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    21-Unit Hospitality Property Title is generated by Realmo AI

    1707 Ashmun St, Sault Sainte Marie, MI 49783

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    For Sale
    $450,000

    COMMERCIAL - Sault Ste Marie, MI

    Property size:
    6,450 SF
    Price / SF:
    $69/SF
    Added:
    May 20, 2026
    Days on Market:
    34
    Last Refresh:
    Jun 22 at 12:06 am

    Property Features for 1707 Ashmun St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B-3
    Standard status
    Active
    Size
    6,450 SF

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    Listing Contact
    Jeffrey Lipple

    Listing agent Jeffrey Lipple License #6501403199

    Listing office Xpedition Summit Realty Group MI

    Listing date May 20, 2026

    MLS# 26-240

    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.

    HighLights

    • 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

    Overview

    This for-sale hospitality property consists of 21 units and is set up for income-producing lodging use. Recent capital work includes a newly installed flat roof, and renovations are currently ongoing, indicating active improvements to the building’s interior and/or operations-ready spaces. The property is listed under B-3 zoning, providing a commercial framework for appropriate use within the municipality.

    The building is located on a high-visibility corridor in the heart of Sault Ste. Marie, with the site positioned at 1707 Ashmun St in Chippewa County. The seller notes the asset may be purchased as part of a package with 1712 Ashmun, which can be relevant for buyers considering a multi-property acquisition strategy.

    From a tenant and operator standpoint, this is a straightforward multi-unit hospitality asset that can support ongoing lodging demand from the property’s existing configuration. For buyers, the combination of 21 units plus a recently completed roof component and active renovation work may reduce immediate exterior replacement concerns while continuing to advance interior readiness. Buyers should verify unit mix, condition details, and renovation scope during due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sault Sainte Marie
    County
    Chippewa
    State
    Michigan
    Longitude
    -84.353564
    Latitude
    46.48399

    FAQs

    What type of property is this?
    Hotel - For sale 21-unit hospitality property with a newly installed flat roof and renovations underway under B-3 zoning.
    Where is this hotel located?
    The property is located at 1707 Ashmun St Sault Sainte Marie, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 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
    More about this property
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