20-Unit Downtown
For Sale
$1,200,000
427 W Portage Ave, Sault Sainte Marie, MI 49783
Commercial Sale, Sault Ste Marie, MI
Property Size7,673 SF
Price / SF$156.39
Days on Market371
Property Features for 427 W Portage Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Tourist
Exterior features
Furnished, High Traffic Locatn, High Visibility, Laundry, Living Quarters, Storage, View
Elementary school district
Sault Ste Marie
Middle school district
Sault Ste Marie
High school district
Sault Ste Marie
Directions
On W Portage Ave across from the Soo Locks.
Subdivision
11 - Sault Ste. Marie (West)
Standard status
Active
APN
051-148-374-00
Size
7,673 SF
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
8839
Utilities
Heating system
Natural Gas
Water source
Public
Amenities
garage
pole barn
shed
Building Details
Building materials
Masonry, Wood Frame, Mixed
Roof type
Metal, Shingle
Additional Structures
Storage
Listing Agency:
Superior Shores Realty
Listed By:
Melanie Davis
(906) 492-3750
Added: Aug 30, 2025
Changed: Sep 3
Last Checked: Sep 4 at 11:06AM
MLS# 25-900
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 20-unit motel at 427 W Portage Ave includes a 2-bedroom, 1-bath owner’s suite, guest laundry, storage, a garage, shed, and a 72-by-42-foot pole barn. Six units have been renovated, and furnishings, equipment, linens, the business name, website, goodwill, and future bookings are included. The property has masonry and wood-frame construction, natural-gas heat, public water, and a combination of metal and shingle roofing.
Set on more than one acre of commercial land in downtown Sault Ste Marie, the motel offers views toward freighters traveling through the Soo Locks and the international bridge to Canada. Shops, bars, and restaurants are within walking distance. Tourist zoning supports the property’s hospitality use.
Set on more than one acre of commercial land in downtown Sault Ste Marie, the motel offers views toward freighters traveling through the Soo Locks and the international bridge to Canada. Shops, bars, and restaurants are within walking distance. Tourist zoning supports the property’s hospitality use.
Key Highlights
- 20‑unit motel with a 2‑bedroom, 1‑bath owner’s suite
- 6 guest units renovated with Great Lakes‑themed finishes
- More than one acre of commercial land in downtown Sault Ste Marie
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
Well-served
Demand for This Use
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Hotel — 810 Ashmun St, Sault Ste. Marie, MI 49783
- Marquette, MI — 511 Ashmun St, Sault Ste. Marie, MI 49783
- Mid-City Motel — 304 E Portage Ave, Sault Ste. Marie, MI 49783
- Long Ships Motel — 427 W Portage Ave, Sault Ste. Marie, MI 49783
- Adoba Lockview Motel — 327 W Portage Ave, Sault Ste. Marie, MI 49783
Frequently Asked Questions
What type of property is this?
Motel - Tourist-zoned hospitality property with owner’s quarters, furnishings, and commercial support buildings.
Where is this motel located?
The property is located at 427 W Portage Ave Sault Sainte Marie, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 20‑unit motel with a 2‑bedroom, 1‑bath owner’s suite; 6 guest units renovated with Great Lakes‑themed finishes; More than one acre of commercial land in downtown Sault Ste Marie
