Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    111 12 Mile Rd Royal Oak, MI 48073

    For Sale
    $1,500,000

    SINGLE_FAMILY - Royal Oak, MI

    Type:Retail
    Property size:
    5,184 SF
    Lot size:
    0.29 Acres
    Days on Market:
    225
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 111 12 Mile Rd

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 6, Bathroom 11, Bathroom 7, Bathroom 3, Bathroom 9, Bathroom 4, Bathroom 12, Bathroom 5, Bathroom 8, Bathroom 13, Bathroom 14, Bathroom 1, Bathroom 2, Bathroom 10
    Bathrooms
    14
    APN
    25-16-227-023
    Size
    5,184 SF
    Lot size
    0.29 Acres

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Steam

    Building Details

    Year built
    1962
    Floors in Building
    2
    Number of units
    14

    GRI Homes for Today (248) 234-6789

    Listing agent Tjader Gerdom (248) 515-7606

    Listing date Apr 25, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Royal Oak Hotel for Sale

    Located within walking distance of downtown Royal Oak and 1.5 miles west of I-75, this operating hotel is available for sale. The property features 14 units, with one currently used as an office. Each unit includes a full bath and a large bedroom/living area. There are 24 dedicated on-site parking spaces. The building, which has a size of 5184 square feet and sits on a 0.29-acre lot, was renovated in 2023, both inside and out.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    City Motel Telephone Exchange

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.145521
    Latitude
    42.503936

    Nearby Similar for Sale

    • $549,000
      2,125 SF

      Vintage Farmhouse in Downtown Royal Oak

      Charming 1906 farmhouse with modern updates near downtown Royal Oak.
      338 W Harrison Ave, Royal Oak, MI 48067
      View Details
    • $649,900
      2,067 SF

      Renovated Royal Oak Commercial Office

      Modern, renovated 2,257 SF office building in Royal Oak.
      1504 E 11 Mile Rd, Royal Oak, MI 48067
      View Details
    • $289,900
      3,694 SF

      Royal Oak Automotive Shop

      3,694 SF automotive shop in downtown Royal Oak.
      32044 Woodward Ave, Royal Oak, MI 48073
      View Details
    • New
      $450,000
      1,220 SF

      Royal Oak Office with Parking

      Classy Royal Oak office space with parking and updated features.
      417 E 4Th St, Royal Oak, MI 48067
      View Details
    • $369,000

      Downtown Royal Oak Luxury Loft

      Stunning 2-bedroom, 2-bath loft with city views and premium amenities.
      350 N Main St, Royal Oak, MI 48067
      View Details
    • $199,900

      Farming Supply Company Opportunity

      Turn-key farming supply business with real estate, inventory, and equipment.
      508 N Main St, Royal Oak, MI 49639
      View Details

    FAQs

    What type of property is this?
    Hotel - Operating 14-unit hotel near downtown Royal Oak, renovated in 2023.
    Where is this hotel located?
    The property is located at 111 12 Mile Rd Royal Oak, MI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Walking distance to downtown Royal Oak.; - Renovated in 2023, modernizing interior and exterior.; - Operating hotel with 14 units (13 rentable).
    (248) 515-7606
    Request Owner's contact information
    111 12 Mile Rd Royal Oak, MI 48073
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    111 12 Mile Rd
    Royal Oak, MI 48073
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 12 Mile Rd Royal Oak, MI 48073
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.