20-Unit Motel with Owner
427 W Portage Ave Sault Sainte Marie, MI 49783
427 W Portage Ave, Sault Sainte Marie, MI, 49783
$1,200,000
For Sale
$1,200,000
COMMERCIAL - Sault Ste Marie, MI
Property Size7,673 SF
Price / SF$156.39
Days on Market141
Property Features for 427 W Portage Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Tourist
- Standard status
- Active
- Size
- 7,673 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8839
Building Details
- Flooring type
- 142067.00
Listing agency
Superior Shores Realty
(906) 492-3750
Listed by
Melanie Davis
(906) 492-3750
Added: Mar 2 Updated: Jun 3 at 6:02PM Checked: Jul 21 at 8:06AM
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 offering is a 20-unit motel designed for an owner-operator, including a two-bedroom, one-bath owner’s suite. Six of the motel units have already been renovated with Great Lake decor, supporting a guest-ready configuration. The property includes a garage, a 72x42 pole barn, and a shed, providing additional on-site storage and functional space for day-to-day operations.
The site is located in downtown Sault Ste Marie on more than one acre of commercial land. Public remarks highlight views of the Long Ships (freighters) coming into and exiting the Soo Locks, along with sightlines toward the international bridge to Canada. The motel is described as being within walking distance to shops, bars, and restaurants.
For a buyer looking to operate from the property, the combination of on-site housing and a complete motel setup—including furnishings, equipment, linens, the motel name, website, goodwill, and future bookings that are included in the sale—can support continuity at the time of transfer. The Tourist zoning further aligns with lodging use. The included lodging materials and operational assets, together with the existing land footprint and supplemental outbuildings, offer a practical platform for managing and running a hospitality business at one location.
The site is located in downtown Sault Ste Marie on more than one acre of commercial land. Public remarks highlight views of the Long Ships (freighters) coming into and exiting the Soo Locks, along with sightlines toward the international bridge to Canada. The motel is described as being within walking distance to shops, bars, and restaurants.
For a buyer looking to operate from the property, the combination of on-site housing and a complete motel setup—including furnishings, equipment, linens, the motel name, website, goodwill, and future bookings that are included in the sale—can support continuity at the time of transfer. The Tourist zoning further aligns with lodging use. The included lodging materials and operational assets, together with the existing land footprint and supplemental outbuildings, offer a practical platform for managing and running a hospitality business at one location.
Key Highlights
- 20‑unit motel with an owner’s suite featuring 2 BR and 1 BA
- 6 of the motel units have been renovated
- Over one acre of commercial land in downtown Sault Sainte Marie
Property Analytics
Location Intelligence
Current Use by Public Records
Motels
Similar For Sale Nearby
Similar Off Market Nearby
- Long Ships Motel — 427 W Portage Ave, Sault Ste. Marie, MI 49783
- Mid-City Motel — 304 E Portage Ave, Sault Ste. Marie, MI 49783
- Adoba Lockview Motel — 327 W Portage Ave, Sault Ste. Marie, MI 49783
- Hotel — 810 Ashmun St, Sault Ste. Marie, MI 49783
- Marquette, MI — 511 Ashmun St, Sault Ste. Marie, MI 49783
FAQs
What type of property is this?
Motel - Tourist-zoned motel property with an on-site two-bedroom owner suite and multiple renovated guest units.
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 an owner’s suite featuring 2 BR and 1 BA; 6 of the motel units have been renovated; Over one acre of commercial land in downtown Sault Sainte Marie