Search
Former Hotel Redevelopment Opportunity
For Sale
$10,000,000

2250 14th St, Detroit, MI 48216

Four-story former hotel with 93 rooms and 1st-floor commercial space plus a 3,743 sq. ft. basement area.

Property Size45,892 SF
Price / SF$217.90
Days on Market637

Property Features for 2250 14th St

General Information

Standard status Active
Size 45,892 SF
Property subtype Hospitality
Zoning B-4, GENERAL BUSINESS

Building Details

Building Size 45,892 SF
Year Built 1923
Buildings 1
Stories 4
Listing Agency: Signature Associates - Southfield
Listed By: Christopher J. Monsour
Source: Cpix.resimplifi
Added: Dec 16, 2024 Changed: Sep 10 Last Checked: Sep 13 at 4:02AM

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 Signature Associates - Southfield

Investment Insights

Based on property information with market context.

The property is a four-story former hotel featuring 93 rooms. The first floor includes commercial space, and the building also has a 3,743-square-foot basement area, offering additional interior capacity for future redevelopment plans.

As described, the site is positioned as a redevelopment opportunity. Its existing hotel building configuration can support a variety of repurposing concepts, with space distributed across guest-room floors, ground-level commercial space, and the basement level.

Overall, this is a substantial hospitality-to-commercial redevelopment candidate with a clear vertical building structure and defined interior areas on the first floor and below-grade.

Key Highlights

  • Four‑story former hotel built in 1923
  • 93 rooms throughout the property
  • Commercial space on the 1st floor

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Roosevelt Hotel Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Nail Salon HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby

Demographics for 48216, MI

5,031
Population
3,398
Households
1.5
Avg Household Size
35
Median Age
37%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
2,187
Density / Sq Mi
$42,278
Median Household Income
$42,189
Median Earnings
$860
Median Rent
$225,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Hotel - Four-story former hotel with 93 rooms and 1st-floor commercial space plus a 3,743 sq. ft. basement area.
Where is this hotel located?
The property is located at 2250 14th St Detroit, MI.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Four‑story former hotel built in 1923; 93 rooms throughout the property; Commercial space on the 1st floor
More about this property
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