Hospitality Property with Attached
For Sale
$350,000
1712 Ashmun St, Sault Sainte Marie, MI 49783
COMMERCIAL - Sault Ste Marie, MI
Property Size5,293 SF
Price / SF$66.13
Days on Market93
Property Features for 1712 Ashmun St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-3
Subdivision
12 - Sault Ste. Marie (East)
Standard status
Active
Size
5,293 SF
Listing Agency:
Xpedition Summit Realty Group
Listed By:
Jeffrey Lipple · License #6501403199
(248) 930-4922
Added: May 6
Changed: Aug 4
Last Checked: Aug 6 at 7:06AM
MLS# 26-241
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 13 units and includes an attached single-family residence. The offering is positioned as a combined hospitality and residential setup, providing a straightforward configuration for an owner-operator or an investor seeking a mixed-use arrangement within the same structure(s). The property is listed in B-3 zoning.
The asset is located on a high-visibility corridor in Sault Ste. Marie. The address is 1712 Ashmun St, Sault Ste Marie, MI 49783, in Chippewa County. The listing also notes that the property may be purchased as a package with 1707 Ashmun.
For buyers evaluating an income-oriented hospitality asset, the 13-unit structure and the attached residence can support operational flexibility within one property. The combination of multiple units and an additional single-family component may appeal to operators looking to manage more than one living or lodging arrangement under the same ownership. Interested parties should review the specific unit mix and any applicable operating requirements during due diligence.
The asset is located on a high-visibility corridor in Sault Ste. Marie. The address is 1712 Ashmun St, Sault Ste Marie, MI 49783, in Chippewa County. The listing also notes that the property may be purchased as a package with 1707 Ashmun.
For buyers evaluating an income-oriented hospitality asset, the 13-unit structure and the attached residence can support operational flexibility within one property. The combination of multiple units and an additional single-family component may appeal to operators looking to manage more than one living or lodging arrangement under the same ownership. Interested parties should review the specific unit mix and any applicable operating requirements during due diligence.
Key Highlights
- 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)
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
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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Frequently Asked Questions
What type of property is this?
Hotel - Thirteen-unit hospitality property with an attached single-family residence, offered for sale in B-3 zoning.
Where is this hotel located?
The property is located at 1712 Ashmun St Sault Sainte Marie, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 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)
