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240 W Portage Avenue $4,300,000

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240 W Portage Avenue Sault Ste Marie, MI 49783

  • 49,487 sq.ft.
  • Commercial
MLS# 305647 | Active

$4,300,000

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Days On Market: 823 56 Views
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Property Details

Historic Michigan Hotel for Sale in Sault Sainte Marie - The Ramada Plaza Ojibway Hotel. This Historical Hotel is located in the downtown area of Sault Sainte Marie Michigan. Visitors to the Ramada Plaza Ojibway Hotel enjoy the majestic views, rich history and full-service hospitality in Sault Ste. Marie. Inducted into the Historic Society of Michigan, our famous hotel is the social hub of the Sault since opening day in 1927.Ojibway Hotel detailsThe Ojibway Hotel offers old-world elegance, contemporary comfort, and full-service accommodations in Sault Ste. Marie, Michigan. The Ramada Plaza Ojibway Hotel has been hosting families, business people, celebrities, and presidents alike. With 71 guest rooms that are beautifully furnished and individually designed and decorated, as well as

  • General Features
    • Type Hospitality
    • Business Information Business Opportunity,Income Property
    • Year Built 1927
    • SqFt. Total 49,487
    • Extras Elevator, Fire Sprinklers Sys, Kitchen Area, Landscaped, Laundry, Loading Dock, Lounge/Bar, Pool, Recreation Facility, Refrigerated Storage, Restaurant, Restroom (s), Sauna/Steam, Smoke Detectors, Storage
    • Subdivision T47N R1E
    • County Chippewa
  • Building Features
    • Construction Concrete Block, Frame
    • Total Units 71
    • Basement Block Foundation, Crawl Space, Outside Entrance, Partial Finish, Poured Concrete Fnd
    • Accessibility 42 in eq/+ Hallway, Access-Bathroom Sink, Access-Kitchen Sink, Covered Entrance, No-Step Entrance, Ramped Entrance
    • Heating/Air Conditioning Baseboard,Central Air,Forced Air,Hot Water,Natural Gas,Zoned
  • Property Features
    • Lot Size .91 Acre
    • Parking Parking Lot, Paved
    • Lake/River Name None
    • Road Blacktop, Paved
    • Driveway Blacktop
    • Electric On Site
    • Sewer Municipal
    • Water Municipal
    • Gas On Site
  • Schools
    • School District Sault Ste Marie

Contact

Craig Hinkle

Broker/Owner

RE/MAX of Grayling

Office Phone: 989-348-7440

Neighborhood

49783 (Sault Ste Marie) Demographics

37Median Age
130Population Density (per sq. mile)
33%College Educated
$40,768Estimated Median Income
4,954Estimated Total Home Owners
2,953Estimated Total Renters
63% / 37%Estimated Owner / Renter Divide
2Estimated Average Household Size
19,672Total Population

Market Last 30 Days

$49,900 Median Sales Price
1 Homes Sold
16 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $4,300,000
      12/17/2018 10:55:18 AM Price Increased Source New Value: $4,300,000 13.16%
      11/17/2016 10:30:00 AM New in Database Source New Value: $3,800,000

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      The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than the firm which owns this website are marked with the WWLX logo and the detailed information about said listing includes the listing office. 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 the broker which owns this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Water Wonderland MLS, Inc © All rights reserved.