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Additional details
$ 1,500,000
Est. payment /mo
Active
111 12 Mile RD Royal Oak, MI 48073
14 Baths
5,184 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 5,184 sqft
Price per Sqft $289
MLS Listing ID 81025017655
Year Built 1962
Property Sub-Type BusinessandRealEstate
Property Description
Located walking distance from downtown Royal Oak and just 1.5 miles west of I-75, this operating hotel is available for sale. The hotel has 14 units (1 is currently used for an office) and 24 dedicated onsite parking spaces. Each unit has its own full bath and large bedroom/living area. The building was renovated in 2023 both inside and out, modernizing the property for the next owner.
Location
State MI
County Oakland
Area Area02251Royaloak
Interior
Heating NaturalGas, Steam
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Building
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Royaloak
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Tjader Gerdom of GRI Homes for Today