Wayne County, 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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Updated: Jun 3

Historic Two-Story Mixed-Use Building

209 Main St, Belleville, MI 48111

$500,000

7,000 sqft

7000+ SF two‑story commercial building built in 1889
Wide open areas plus enclosed offices, kitchenettes, and multiple restrooms
Zoned commercial (City of Belleville B‑2 Central Business District) with many permitted uses
High‑traffic corner lot on Main Street in downtown Belleville
Ample parking with a 6‑car attached garage and Porte cochere; street parking also available

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Wayne County, MI, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

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 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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Waterfront Land on Spread Eagle

4829 Carpenter Road, Florence, WI 54121

$900,000

1.93 AC lot

Rare waterfront land with cabins on Spread Eagle's Chain.

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Wayne County, MI Bed & Breakfasts Market Trends and Statistics

Explore 2 bed & breakfasts for sale in Wayne County, MI on our real estate platform. These investment opportunities span a total of 15,019 square feet of properties for sale, with an estimated market value of $1,124,999.

Sale prices for inns in Wayne County, MI start at $500,000, averaging $562,499, and reaching up to $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.