Page 15 - October 2019 Listings by Great Lakes Realty & Auction
P. 15

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 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 indi-
                   vidually 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 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 origi-
                   nal 91-year old recipe, 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
                   offer 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 pro-
                   vides 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.

                   **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 timelines of the
                   purchase contract presented.
                                                                                                                 $4,300,000


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