111 12 Mile Road new

Royal Oak,MI 48073

$ 1500000

- Bed

- Bath

5184 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,184 sqft

Price per Sqft $289

Subdivision Mi

MLS Listing ID 70464317

Year Built 1962

Annual Tax Amount $13,282

Tax Year 2024

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 64x200

Property Sub-Type Commercial/Industrial

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 Royal Oak (63251)

Interior

Heating Steam

Building

Structure Type Block

Others

Energy Description Natural Gas

Financing Cash,Conventional

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