Page 15 - August 2019 Online Edition
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RAMADA PLAZA OJIBWAY HOTEL
                                          240 WEST PORTAGE AVENUE,  SAULT STE. MARIE

                    HISTORIC HOTEL 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 open-
                    ing 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 de-
                    signed 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 ex-
                    perience 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 communi-
                    ties 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 OJIBWAY HOTEL —
                    Freighter’s Restaurant in the Ojibway Hotel is a full service Restaurant and Bar offering business break-
                    fasts, 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 rec-
                    ipe, along with several delicious desserts.
                                             — MEETING & 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 of-
                    fer in-house catering menus for  breakfast, lunch, dinner, hors-d’oeuvres, and dessert. Audio, visual and
                    other support equipment is available.
                                                  — ASSETS & 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 auto-
                    motive 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 down-
                    town  parking  facility  of  any  business  in  the  area.  With  very  limited  space  in  downtown  this  provides
                    guests  convenient vehicle access.

                    **Financials provided to qualified buyers only, all due diligence beyond general information, (gross income), will
                    be disclosed after NDA execution and purchase contract presentation.  Due diligence will be done inside the time-
                    lines of the purchase  contract presented.

                                                          $4,300,000

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