Historic Hotel For Sale in Sault Sainte Marie

Sault Sainte Marie, MI
Chippewa County

Asking Price: Annual Revenue:
$4,300,000 Not Disclosed

Services: Hotel, Motel, Lodging

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RE: Historic Hotel For Sale in Sault Sainte Marie Broker: United Country Property Specialists

Quick Facts

Asking Price: $4,300,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1928
Employees: Not Disclosed
BBN Listing #: 545224203
Broker Reference #: 05071-77777

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Business Overview:

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 Historical Society of Michigan, our famous hotel is the social hub of the Sault since opening day in 1927.

Ojibway Hotel details

The 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 suites that include views of freighters passing through the Soo Locks, the historic downtown area, as well as the St. Mary’s River and International Bridge, you are sure to experience warmth, romance, and charm with every overnight stay.

Ojibway Hotel Location

Sault Ste. Marie is the county seat of, Chippewa County in the U.S. state of Michigan. It is situated on the northeastern end of Michigan's Upper Peninsula, on the Canada–US border, and separated from its twin city of Sault Ste. Marie, Ontario by the St. Mary’s River. The city is relatively isolated from other communities in Michigan and is 346 miles from Detroit. The population was 14,144 at the 2010 census, making it the second-most populous city in the Upper Peninsula. By contrast, the Canadian Sault Ste. Marie is much larger, with more than 75,000 residents, based on more extensive industry developed in the 20th century and an economy with closer connections to other communities.

Dining at the Ojibway Hotel

Freighter’s Restaurant in the Ojibway Hotel is a full-service Restaurant and Bar offering business breakfasts, casual lunches, and romantic dinners. We also invite you to unwind over cocktails with friends or colleagues. Freighter’s Restaurant and Lounge is open for any occasion.

You’ll have to try our famous prime rib, fresh Lake Superior whitefish, steaks, and daily chef features. Of course, no meal would be complete without trying our chicken gumbo that has been passed down from the original 91-year old recipe, along with several delicious desserts.

Meetings and Conference Facilities

The Ojibway Hotel has three separate banquet rooms; Osborn, Portage and MacArthur rooms, offering a combined total of over 2,000 square feet of open meeting space that is ideal for up to 150 guests. We offer in-house catering menus for breakfast, lunch, dinner, hors-d’oeuvres, and dessert. Audio, visual and other support equipment is available.

Assets and Advantages

Located directly across from the International shipping channels of the Soo Locks, the property provides hospitality services to many of the shipping companies and the staff who work for them.

The winter automotive test track attracts executives and businesses to the area that use the Hotel for all their hospitality needs for staff during the months of Jan thru April. Ford, Toyota, Mercedes, Husqvarna, Bosch, Cooper Tires Daimler Chrysler all call the Ojibway Hotel Home in the winter.

The Hotel owns the largest downtown parking facility of any business in the area. With very limited space in downtown, this provides guests convenient vehicle access.

Listing ID: 05071-77777

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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