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    Carleton, MI
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    Carleton, MI Hospitality Properties for Sale

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    Profitable Motel Business Opportunity
    Updated: Nov 28, 2025
    Profitable Motel Business Opportunity

    Carleton, MI 48117

    $649,900
    2.57 AC lot
    Profitable 16‑unit motel business with real estate included.
    Spacious 2.57‑acre property with 308 feet of frontage on busy Telegraph Rd.
    Opportunity to add 3 additional units adjacent to owner's quarters.
    All motel equipment included (beds, TVs, microwaves, A/C units, bedding, etc.).
    Established business with long‑term ownership (since 1994).
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    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 10 Potential Opportunities for your consideration. Besides 1 Active listings in Carleton, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    View details
    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.

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    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.

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    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.

    View details

    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.

    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.

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    Monroe Land For Sale
    Monroe Land For Sale

    N Telegraph Road, Monroe, MI 48162

    $249,900
    6.23 AC lot

    6.2 acres of commercial land in Monroe, Michigan.

    View details
    Land
    Land

    10467 Willis Road, Willis, MI 48191

    $99,900
    5.23 AC lot

    Commercial land · 5.23 Acres

    View details
    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.

    View details

    Off-Market Properties in Carleton, MI

    Consider similar Off-Market properties in Carleton, 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.

    11920 Telegraph Rd
    MOTEL

    11920 Telegraph Rd, Carleton, MI 48117-9045

    Estimated value:
    $365,000
    2,537 sqft 2.57 AC lot
    View details

    Carleton, MI Hospitality Properties Market Trends and Statistics

    Explore 2 hospitality properties for sale in Carleton, MI on our real estate platform.

    Sale prices for hospitality properties in Carleton, MI average $649,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 2

    Demographics Overview

    Population 10K
    Population Growth (5Y) -0.2%
    Median Household Income $76,600
    College Educated 19.5%

    High-Yield Neighborhoods for Investment

    Identify Carleton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48117 $649.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.26%
    Property Tax per SF $83.60 per SF
    Average Loan-to-Value 65.0%

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