Motel

Sault Sainte Marie, MI Motels for Sale

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Kinross, MI Pickford, MI
Motel with Swimming Pool
Updated: Apr 24, 2025
Motel with Swimming Pool

Sault Sainte Marie, MI 49783

$1,250,000
9,959 sqft
9,959‑square‑foot motel, renovated from its 1950s origins
Pool, laundry facilities, and living quarters on site
Furnished property with fire alarm, smoke detectors, and security system
Masonry and wood‑frame construction with shingle roof
Electric heat, wall‑unit cooling, and public water
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18-Unit Motel with Owner's Quarters
Updated: Jul 21
18-Unit Motel with Owner's Quarters

Sault Sainte Marie, MI 49783

$995,000
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
New roof installed in 2026
Several guest units updated with flooring and paint
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18-Unit Motel with Owner’s Quarters
18-Unit Motel with Owner’s Quarters

Sault Sainte Marie, MI 49783

$995,000
4,528 sqft 0.40 AC lot

Operating motel with month-to-month tenants and an unfinished owner’s residence supported by a city-approved floor plan.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Sault Sainte Marie, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Motel With Standalone Cottages
Updated Motel With Standalone Cottages

4871 US Highway 31 N, Central Lake, MI 49622

$1,674,900
5,654 sqft 2.76 AC lot

Lodging property with guest accommodations, on-site living quarters, a garage/workshop, parking, and landscaped outdoor areas.

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Motel with Standalone Cottages
Motel with Standalone Cottages

Central Lake, MI 49622

$1,674,900
5,654 sqft

Hospitality property with guest rooms, detached cottages, owner-operator living space, and outdoor areas near Torch Lake and Lake Michigan.

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Motel Complex with Kitchen Units
Motel Complex with Kitchen Units

12520 State Street, Atlanta, MI 49709

$529,000

Commercially zoned motel with kitchen-equipped units, on-site laundry, and an additional two-story hall building.

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Established Atlanta Motel For Sale
Established Atlanta Motel For Sale

12520 State St. Atlanta MI, Atlanta, MI 49709

Contact for pricing

Motel with income growth opportunity in Atlanta, Michigan.

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Sault Sainte Marie, MI Motels Market Trends and Statistics

Explore 3 motels for sale in Sault Sainte Marie, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,487 square feet of properties for sale, with an estimated market value of $3,240,000.

Sale prices for motels in Sault Sainte Marie, MI start at $995,000, averaging $1,080,000, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 3
Campgrounds 1

Demographics Overview

Population 24K
Population Growth (5Y) -18.3%
Median Household Income $58,587
College Educated 10.4%

High-Yield Neighborhoods for Investment

Identify Sault Sainte Marie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49783 $849K

Taxes & Financing

Tax Rate (average for all types) 3.35%
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Chippewa County

New Delisted

Total CRE Inventory on Market (SF)

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