Prime 23-Room Motel Investment Opportunity on Woodward Avenue
An exceptional opportunity to own a profitable fully operational 23-room motel located directly on Woodward Avenue, offering 160 feet of road frontage and unmatched exposure on Woodward, one of Michigan’s highest-traffic commercial corridors. Positioned on the border of Bloomfield Hills, this property benefits from premium surrounding demographics, high visibility, strong signage opportunities, and sits on a spacious half-acre lot in a desirable green-zone location. The motel generates impressive returns with an Actual NOI of $168,000, an 11 percent cap rate at the list price, and even stronger performance potential with flexible rental options that allow rooms to be rented by the day, week, or month. A Land Contract is available with $800,000 down, making this a rare and accessible investment opportunity for qualified buyers.
The property has been thoughtfully updated with a newer roof, new water heaters, new in-unit heating and cooling systems, and brand-new electrical throughout. Rooms have been remodeled, fully furnished, and are ready for continuous occupancy. A clean, well-maintained parking lot offers generous parking options for guests and increases overall convenience and appeal. The location continues to stand out with close proximity to major destinations—only eight minutes from Carl’s Golfland, five minutes from Trinity Health, close to the I-75 Freeway, and twenty minutes from Orchard Lake Village—ensuring a steady flow of traffic and demand.
161 days
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309
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12
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Zillow last checked:
Listing updated:
Listed by:
Jiryes Jarrous313-320-1799,
Century 21 Curran & Oberski313-274-7200,
Ryia Braish313-274-7200,
Century 21 Curran & Oberski
Source: Realcomp II,MLS#: 20261011112
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 23
Bathrooms: 1
Full bathrooms: 23
Heating
Electric, Space Heater
Cooling
Wall Units, Window Units
Appliances
Laundry: Common Area
Features
Has basement: No
Has fireplace: No
Interior area
Total interior livable area: 6,567 sqft
Finished area above ground: 6,567
Property
Parking
Parking features: Parking Lot
Features
Levels: One
Stories: 1
Pool features: None
Lot
Size: 0.53 Acres
Dimensions: 160 x 175
Details
Parcel number: 1904202003
Zoning description: Commercial
Special conditions: Short Sale No,Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Common Entry Building
Property subtype: Multi Family
Materials
Vinyl Siding
Foundation: Slab
Roof: Asphalt
Condition
New construction: No
Year built: 1951
Major remodel year: 2024
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Above Ground Utilities
Community & HOA
Community
Features: Sidewalks
Security: Carbon Monoxide Detectors, Exterior Video Surveillance, Fire Alarm, Smoke Detectors
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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