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Canton, MI

Hospitality

Canton, MI Hospitality Properties for Sale

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Wayne, MI Romulus, MI Huron Twp, MI Belleville, MI Inkster, MI Garden City, MI Taylor, MI Dearborn Heights, MI

Travelodge Canton/Livonia Area Investment

Updated: Feb 5

Travelodge Canton/Livonia Area Investment

40500 Michigan Ave, Canton, MI 48188

Contact for pricing

27,686 sqft 2.04 AC lot

Lucrative investment opportunity: 83 units in a well‑maintained Travelodge by Wyndham.
Attractive price at $3,799,999 ($137.25 PSF).
Strong demographics: 2024 median household income of $71,051 within 1 mile.
Situated on a spacious 2.04‑acre lot with ample parking (1.08/room).
Property size of 27,686 SF.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 1 Active listings in Canton, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, 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.

Former Hotel Redevelopment Opportunity

Former Hotel Redevelopment Opportunity

2250 14th St, Detroit, MI 48216

$10,000,000

45,892 sqft

Four-story former hotel with 93 rooms and 1st-floor commercial space plus a 3,743 sq. ft. basement area.

Two-Hotel Hospitality Portfolio

Two-Hotel Hospitality Portfolio

2380 Carpenter Rd, Ann Arbor, MI 48108

Contact for pricing

4.54 AC lot

Two hotel properties are offered together at one Ann Arbor site.

Two-Hotel Hospitality Property

Two-Hotel Hospitality Property

2376 Carpenter Rd, Ann Arbor, MI 48108

Contact for pricing

4.54 AC lot

The Ann Arbor offering includes two hotels situated on a 4.54-acre site.

Midtown Development Opportunity

Midtown Development Opportunity

470 Martin Luther King Jr Blvd, Detroit, MI 48201

Contact for pricing

200 sqft

Motel suitable for redevelopment into an apartment building.

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.

Corner Commercial Land

Corner Commercial Land

7125 N LILLEY Road, Canton Twp, MI 48187

$550,000

0.60 AC lot

Commercially zoned corner parcel with separate access points from Lilley Road and Warren Road.

Land

Land

10467 Willis Road, Willis, MI 48191

$99,900

5.23 AC lot

Commercial land · 5.23 Acres

Commercial Land with Highway Access

Commercial Land with Highway Access

10467 Willis Road, Augusta Twp, MI 48191

$99,900

5.23 AC lot

Commercially zoned vacant land with public water and access to multiple regional highways.

Vacant Land on Telegraph Road

Vacant Land on Telegraph Road

27200 TELEGRAPH, Flat Rock, MI 48134

$74,900

Commercial land with high visibility and business potential.

Off-Market Properties in Canton, MI

Consider similar Off-Market properties in Canton, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3933 Lotz Rd

MOTEL

3933 Lotz Rd, Canton, MI 48188-2900

Estimated value:

$2,655,000

25,282 sqft 1.77 AC lot

3950 Lotz Rd

HOTEL

3950 Lotz Rd, Canton, MI 48188-2909

Estimated value:

$4,670,000

47,877 sqft 2.59 AC lot

40500 Michigan Ave

MOTEL

40500 Michigan Ave, Canton, MI 48188-2907

Estimated value:

$2,700,000

27,686 sqft 2.04 AC lot

41211 Frd Rd

HOTEL

41211 Frd Rd, Canton, MI 48187-3658

Estimated value:

$3,870,000

42,000 sqft 2.53 AC lot

1950 Haggerty Rd

HOTEL

1950 Haggerty Rd, Canton, MI 48187-3794

Estimated value:

$1,520,000

61,239 sqft 2.62 AC lot

5760 Haggerty Rd

HOTEL

5760 Haggerty Rd, Canton, MI 48187-3672

Estimated value:

$10,095,000

103,492 sqft 4.11 AC lot

2000 Haggerty Rd

HOTEL

2000 Haggerty Rd, Canton, MI 48187-3775

Estimated value:

$4,540,000

46,541 sqft 2.80 AC lot

5700 Haggerty Rd

HOTEL

5700 Haggerty Rd, Canton, MI 48187-3672

Estimated value:

$8,320,000

85,322 sqft 3.83 AC lot

Canton, MI Hospitality Properties Market Trends and Statistics

Explore 9 hospitality properties for sale in Canton, MI on our real estate platform. These investment opportunities span a total of 27,686 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 98K

Population Growth (5Y) +7.8%

Median Household Income $118,006

College Educated 78.8%

Taxes & Financing

Tax Rate (average for all types) 4.39%

Property Tax per SF $81.29 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wayne County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Canton fall within the 100,000+ square foot range.

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