25
See all 25 photos
$1,500,000
Est. payment /mo
14 Baths
5,184 SqFt
New
111 12 Mile Road Royal Oak, MI 48073
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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
Listed by GRI Homes for Today
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