Wayne County, MI Hospitality Properties for Sale

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12 properties

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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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Profitable Motel Investment Opportunity

13450 dix toledo Rd, Southgate, MI 48195

$699,000

0.28 AC lot

15-unit motel with manager's apartment, high cap rate.

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42-Unit Independent Motel

28525 MICHIGAN AVE, Inkster, MI 48141

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14,432 sqft 0.79 AC lot

Two-story main building with single-story brick wings, surface parking, and ongoing flooring upgrades.

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

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.

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Travelodge Canton/Livonia Area Investment

40500 Michigan Ave, Canton, MI 48188

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27,686 sqft 2.04 AC lot

Profitable 83-unit hospitality property in a sought-after location.

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Residential Income Property

315 Burns Drive, Detroit, MI 48214

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140,000 sqft

For sale residential income property at 315 Burns Drive in Detroit, with a reported size of 140,000.

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Comfort Suites Southgate Investment Opportunity

18950 Northline Rd, Southgate, MI 48195

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46,660 sqft

Profitable hospitality property in a growing market, Southgate, Michigan.

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Hotel with Tavern & Liquor License

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200 sqft

Motel suitable for redevelopment into an apartment building.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 12 Active listings in Wayne County, MI, we suggest exploring several alternatives: similar 60 Off-Market properties to explore as potential leads, 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.

Romulus Retail Development Opportunity

32870 Wick Road |, Romulus, MI 48174

Contact for pricing

30.00 AC lot

Highway service retail development site near Detroit Metropolitan Airport.

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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.

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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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Prime Location Commercial Land Available

2750 E Michigan Ave, Ypsilanti, MI 48198

$675,000

$205,000

Estimated value

6,359 sqft 0.17 AC lot

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Wayne County, MI Hospitality Properties Market Trends and Statistics

Explore 72 hospitality properties for sale in Wayne County, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 323,954 square feet of properties for sale, with an estimated market value of $11,823,999.

Sale prices for hospitality properties in Wayne County, MI start at $500,000, averaging $2,955,999, and reaching up to $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.

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