44784 Woodward Avenue, Pontiac, MI 48341
sale
$1,525,000
|
Commercial-Other
Listed By CENTURY 21 Curran & Oberski
25636 Ford Road, Dearborn Heights, MI 48127
Prime 23-Room Motel Investment Opportunity on Woodward Avenue
An exceptional opportunity to own a profitable fully operational 23-room motel located directly on Woodward Avenue, offering 160 feet of road frontage and unmatched exposure on Woodward, one of Michigan's highest-traffic commercial corridors. Positioned on the border of Bloomfield Hills, this property benefits from premium surrounding demographics, high visibility, strong signage opportunities, and sits on a spacious half-acre lot in a desirable green-zone location. The motel generates impressive returns with an Actual NOI of $168,000, an 11 percent cap rate at the list price, and even stronger performance potential with flexible rental options that allow rooms to be rented by the day, week, or month. A Land Contract is available with $1,000,000 down, making this a rare and accessible investment opportunity for qualified buyers.
The property has been thoughtfully updated with a newer roof, new water heaters, new in-unit heating and cooling systems, and brand-new electrical throughout. Rooms have been remodeled, fully furnished, and are ready for continuous occupancy. A clean, well-maintained parking lot offers generous parking options for guests and increases overall convenience and appeal. The location continues to stand out with close proximity to major destinations-only eight minutes from Carl's Golfland, five minutes from Trinity Health, close to the I-75 Freeway, and twenty minutes from Orchard Lake Village-ensuring a steady flow of traffic and demand.
An exceptional opportunity to own a profitable fully operational 23-room motel located directly on Woodward Avenue, offering 160 feet of road frontage and unmatched exposure on Woodward, one of Michigan's highest-traffic commercial corridors. Positioned on the border of Bloomfield Hills, this property benefits from premium surrounding demographics, high visibility, strong signage opportunities, and sits on a spacious half-acre lot in a desirable green-zone location. The motel generates impressive returns with an Actual NOI of $168,000, an 11 percent cap rate at the list price, and even stronger performance potential with flexible rental options that allow rooms to be rented by the day, week, or month. A Land Contract is available with $1,000,000 down, making this a rare and accessible investment opportunity for qualified buyers.
The property has been thoughtfully updated with a newer roof, new water heaters, new in-unit heating and cooling systems, and brand-new electrical throughout. Rooms have been remodeled, fully furnished, and are ready for continuous occupancy. A clean, well-maintained parking lot offers generous parking options for guests and increases overall convenience and appeal. The location continues to stand out with close proximity to major destinations-only eight minutes from Carl's Golfland, five minutes from Trinity Health, close to the I-75 Freeway, and twenty minutes from Orchard Lake Village-ensuring a steady flow of traffic and demand.
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Property Features
- Building Area: 6567.00 SF
- Cross Docks: N
- For Auction: N
- Garage Description: No Garage
- Industrial Ground Level: N
- MLSID: 20251056891
- Parking Places: 0
- Price Per Area: 232.22
- Price Upon Request: N
- Rail: N
- Sprinklers: N
- Style: Other Style
- Sublease: N
- Taxes: $8938.00
- Year Built: 1951
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