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Tru Living Group

infomi@trulivingroup.com +1(734) 746-5001

$ 1,500,000

Est. payment -/mo

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Active

111 12 Mile Road Royal Oak, MI 48073

5,184 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 5,184 sqft

Price per Sqft $289

MLS Listing ID 81025017655

Year Built 1962

Annual Tax Amount $13,282

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 64x200

Property Sub-Type Business And Real Estate

Source Greater Metropolitan Association of REALTORS®

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

Direction 12 Mile Road, west of Main Street

Interior

Heating Steam

Heat Source Natural Gas

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block

Schools

School District Royal Oak

Others

Tax ID 2516227023

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

Listed by Tjader Gerdom of GRI Homes for Today

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