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    Detroit, MI Motels for Sale

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    Midtown Development Opportunity
    Updated: Jun 15, 2022
    Midtown Development Opportunity

    470 Martin Luther King Jr Blvd, Detroit, MI 48201

    Contact for pricing
    200 sqft
    Prime redevelopment opportunity: Ideal for conversion into an apartment building.
    Strategic Midtown location: Close to DMC, VA, and Children's Hospital.
    Located in a rapidly redeveloping area: Midtown experiencing significant revitalization with new apartments, commercial spaces, and restaurants.
    Benefit from Detroit's growth: The city is experiencing substantial growth with new retail, services, and corporate interest.
    New heat system and hot water tank: Updated infrastructure.
    View details
    See hot listings in Detroit

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 43 Potential Opportunities for your consideration. Besides 1 Active listings in Detroit, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 37 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Land With Existing Improvements
    Commercial Land With Existing Improvements

    3783 & 3791 US Highway 42, Delaware, OH 43015

    $525,000

    B-3 General Business zoning supports a commercial land offering with multiple existing improvements.

    View details
    Improved Commercial Land
    Improved Commercial Land

    US-42 & S Section Line Rd, Delaware, OH 43015

    $525,000

    B-3 General Business zoning accompanies a mix of existing commercial and residential improvements.

    View details
    Commercial Land With Three Curb Cuts
    Commercial Land With Three Curb Cuts

    1443 Picadilly Ln, Maumee, OH 43537

    Contact for pricing

    C-2-zoned commercial land with on-site utilities and access from three curb cuts.

    View details
    39-Unit Motel with Manager Quarters
    39-Unit Motel with Manager Quarters

    140 Dussel Dr, Maumee, OH 43537

    Contact for pricing

    Existing lodging improvements offer flexibility for continued operation, adaptive reuse, or redevelopment.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Commercial Land
    Corner Commercial Land

    7125 N LILLEY Road, Canton Twp, MI 48187

    $550,000
    0.60 AC lot

    Commercially zoned corner parcel with separate access points from Lilley Road and Warren Road.

    View details

    Off-Market Properties in Detroit, MI

    Consider similar Off-Market properties in Detroit, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    21350 Mcnichols Rd
    MOTEL

    21350 Mcnichols Rd, Detroit, MI 48219-3974

    Estimated value:
    $440,000
    18,097 sqft 0.77 AC lot
    View details
    14300 Telegraph Rd
    MOTEL

    14300 Telegraph Rd, Redford, MI 48239-3360

    Estimated value:
    $850,000
    27,850 sqft 1.98 AC lot
    View details
    22440 Plymouth Rd
    MOTEL

    22440 Plymouth Rd, Redford, MI 48239-1321

    Estimated value:
    $205,000
    6,359 sqft 0.17 AC lot
    View details
    20500 James Couzens Fwy
    MOTEL

    20500 James Couzens Fwy, Detroit, MI 48235-1848

    Estimated value:
    $445,000
    34,380 sqft 1.40 AC lot
    View details
    25255 Grand Riv Ave
    MOTEL

    25255 Grand Riv Ave, Redford, MI 48240-1404

    Estimated value:
    $1,500,000
    32,036 sqft 1.34 AC lot
    View details
    20266 Woodward Ave
    MOTEL

    20266 Woodward Ave, Detroit, MI 48203-1083

    Estimated value:
    $380,000
    9,987 sqft 0.36 AC lot
    View details
    5777 Southfield Fwy
    MOTEL

    5777 Southfield Fwy, Detroit, MI 48228-3887

    Estimated value:
    $6,650,000
    68,198 sqft 4.22 AC lot
    View details
    1730 8th Mile Rd
    MOTEL

    1730 8th Mile Rd, Detroit, MI 48203-1260

    Estimated value:
    $485,000
    7,461 sqft 0.34 AC lot
    View details
    16920 Telegraph Rd
    MOTEL

