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18-Unit Motel with Owner's Quarters
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 Market95

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 Baseboard, Electric (Heating)
Cooling system Wall Unit(s)
Water source Public

Building Details

Building materials Masonry, Wood Frame
Listing Agency: OUTSIDE OFFICE
Listed By: AGENT OUTSIDE
Added: Jul 21 Changed: Oct 17 Last Checked: Oct 23 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.

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Investment Insights

Based on property information with market context.

The motel contains 18 guest units and owner’s quarters on a 0.40-acre corner parcel at 1800 Ashmun St. Construction combines masonry and wood framing. Guest rooms have electric baseboard heat and individual wall-mounted air-conditioning units. Several units have received flooring and paint updates, and a new roof was installed in 2026. The owner’s quarters remain available for completion; a city-approved floor plan is included.

The property fronts the I-75 Business Loop in Sault Ste. Marie. The listing identifies the Soo Locks, Kewadin Casino and Lake Superior State University as nearby destinations. The motel is zoned Commercial and currently operates with month-to-month tenancies.

Key Highlights

  • 18 guest units plus owner’s quarters
  • 0.40‑acre corner property fronting the I‑75 Business Loop
  • 10.5% cap rate stated in listing information

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Motels

Suggested Use

Top Pick Dental Office HVAC Service Kitchen & Bath Showroom Electrical Service Law Firm Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Commercial zoning and a corner position along the I-75 Business Loop define this established lodging property.
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 guest units plus owner’s quarters; 0.40‑acre corner property fronting the I‑75 Business Loop; 10.5% cap rate stated in listing information
More about this property
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