Historic Holly Hotel For
For Sale
Contact for pricing
110 Battle Aly, Holly, MI 48442
Unique restaurant opportunity with historic significance and potential funding.
Property Size9,575 SF
Price / SF$93.89
Days on Market722
Property Features for 110 Battle Aly
General Information
Standard status
Active
Size
9,575 SF
Total Parking Spaces
12
Property subtype
Retail
Building Details
Year Built
1891
Year Renovated
1979
Listing Agency:
Friedman Real Estate
Listed By:
Larry Schultz · License #MI
(248) 848-1292
Source:
Crexi
Added: Sep 13, 2024
Changed: Sep 3
Last Checked: Sep 1 at 2:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Friedman Real Estate
Investment Insights
Based on property information with market context.
The Holly Hotel, a well-known restaurant, sustained damage from a neighboring fire in 2022. Following remediation, the 9,575 square-foot property is prepared for renovations. This presents an opportunity to re-establish a unique property and cater to an existing clientele. Antiques that were salvaged from the property will be transferred along with Furniture, Fixtures, and Equipment (FFE) and the liquor license. The Holly Hotel, operated by the current owners since the 1970s, is listed on the National Register of Historic Places. As such, the property is eligible for various funding and tax incentives, including those from the Michigan Economic Development Corporation (MEDC), the State of Michigan Historic Commission, and Oakland County Historic Downtown, as well as low-interest financing. The seller is willing to assist a new buyer in pursuing these options.
Key Highlights
- Opportunity to renovate and re‑open the historic Holly Hotel, a premier destination restaurant with an established clientele.
- Includes saved antiques, Furniture, Fixtures, and Equipment (FFE), and a liquor license.
- Eligible for numerous historic grants, MEDC funding, State of Michigan Historic Commission funding/tax incentives, Oakland County Historic Downtown funding, and low‑interest financing.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
9,472 visits/mo
0.5 miles
Marathon
Shops & Services
5,034 visits/mo
0.2 miles
Demographics for 48442, MI
21,803
Population
9,722
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
85.9 sq mi
ZIP Area
254
Density / Sq Mi
$80,281
Median Household Income
$50,769
Median Earnings
$1,243
Median Rent
$252,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Unique restaurant opportunity with historic significance and potential funding.
Where is this restaurant located?
The property is located at 110 Battle Aly Holly, MI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Opportunity to renovate and re‑open the historic Holly Hotel, a premier destination restaurant with an established clientele.; Includes saved antiques, Furniture, Fixtures, and Equipment (FFE), and a liquor license.; Eligible for numerous historic grants, MEDC funding, State of Michigan Historic Commission funding/tax incentives, Oakland County Historic Downtown funding, and low‑interest financing.