    16920 Telegraph Rd, Detroit, MI 48219-3731

    Estimated value:
    $1,770,000
    20,557 sqft 1.16 AC lot
    View details
    12510 8th Mile Rd
    MOTEL

    12510 8th Mile Rd, Detroit, MI 48205-1046

    Estimated value:
    $280,000
    12,558 sqft 0.36 AC lot
    View details
    9939 Telegraph Rd
    MOTEL

    9939 Telegraph Rd, Redford, MI 48239-1421

    Estimated value:
    $2,170,000
    17,313 sqft 2.12 AC lot
    View details
    26825 Grand Riv Ave
    MOTEL

    26825 Grand Riv Ave, Redford, MI 48240-1544

    Estimated value:
    $705,000
    11,982 sqft 0.28 AC lot
    View details
    9430 Michigan Ave
    MOTEL

    9430 Michigan Ave, Detroit, MI 48210-2041

    Estimated value:
    $310,000
    13,992 sqft 0.70 AC lot
    View details
    1500 Grand Blvd
    MOTEL

    1500 Grand Blvd, Detroit, MI 48211-3450

    Estimated value:
    $90,000
    6,307 sqft 0.20 AC lot
    View details
    2211 Grand Blvd
    MOTEL

    2211 Grand Blvd, Detroit, MI 48208-1115

    Estimated value:
    $610,000
    19,369 sqft 0.72 AC lot
    View details
    12291 Harper Ave
    MOTEL

    12291 Harper Ave, Detroit, MI 48213-1732

    Estimated value:
    $445,000
    14,524 sqft 0.46 AC lot
    View details
    18844 Woodward Ave
    MOTEL

    18844 Woodward Ave, Detroit, MI 48203-1901

    Estimated value:
    $330,000
    8,486 sqft 0.20 AC lot
    View details
    20490 Greenfield Rd
    MOTEL

    20490 Greenfield Rd, Detroit, MI 48235-1854

    Estimated value:
    $325,000
    29,756 sqft 0.92 AC lot
    View details
    5841 2nd Ave
    MOTEL

    5841 2nd Ave, Detroit, MI 48202-3623

    Estimated value:
    $325,000
    7,740 sqft 0.28 AC lot
    View details
    10945 Gratiot Ave
    MOTEL

    10945 Gratiot Ave, Detroit, MI 48213-1329

    Estimated value:
    $635,000
    20,628 sqft 0.39 AC lot
    View details
    2127 Grand Blvd
    MOTEL

    2127 Grand Blvd, Detroit, MI 48208-1105

    Estimated value:
    $460,000
    8,368 sqft 0.41 AC lot
    View details
    14700 8th Mile Rd
    MOTEL

    14700 8th Mile Rd, Detroit, MI 48205-1200

    Estimated value:
    $660,000
    32,770 sqft 0.90 AC lot
    View details
    24541 Grand Riv Ave
    MOTEL

    24541 Grand Riv Ave, Detroit, MI 48219-3018

    Estimated value:
    $240,000
    6,285 sqft 0.36 AC lot
    View details

    Detroit, MI Motels Market Trends and Statistics

    Explore 38 motels for sale in Detroit, MI on our real estate platform. These investment opportunities span a total of 200 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 3
    Motels 1

    Demographics Overview

    Population 850K
    Population Growth (5Y) -4.2%
    Median Household Income $48,716
    College Educated 21.2%

    Taxes & Financing

    Tax Rate (average for all types) 3.32%
    Property Tax per SF $36.71 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Detroit fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Detroit, MI

    • 48201

    Featured Detroit Real Estate Agencies

    Realmo connects you with licensed Detroit CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Downtown Realty
    500 Griswold Ste 2420 Detroit, MI 48226
    Phone: (313) 466-7253
    downtownrealty.us
    @properties Detroit
    3100 Woodward Ave, Suite 102 Detroit, MI 48201
    Phone: (313) 230-0510
    www.atpropertiesdetroit.com/
    Clyde Realty, LLC
    1331 Holden Street #232 Detroit, MI
    Phone: (248) 462-5508
    Why this one?
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