Advertise
    Detroit, MI
    Hospitality

    Detroit, MI Hospitality Properties for Sale

    Notify Me
    List
    Map
    Highland Park, MI Hamtramck, MI Dearborn, MI Wayne, MI River Rouge, MI Grosse Pointe, MI Grosse Pointe Park, MI Warren, MI
    Residential Income Property
    Updated: May 2
    Residential Income Property

    315 Burns Drive, Detroit, MI 48214

    Contact for pricing
    140,000 sqft
    Residential income property for sale at 315 Burns Drive, Detroit, MI 48214‑3955
    Reported size of 140,000 (per listing)
    View details
    Former Hotel Redevelopment Opportunity
    Updated: Dec 16, 2024
    Former Hotel Redevelopment Opportunity

    2250 14th St, Detroit, MI 48216

    $10,000,000
    45,892 sqft
    Four‑story former hotel built in 1923
    93 rooms throughout the property
    Commercial space on the 1st floor
    3,743 sq. ft. basement area
    View details
    See hot listings in Detroit

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    2 active listings match your search: Hospitality for sale in Detroit, MI. Based on your search, we've also compiled 57 Potential Opportunities for your consideration: 4 properties in nearby cities, 49 off-market properties to explore as potential leads, and 4 land listings with development potential.

    Opportunities in Nearby Cities

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

    Campground With Conference Center
    Campground With Conference Center

    6317 Old Us 23, Fenton, MI 48430

    $3,995,000
    58,814 sqft 40.00 AC lot

    Multi-building recreational property with lodging, worship, dining, aquatic, and outdoor activity improvements.

    View details
    Campground and Church Meeting Facility
    Campground and Church Meeting Facility

    6317 N Old US 23, Fenton, MI 48430

    $2,995,000
    41,790 sqft 30.00 AC lot

    Campground and church facility on approximately 30 acres for sale.

    View details
    Hotel With Brewpub and Restaurant
    Hotel With Brewpub and Restaurant

    2039 E Harbor Road, Port Clinton, OH 43452

    $1,431,000
    13,762 sqft  0.72 acres  2 buildings  Built 1994

    Hospitality property combining guest accommodations, dining facilities, and a patio in an active waterfront community.

    32 parking spaces
    View details
    Boutique Hotel with Full-Service Restaurant
    Boutique Hotel with Full-Service Restaurant

    255 W Lakeshore Dr, Port Clinton, OH 43452

    $3,295,000
    Built 2003

    Boutique hotel with 67 rooms and a 5,000 sf full-service restaurant overlooking Lake Erie.

    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.

    View details
    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.

    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

    $84,900
    5.23 AC lot

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

    View details

    Off-Market Properties in Detroit, MI

    Consider similar Off-Market properties in Detroit, 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.

    21350 Mcnichols Rd
    MOTEL

    21350 Mcnichols Rd, Detroit, MI 48219-3974

    Estimated value:
    $440,000
    18,097 sqft 0.77 AC lot
    View details
    14300 Telegraph Rd
    MOTEL

    14300 Telegraph Rd, Redford, MI 48239-3360

    Estimated value:
    $850,000
    27,850 sqft 1.98 AC lot
    View details
    22440 Plymouth Rd
    MOTEL

    22440 Plymouth Rd, Redford, MI 48239-1321

    Estimated value:
    $205,000
    6,359 sqft 0.17 AC lot
    View details
    20500 James Couzens Fwy
    MOTEL

    20500 James Couzens Fwy, Detroit, MI 48235-1848

    Estimated value:
    $445,000
    34,380 sqft 1.40 AC lot
    View details
    33 John R St
    HOTEL

    33 John R St, Detroit, MI 48226-2104

    Estimated value:
    $505,000
    104,931 sqft 0.17 AC lot
    View details
    25255 Grand Riv Ave
    MOTEL

    25255 Grand Riv Ave, Redford, MI 48240-1404

    Estimated value:
    $1,500,000
    32,036 sqft 1.34 AC lot
    View details
    20266 Woodward Ave
    MOTEL

    20266 Woodward Ave, Detroit, MI 48203-1083

    Estimated value:
    $380,000
    9,987 sqft 0.36 AC lot
    View details
    5777 Southfield Fwy
    MOTEL

    5777 Southfield Fwy, Detroit, MI 48228-3887

    Estimated value:
    $6,650,000
    68,198 sqft 4.22 AC lot
    View details
    1730 8th Mile Rd
    MOTEL

