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$1,500,000
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Property Description
Located walking distance from downtown Royal Oak and just 1.5 miles west of I-75, this operating hotel is available for sale. The hotel has 14 units (1 is currently used for an office) and 24 dedicated onsite parking spaces. Each unit has its own full bath and large bedroom/living area. The building was renovated in 2023 both inside and out, modernizing the property for the next owner.
Full Property Details
Full Property Details for 111 12 Mile Rd
General
- Price: $1,500,000
- Taxes: $13,282
- Status: Active
- Type: Retail
- Source: SWMRIC_MLS
- MLS ID: 25017655
- Updated: 8/23/2025
- Added to Site: 267 day(s) ago
Business
- Business Type: Other
Rooms
Bathrooms
- Total Bathrooms: 14
- Full Bathrooms: 14
Location
- Area: Oakland County - 70
- County: Oakland
- Cross Streets: 12 Mile & Main
- Driving Directions: 12 Mile Road, west of Main Street
Heating & Cooling
- Heating Type: Steam
Utilities
- Utility Description: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 5,184
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,632
- Lot Dimensions: 64 x 200
Financial Considerations
- Tax Amount: $13,282
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: T1N, R11E, SEC 16 ASSESSOR'S PLAT NO 25 E 1/2 OF LOT 3, ALSO THAT PART OF W 1/2 OF LOT 3 DESC AS BEG AT PT DIST N 88-
- Property ID: 25-16-227-023
Listed by GRI Homes for Today, Tjader Gerdom
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Schools
Schools serving 111 12 Mile Rd
School District:Royal Oak City School District
| Name | Grades | Distance |
|---|---|---|
Northwood Elementary School, Royal Oak, MI 926 West Twelve Mile Road, Royal Oak, MI 48073 | K-5 | 0.5 mi |
Royal Oak Middle School 709 North Washington Avenue, Royal Oak, MI 48067 | 6-8 | 0.6 mi |
Royal Oak High School 1500 Lexington Boulevard, Royal Oak, MI 48073 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 12 Mile Rd
Date
Details
Price
Change
Source
5/01/2025
Sold
$150,000
-90%
Public Record
4/25/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 12 Mile Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,650
10%
$61,740
19%
2021
$1,495
-2%
$51,990
40%
2019
$1,524
164%
$37,050
170%
2018
$578
2%
$13,720
—
2017
$568
-9%
$13,720
-7%
2016
$624
—
$14,750
—
2015
$623
-1%
$14,750
—
2014
$629
7%
$14,750
—
2013
$587
—
$14,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 12 Mile Rd
111 12 Mile Road, Royal Oak, MI 48073 (MLS# 25017655) is a Retail property. 111 12 Mile Road is currently listed for $1,500,000 and was received on April 25, 2025. Want to learn more about 111 12 Mile Road? Do you have questions about finding other Retail real estate for sale in Royal Oak? You can browse all Royal Oak real estate or contact a Coldwell Banker agent to request more information.
