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Northern Michigan Hotel for Sale – Ojibway Ramada Plaza

$ 4,900,000
240 West Portage Avenue, ,
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Exceptional opportunity to own a historic hotel in downtown Sault Saint Marie overlooking the internationally recognized Soo Locks. The Ojibway Ramada Plaza boasts 71 rooms including spacious suites with spa tubs, the award winning Freighters Restaurant and the Captains Pub. There is also an indoor pool, sauna and gym.

The Ojibway Ramada Plaza is located in the oldest city in MI, there are plenty of shops and tourist attractions.  The Soo Locks is right across the street from the Hotel and brings in many visitors to the area.  It is a set of parallel locks which enable ships to travel between  Lake Superior and the lower Great Lakes.  There is a park and a visitors center.

The Tower of History is 210 feet above the city of Sault Saint Marie with a 360 degree view of the city. 

The Sault Saint Marie International Bridge spans the St Marys River connecting the twin cities of Sault Saint Marie, MI and Sault Saint Marie, Ontario.  There is lots of history here and the Ojibway Ramada Plaza is centrally located to it all.  

 

PROPERTY FEATURES:
Historic Hotel
Banquet Rooms
Restaurant
Central Location to Downtown
Bar
Tourist Area
Pool/Sauna/Gym
Tastefully Decorated Rooms

Address: 240 West Portage Avenue
State:
Zip: 49783
Country: United States
Property Id : 118504
Price: $ 4,900,000
Listing #: 21012-16059
Lot Size (AC): 0.91000
Property Building Size (SF): 49487
Year Built: 1927
Office ID: 4758
Listing Agent

Ives, Diane

United Country - Great Lakes Realty & Auction

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