Travelodge Canton/Livonia Area
For Sale
Contact for pricing
40500 Michigan Ave, Canton, MI 48188
Profitable 83-unit hospitality property in a sought-after location.
Property Size27,686 SF
Lot Size2.04 Acres
Days on Market187
Property Features for 40500 Michigan Ave
General Information
Standard status
Active
Size
27,686 SF
Lot size
2.04 Acres
Property subtype
Hospitality
Zoning
C-4 General Comm.
Building Details
Year Built
1988
Year Renovated
2012
Listing Agency:
Century 21 Allstars
Listed By:
Silvestre Madrigal Jr. · License #01363650
Source:
Crexi
Added: Feb 5
Changed: Aug 8
Last Checked: Aug 11 at 10:02AM
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 Century 21 Allstars
Investment Insights
Based on property information with market context.
The Travelodge by Wyndham Canton/Livonia Area, situated at 40500 Michigan Ave, Canton MI 48188, presents a commercial real estate investment opportunity. This property features 83 units within a 27,686 square foot building, set on a 2.04-acre lot. Constructed in 1988 and renovated in 2012, the Travelodge is located in an area with a reported median household income of $71,051 within a 1-mile radius in 2024. The property is zoned C-4 General Comm. and offers parking at a ratio of 1.08 spaces per room. This hospitality business is positioned to provide accommodations for guests and a return on investment for the owner.
Key Highlights
- Lucrative investment opportunity: 83 units in a well‑maintained Travelodge by Wyndham.
- Attractive price at $3,799,999 ($137.25 PSF).
- Strong demographics: 2024 median household income of $71,051 within 1 mile.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48188, MI
46,161
Population
16,885
Households
2.7
Avg Household Size
38
Median Age
56%
College-Educated
95%
High-School Grad
17.9 sq mi
ZIP Area
2,579
Density / Sq Mi
$118,037
Median Household Income
$61,721
Median Earnings
$1,536
Median Rent
$356,700
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Econo Lodge — 40500 Michigan Ave, Canton, MI 48188
- Super 8 by Wyndham Canton/Livonia Area — 3933 S Lotz Rd, Canton, MI 48188
- Canton Inn And Suites — 40139 Michigan Ave, Canton, MI 48188
- Travelodge by Wyndham Canton/Livonia Area, MI — 40500 Michigan Ave, Canton, MI 48188
- Music Set Go, LLC — 40315 Michigan Ave, Canton, MI 48188
Frequently Asked Questions
What type of property is this?
Motel - Profitable 83-unit hospitality property in a sought-after location.
Where is this motel located?
The property is located at 40500 Michigan Ave Canton, MI.
What are key features of this property?
This property features: Lucrative investment opportunity: 83 units in a well‑maintained Travelodge by Wyndham.; Attractive price at $3,799,999 ($137.25 PSF).; Strong demographics: 2024 median household income of $71,051 within 1 mile.
