checked: Aug 28 at 12:06AM
MLS# 25-242
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 9,959-square-foot motel property dates to the 1950s and has been renovated for its current hospitality use. The asset operates as a boutique vacation rental business with an established brand, consistent income, and detailed financials supporting the operation.
Located at 1602 Ashmun St in Sault Ste. Marie, Michigan, the property is identified within the B3 zoning designation. Its existing lodging configuration and operating business provide a defined platform for continued hospitality use.
Located at 1602 Ashmun St in Sault Ste. Marie, Michigan, the property is identified within the B3 zoning designation. Its existing lodging configuration and operating business provide a defined platform for continued hospitality use.
Key Highlights
- 9,959‑square‑foot motel property
- Renovated 1950s roadside motel
- Operating boutique vacation rental business
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
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
Market
Vacancy Rate% for Multifamily in Midwest region
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 - Renovated roadside lodging property operating as a boutique vacation rental business in Sault Ste. Marie.
Where is this motel located?
The property is located at 1602 Ashmun St Sault Sainte Marie, MI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 9,959‑square‑foot motel property; Renovated 1950s roadside motel; Operating boutique vacation rental business
