Property Type:
Commercial Sale
Square Footage:
5,184
Lot Size (sq. ft.):
12,632
Status:
Active
Current Price:
$1,500,000
List Date:
4/25/2025
Last Modified:
4/25/2025
111 12 Mile Road, Royal Oak, MI 48073
$1,500,000
Overview
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.
Listing Details MLS# 25017655
Location Property Info
- County
- Oakland
- Street #
- 111
- Street Name
- 12 Mile
- Suffix
- Road
- State
- MI
- Zip Code
- 48073
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.29
- Lot Square Footage
- 12632
- Lot Dimensions
- 64x200
- Year Built
- 1962
- Road Frontage
- 64
- Total # Units
- 14
- # Fin Bldg Lvls
- 2
- Total # Bldgs
- Yes
- Total SqFt
- 5184
- Full Baths
- 14
- Waterfront
- No
- School District
- City of Royal Oak
Tax Info
- Tax ID #
- 25-16-227-023
- Taxable Value
- 240570
- SEV
- 240570
- For Tax Year
- 2024
- Seller's Annual Property Tax
- 13282
- Tax Year
- 2024
- Spec Assessment & Type
- None
- Homestead %
- 0
Remarks Misc
- Directions
- 12 Mile Road, west of Main Street
Location & Property Info
- Cross Streets
- 12 Mile & Main
- Property Sub-Type
- Retail
- Area
- Oakland County - 70
- Municipality
- Royal Oak City
More Information
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 289.35
- Prop Avail for Lease?
- No
Remarks & Misc
- Legal
- T1N, R11E, SEC 16 ASSESSOR'S PLAT NO 25 E 1/2 OF LOT 3, ALSO THAT PART OF W 1/2 OF LOT 3 DESC AS BEG AT PT DIST N 88-
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Other
- Yes
Construction Type
- Block
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Heat Type
- Steam
- Yes
Business Includes
- Real Estate
- Yes
Util Avail at St
- Electricity Available
- Yes
- Natural Gas Available
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Property Features
Uses:
Other
Business Includes:
Real Estate
Construction Type:
Block
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected
Util Avail at St:
Electricity Available; Natural Gas Available
Heat Source:
Natural Gas
Heat Type:
Steam
Purchase Terms Avail:
Cash; Conventional
Sale Conditions:
None
Listing Office:
GRI Homes for Today
Listing Agent:
Tjader Gerdom
Last Updated: April - 25 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
