1800 Ashmun St Sault Sainte Marie, MI 49783

Building Details

Number of units

19

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Added: Jul 21 Checked: Jul 22 at 12:06PM

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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.

This turn-key motel features 18 guest units along with an owner’s quarters. The property is being offered as an income-oriented hospitality asset and includes a brand-new roof installed in 2026.

The motel is located at 1800 Ashmun St in Sault Ste. Marie, Michigan 49783, in Chippewa County. The property is designated for commercial use under the provided zoning information.

Key Highlights

• 18‑unit motel investment with an Owner's Quarters in Sault Ste. Marie, MI
• Stated 10.5% cap rate based on 100% occupancy in the provided remarks
• Brand new roof installed in 2026, reducing near‑term capital expenditure

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Similar Off Market Nearby

• The Guest House - — 2049 Ashmun St, Sault Ste. Marie, MI 49783
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FAQs

What type of property is this?

Motel - Turn-key motel with 18 units plus owner's quarters, commercial zoning, and a brand-new 2026 roof.

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‑unit motel investment with an Owner's Quarters in Sault Ste. Marie, MI; Stated 10.5% cap rate based on 100% occupancy in the provided remarks; Brand new roof installed in 2026, reducing near‑term capital expenditure