    1730 8th Mile Rd, Detroit, MI 48203-1260

    Estimated value:
    $485,000
    7,461 sqft 0.34 AC lot
    View details
    16920 Telegraph Rd
    MOTEL

    16920 Telegraph Rd, Detroit, MI 48219-3731

    Estimated value:
    $1,770,000
    20,557 sqft 1.16 AC lot
    View details
    12510 8th Mile Rd
    MOTEL

    12510 8th Mile Rd, Detroit, MI 48205-1046

    Estimated value:
    $280,000
    12,558 sqft 0.36 AC lot
    View details
    9939 Telegraph Rd
    MOTEL

    9939 Telegraph Rd, Redford, MI 48239-1421

    Estimated value:
    $2,170,000
    17,313 sqft 2.12 AC lot
    View details
    26825 Grand Riv Ave
    MOTEL

    26825 Grand Riv Ave, Redford, MI 48240-1544

    Estimated value:
    $705,000
    11,982 sqft 0.28 AC lot
    View details
    9430 Michigan Ave
    MOTEL

    9430 Michigan Ave, Detroit, MI 48210-2041

    Estimated value:
    $310,000
    13,992 sqft 0.70 AC lot
    View details
    1500 Grand Blvd
    MOTEL

    1500 Grand Blvd, Detroit, MI 48211-3450

    Estimated value:
    $90,000
    6,307 sqft 0.20 AC lot
    View details
    2211 Grand Blvd
    MOTEL

    2211 Grand Blvd, Detroit, MI 48208-1115

    Estimated value:
    $610,000
    19,369 sqft 0.72 AC lot
    View details
    315 Burns Dr
    HOTEL

    315 Burns Dr, Detroit, MI 48214

    Estimated value:
    $6,450,000
    186,277 sqft 1.21 AC lot
    View details
    12291 Harper Ave
    MOTEL

    12291 Harper Ave, Detroit, MI 48213-1732

    Estimated value:
    $445,000
    14,524 sqft 0.46 AC lot
    View details
    18844 Woodward Ave
    MOTEL

    18844 Woodward Ave, Detroit, MI 48203-1901

    Estimated value:
    $330,000
    8,486 sqft 0.20 AC lot
    View details
    64 Watson St, Unit 2
    HOTEL

    64 Watson St, Detroit, MI 48201-2762

    Unit 2
    Estimated value:
    $745,000
    11,961 sqft 0.12 AC lot
    View details
    20490 Greenfield Rd
    MOTEL

    20490 Greenfield Rd, Detroit, MI 48235-1854

    Estimated value:
    $325,000
    29,756 sqft 0.92 AC lot
    View details
    5841 2nd Ave
    MOTEL

    5841 2nd Ave, Detroit, MI 48202-3623

    Estimated value:
    $325,000
    7,740 sqft 0.28 AC lot
    View details

    Detroit, MI Hospitality Properties Market Trends and Statistics

    Explore 51 hospitality properties for sale in Detroit, MI on our real estate platform. These investment opportunities span a total of 185,892 square feet of properties for sale, with an estimated market value of $10,000,000.

    Sale prices for hospitality properties in Detroit, MI average $10,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 3
    Motels 1

    Demographics Overview

    Population 850K
    Population Growth (5Y) -4.2%
    Median Household Income $48,716
    College Educated 21.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48216 $10M

    Taxes & Financing

    Tax Rate (average for all types) 3.32%
    Property Tax per SF $36.71 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)

    Property Size Breakdown

    The majority of commercial real estate listings in Detroit fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Hospitality properties for Sale Near Detroit, MI

    Popular Searches in Detroit, MI

    Popular Categories

    Most Searched ZIP Codes in Detroit, MI

    • 48214
    • 48216

    Featured Detroit Real Estate Agencies

    Realmo connects you with licensed Detroit CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Downtown Realty
    500 Griswold Ste 2420 Detroit, MI 48226
    Phone: (313) 466-7253
    downtownrealty.us
    @properties Detroit
    3100 Woodward Ave, Suite 102 Detroit, MI 48201
    Phone: (313) 230-0510
    www.atpropertiesdetroit.com/
    Clyde Realty, LLC
    1331 Holden Street #232 Detroit, MI
    Phone: (248) 462-5508
    Why this one?
    Saved

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!