111 12 Mile RD Active

Royal Oak City,MI 48073

$ 1500000

- Bed

14 Baths

5184 SqFt


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

Schools

School District Royaloak

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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