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    Detroit, MI Hotels for Sale

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    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
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    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
    Hotel with Tavern & Liquor License
    Hotel with Tavern & Liquor License

    2305 Park Avenue, Detroit, MI 48201

    Contact for pricing

    A 13-story, 180-room hotel featuring the Town Pump Tavern and an accompanying liquor license.

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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 22 Potential Opportunities for your consideration. Besides 3 Active listings in Detroit, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

    Hotel With Brewpub and Restaurant
    Hotel With Brewpub and Restaurant

    2039 E Harbor Road, Port Clinton, OH 43452

    $1,431,000
    0.72 AC lot

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

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    Boutique Hotel with Full-Service Restaurant
    Boutique Hotel with Full-Service Restaurant

    255 W Lakeshore Dr, Port Clinton, OH 43452

    $3,295,000

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

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    Hotel with Indoor Pool and Suites
    Hotel with Indoor Pool and Suites

    5353 Gateway Center, Flint, MI 48507

    Contact for pricing

    Four-story hotel offering guest rooms, suites, an indoor heated pool, event space, and an on-site restaurant.

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    Limited-Service Hotel Off Interstate
    Limited-Service Hotel Off Interstate

    G3219 Miller Rd, Flint, MI 48507

    Contact for pricing

    Two-story exterior corridor hotel with 107 non-smoking NextGen guestrooms and free parking.

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    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
    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.

    View details
    Prime Location Commercial Land Available
    Prime Location Commercial Land Available

    2750 E Michigan Ave, Ypsilanti, MI 48198

    $675,000

    Commercial land near Amazon facility, Detroit Airport, and Ann Arbor.

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    Land
    Land

    10467, Willis, MI 48191

    $99,900
    5.23 AC lot

    Commercial land · 5.23 Acres

    View details
    General Commercial Development Land
    General Commercial Development Land

    10467 Willis Road, Augusta Twp, MI 48191

    $99,900
    5.23 AC lot

    Vacant general commercial acreage with 750 feet of frontage and convenient access to major highways for a range of retail and service uses.

    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.

    33 John R St
    HOTEL

    33 John R St, Detroit, MI 48226-2104

    $505,000
    Estimated value
    104,931 sqft 0.17 AC lot
    View details
    315 Burns Dr
    HOTEL

    315 Burns Dr, Detroit, MI 48214

    $6,450,000
    Estimated value
    186,277 sqft 1.21 AC lot
    View details
    64 Watson St, Unit 2
    HOTEL

    64 Watson St, Detroit, MI 48201-2762

    Unit 2
    $745,000
    Estimated value
    11,961 sqft 0.12 AC lot
    View details
    5801 Southfield Fwy
    HOTEL

    5801 Southfield Fwy, Detroit, MI 48228-3885

    $14,410,000
    Estimated value
    207,081 sqft 8.80 AC lot
    View details
    2250 14th St
    HOTEL

    2250 14th St, Detroit, MI 48216-1502

    $250,000
    Estimated value
    45,266 sqft 0.33 AC lot
    View details
    408 Temple St
    HOTEL

    408 Temple St, Detroit, MI 48201

    $375,000
    Estimated value
    142,500 sqft 0.34 AC lot
    View details
    11626 Woodward Ave
    HOTEL

    11626 Woodward Ave, Detroit, MI 48202-1131

    $275,000
    Estimated value
    27,408 sqft 0.31 AC lot
    View details
    2501 Worldgateway Pl
    HOTEL

    2501 Worldgateway Pl, Detroit, MI 48242-6298

    $320,000
    Estimated value
    384,000 sqft 2.00 AC lot
    View details
    1329 Temple St
    HOTEL

    1329 Temple St, Detroit, MI 48216

    $39,930,000
    Estimated value
    409,438 sqft 0.83 AC lot
    View details
    1999 Jefferson Ave
    HOTEL

    1999 Jefferson Ave, Detroit, MI 48207-4111

    $945,000
    Estimated value
    32,413 sqft 1.18 AC lot
    View details
    1000 Brush St
    HOTEL

    1000 Brush St, Detroit, MI 48226-2906

    $18,335,000
    Estimated value
    188,032 sqft 0.83 AC lot
    View details

    Detroit, MI Hotels Market Trends and Statistics

    Explore 14 hotels for sale in Detroit, MI, showcased through 3 active listings 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 resorts 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 4
    Campgrounds 2
    Motels 2
    Bed & breakfasts 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.

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    Most Searched ZIP Codes in Detroit, MI

    • 48201
    • 48214
    • 48216

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