Property Details

1200 Ashmun Street, Sault Sainte Marie

Listing Details

**Price Improvement** Are you looking to get out of the rat race of the city? Come to the beautiful Upper Peninsula of Michigan and enjoy all nature has to offer. Be your own boss and take ownership of this well kept, profit generating motel business. It includes 41 guest rooms as well as a 3 bedroom, 2 bath apartment with a deck overlooking a spectacular view of Sault Ste. Marie, the 3rd oldest permanent city in the United States. You can tell this property has been treated with TLC over the last 35 years and the business reputation is stellar. New roof 2018/22. The 8 year construction of the "Super Lock" has just begun and many rooms are long term stays by construction workers. A great business, a lovely small town steeped in history, and a relaxing environment for you to enjoy. This place has it all!

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1200 Ashmun Street
Sault Sainte Marie MI, 49783

$1,300,000

  • Bedrooms 44
  • Square Ft 15,040
  • School District Other
  • County Chippewa
  • Water View No
  • Waterfront No
  • Type Commercial/ Industrial
  • Subtype Business Opportunity, Hotel / Motel, Residential Included
  • Zoning Commercial
  • Current Business Hotel / Motel / Resort
  • Water City
  • roof Other/ See Remarks
  • water heater Natural Gas
  • sewer City
  • utilities Electricity
  • # of Units 41
  • stories One
  • heat Boiler, Electric Baseboard
  • Features Cable TV, Refrigerator, Off-Street Parking, Air-Conditioning, Common Area, Ample Parking, Exhaust Fan, Patio/ Deck, Paved Roads
  • Construction Wood Frame
  • Basement Crawl, Slab, Partial, Other
  • Listing Courtesy of Coldwell Banker Schmidt - Petoskey

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