111 12 Mile Road Hospitality
  • Total Rooms
    14Total Rooms
  • Size
    5,184 SFSize
  • Acres
    ~0.29 acAcres
  • Zoning
    Neighborhoo…Zoning
  • Property Type
    HospitalityProperty Type
  • Year Renovated
    2023Year Renovated

Description

111 12 Mile Road is a 14-room hospitality property offered for sale in Royal Oak, MI. The 5,184 SF building was renovated in 2023, giving buyers a defined lodging asset to review rather than a site without an existing hospitality layout.

The room count and building size put the operating focus on the individual guest experience and the use of space within the property. A buyer can consider how the existing layout supports guest rooms alongside the functions needed to run the business. The 2023 renovation is relevant to that review, while the building’s configuration remains central to an operating plan. The property occupies 0.29 acres, so the building and its site can be considered together when reviewing how the current hospitality operation fits the parcel.

The property is zoned Neighborhood Business. That designation is an important part of the buyer’s review of the site and any plans beyond its current hospitality use, without changing the immediate focus of this offering: an existing room-based property. Offered without an asking price, 111 12 Mile Road gives a hospitality operator or investor the opportunity to formulate a purchase approach around the building, the 2023 renovation and the role this property would play in their portfolio or business.

Offering Summary

  • Asking Price
    Unpriced
  • Property Type
    Hospitality
  • Size
    5,184 SF
  • Properties
    1
  • Total Acres
    ~0.29 ac

Documents

Property Address

111 12 Mile Road
Royal Oak, MI 48073

Property Details

  • Square Feet
    5,184 SF
  • Property Type
    Hospitality
  • Total Rooms
    14
  • Year Renovated
    2023
  • Acres
    0.29
  • Zoning
    Neighborhood Business

Deal Team

Michael Murphy profile image

Michael Murphy

Vice President
Gerdom Realty & Investment
MI RE Lic. 6501389134