1200 Ashmun Street $1,300,000

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    1200 Ashmun Street Sault Sainte Marie, MI 49783

    • 15,040 sq. ft.
    • Commercial
    • MLS# 474453
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    Views: 23 Days On Site: 101

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    Property 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!

    • General Features
      • Above Ground Sq Footage 14500
      • Association No
      • County Chippewa
      • Features Cable TV, Refrigerator, Off-Street Parking, Air-Conditioning, Common Area, Ample Parking, Exhaust Fan, Patio/Deck, Paved Roads
      • Heat1 Boiler, Electric Baseboard
      • Total Sq Ft 15040
      • Township Other/See Remar
      • Type1 Business Opportunity, Hotel / Motel, Residential Included
      • Utilities Electricity
      • Water City
      • Water Front Water Access Neither
      • Water Heater Natural Gas
      • Water View No
    • Building Features
      • Basement Crawl, Slab, Partial, Other
      • Construction Wood Frame
      • Num Of Units 41
      • Roof Other/See Remarks
      • Stories One
    • Room Features
      • Bedrooms 44
      • Full Bathrooms 43
      • Num Of Restrooms 0
    • Schools
      • School District Other
    • Additional Features
      • Current Business Type Hotel / Motel / Resort
      • Inventory Included Y
      • Sewer City

    Neighborhood

    49783 (Sault Sainte Marie) Demographics

    37 Median Age
    101 Population Density (per sq. mile)
    35% College Educated
    $50,152 Estimated Median Income
    4,966 Estimated Total Home Owners
    3,149 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    19,250 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    21 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,300,000
        7/26/2024 4:36:00 PM New in Database Source: Multiple Listing Service New Value: $1,300,000

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        All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor RE/MAX of Michigan shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Northern Michigan MLS, Inc © All rights reserved.

        NM-MLSX (IDX) information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.