111 12 Mile Road new

Royal Oak,MI 48073

$ 1500000

- Bed

14 Baths

5184 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,184 sqft

Price per Sqft $289

Municipality Royal Oak City

MLS Listing ID 25017655

Full Baths 14

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 Retail

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 Oakland County - 70

Direction 12 Mile Road, west of Main Street

Interior

Heating Steam

Inclusions Real Estate

Exterior

Utilities Available Natural Gas Available,Electricity Available,Natural Gas Connected,Electricity Connected

View Y/N No

Building

New Construction No

Schools

School District City Of Royal Oak

Others

Tax ID 25-16-227-023

Acceptable Financing Conventional,Cash

Listing Terms Conventional,Cash

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