Royal Oak, MI 48073 111 12 Mile Road
$1,500,000
20 more
Presented By: Tjader Gerdom at GRI Homes for Today - (248) 234-6789
Baths • 14
Home Details
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.
Presented By: Tjader Gerdom at GRI Homes for Today - (248) 234-6789
Interior Features for 111 12 Mile Road
Bathrooms
Total Baths14
Other Interior Features
Basement (Y/N)No
Heating Y/NYes
Total Stories2
General for 111 12 Mile Road
Additional Parcels Y/NNo
Business TypeOther
CityRoyal Oak
CountyOakland
Directions12 Mile Road, west of Main Street
Electric On Property Y/NNo
Full Baths14
HeatingSteam
High School DistrictCity of Royal Oak
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionT1N, 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-
Listing TermsConventional, Cash
Lot Size Square Feet12632.0
Lot Size UnitsAcres
MLS AreaOakland County - 70
MLS Area MinorOakland County - 70
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-25T12:50:14Z
New ConstructionNo
Number Of Units Total14
Property SubtypeRetail
Property TypeCommercial Sale
Rent Control Y/NNo
Senior CommunityNone
Standard StatusActive
StatusActive
Tax Annual Amount13282.0
Tax Assessed Value240570
Tax Year2024
TownshipRoyal Oak City
UtilitiesNatural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Waterfront Y/NNo
Year Built1962
Exterior for 111 12 Mile Road
Building Area Total5184.0
Crops Included Y/NNo
Horse Y/NNo
InclusionsReal Estate
Irrigation Water Rights Y/NNo
Lot Dimensions64x200
Lot Size Acres0.29
Lot Size Area0.29
Number of Buildings1
Open Parking Y/NNo
SpaNo
Additional Details
Price History
Jacob Schmiedel
Broker
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License #543277