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$ 1,500,000
Est. payment | /mo
14 Baths
5,184 SqFt
$ 1,500,000
Est. payment | /mo
14 Baths
5,184 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
Lot Size 0.290 Acres
Acres 0.29
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 Natural Gas, Steam
Fireplace No
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Royal Oak
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Tjader Gerdom of GRI Homes for Today