Seaway Motel 1800 Ashmun St 18 Room Hotel Sault Sainte Marie, MI 49783 $995,000 ($55,278/Room)

1800 Ashmun Street presents an opportunity to acquire a turn-key hospitality asset positioned along Ashmun Street, one of Sault Ste. Marie’s primary commercial corridors. The property consists of an 18-unit motel with an owner’s quarters and benefits from visibility, accessibility, and proximity to the city’s tourism, educational, and maritime economic drivers.
The asset is located within a market supported by year-round visitation, cross-border activity with Ontario, and the region’s transportation and shipping industries. Nearby demand generators include Lake Superior State University, the Soo Locks visitor area, regional commercial services, and employment centers throughout the eastern Upper Peninsula. The ongoing Soo Lock infrastructure investment is expected to continue attracting contractors, business travelers, and workforce-related lodging demand to the area.
Recent ownership improvements include a new roof installed in 2026 and updates to several guest accommodations, helping reduce near-term capital expenditure requirements while enhancing guest appeal. The combination of established operations, continued infrastructure investment in the region, and a location along a well-traveled commercial route creates an opportunity for investors seeking cash flow or owner-operators looking to expand their hospitality portfolio.