Hotel with Tavern & Liquor
For Sale
Contact for pricing
2305 Park Avenue, Detroit, MI 48201
A 13-story, 180-room hotel featuring the Town Pump Tavern and an accompanying liquor license.
Property SizeContact for details
Days on Market124
Property Features for 2305 Park Avenue
General Information
Standard status
Active
Property subtype
Hospitality, Retail
Listing Agency:
L. Mason Capitani
(313) 590-7021
Listed By:
Al Iafrate, SIOR · License #MI 6502352325
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 9:48PM
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 L. Mason Capitani
Investment Insights
Based on property information with market context.
The Royal Palm/Park Avenue Hotel is a 13-story property with 180 rooms. The asset also includes the Town Pump Tavern and an accompanying liquor license, creating an integrated lodging and on-site hospitality offering.
Proposals are being accepted for a joint venture, master lease, or sale. The property is located at 2305 Park Avenue in Detroit, Michigan.
Proposals are being accepted for a joint venture, master lease, or sale. The property is located at 2305 Park Avenue in Detroit, Michigan.
Key Highlights
- 13‑story hotel with 180 rooms
- Includes the Town Pump Tavern
- Accompanying liquor license included
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,594
Businesses Nearby
27k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 77%
Shops & Services 19%
Dining 4%
Hilton Garden Inn Detroit Downtown
Hotels & Casinos
13,735 visits/mo
0.5 miles
Element Detroit At The Metropolitan
Hotels & Casinos
6,858 visits/mo
0.4 miles
Huntington Bank
Shops & Services
2,942 visits/mo
0.2 miles
Citizens Bank
Shops & Services
1,565 visits/mo
0.5 miles
Nathan's Famous
Dining
1,013 visits/mo
0.2 miles
Demographics for 48201, MI
14,500
Population
9,900
Households
1.5
Avg Household Size
33
Median Age
37%
College-Educated
88%
High-School Grad
1.9 sq mi
ZIP Area
7,632
Density / Sq Mi
$24,392
Median Household Income
$36,835
Median Earnings
$841
Median Rent
$401,500
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
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 - A 13-story, 180-room hotel featuring the Town Pump Tavern and an accompanying liquor license.
Where is this hotel located?
The property is located at 2305 Park Avenue Detroit, MI.
What are key features of this property?
This property features: 13‑story hotel with 180 rooms; Includes the Town Pump Tavern; Accompanying liquor license included
