Back to Search
21-Unit Hospitality Property

1707 Ashmun St Sault Sainte Marie, MI 49783

Claim this Listing
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:
54
Last Refresh:
Jul 12 at 7:06 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

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.


Investment Insights

Based on property information with market context.

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.

Key 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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Dental Office HVAC Service Kitchen & Bath Showroom Electrical Service Bakery (Bike/Boat/Book/etc) Store Nail Salon Garden Center Storage Facility Real Estate Agency

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

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
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message