Detroit, MI Bed & breakfasts for sale

Updated: Jan 17, 2025

Operating Inn and Palace House

22755 GRAND RIVER Avenue, Detroit, MI 48219

$624,999

8,019 sqft 0.41 AC lot

Multiple income streams from the operating Inn, Palace House, and a partitioned 2‑bedroom studio apartment.
Prime location in the Oak Grove District, adjacent to The Greater Sandhill area, on Historic Grand River Avenue, near developing area.
Large lot: Almost a half acre of land within a gated location.
Palace House features ceramic tile, stainless steel appliances, granite countertops, and center island.
Security features include CCTV security camera/video monitoring.

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This listing looks promising.

Here's a quick look at some key insights for

22755 GRAND RIVER Avenue, Detroit City, MI 48219

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Est. Cap Rate

7.7%
Above avg (5.9%)
Est. NOI

$48K
Annual
Price @ 7% Cap

$690K
Above asking
Last Sold

Oct 2024
$225K
Property Type

Residential Income
Built 1915

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Detroit, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Live-Work Building

505 Wildwood Avenue, Jackson, MI 49201

$550,000

6,357 sqft 0.30 AC lot

Four usable levels with preserved historic details, updated systems, and 8 bedrooms across 2 full and 3 half baths.

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Victorian Bed and Breakfast with Elevator

185 S Main Street, Romeo, MI 48065

$649,000

5,539 sqft 0.52 AC lot

Victorian bed and breakfast in village zoning with an elevator and off-street parking in the rear.

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Historic Downtown Mixed-Use Building

505 WILDWOOD AVE, Jackson, MI 49201

Contact for pricing

6,357 sqft

Multi-level historic building with updated systems and preserved character, suited for office, retail, or hospitality concepts.

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Victorian Mixed-Use Building

185 S Main Street, Romeo, MI 48065

$649,000

Victorian property with elevator, three-car garage, and extensive updates, offering village zoning flexibility and ample rear off-street parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Union Pier Land Opportunity

16351 Red Arrow Highway, Union Pier, MI 49129

$630,000

148,104 sqft 3.40 AC lot

3.40 acres near beach, close to downtown and beaches.

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Multi-Family Development Land

1301 W Tapp Road, Bloomington, IN 47403

$264,000

0.76 AC lot

Multi-family zoned parcel with quick I-69 access and potential townhouse or other mixed-use residential concepts.

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9-Acre Lot with Seneca Lake Views

Shumway Road, Burdett, NY 14818

$199,500

392,040 sqft 9.00 AC lot

9-acre lot in Finger Lakes Wine Region with lake views.

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Land Near Lake Cumberland Marina

81-107 N Gracie Lane, Russell Springs, KY 42642

$219,900

2.40 AC lot

2.4 acre land parcel near Lake Cumberland Marina.

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Detroit, MI Bed & Breakfasts Market Trends and Statistics

Explore 1 bed & breakfasts for sale in Detroit, MI on our real estate platform. These investment opportunities span a total of 8,019 square feet of properties for sale, with an estimated market value of $624,999.

Sale prices for inns in Detroit, MI average $624,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Detroit, MI Bed & Breakfasts for Sale

22755 GRAND RIVER Avenue, Detroit, MI 48219