44784 Woodward Avenue, Pontiac, MI 48341 5028

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Place Perfect Realty

homes@placeperfect.com +1(920) 956-9061

$ 1,525,000

Est. payment | -/mo

6,567 SqFt

Save

$ 1,525,000

Est. payment | -/mo

Save

6,567 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 6,567 sqft

Price per Sqft $232

Subdivision Mi

MLS Listing ID 60956159

Annual Tax Amount $8,938

Lot Size 0.530 Acres

Acres 0.53

Lot Dimensions 160 x 175

Property Sub-Type Commercial/Industrial

Property Description

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.

Location

State MI

County Oakland

Area Pontiac (63142)

Zoning Commercial

Interior

Heating Space Heater

Exterior

Roof Type Asphalt

Building

Foundation Basement, Slab

Water Public Water

Structure Type Vinyl Siding

Others

Ownership Private

Energy Description Electric

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by Century 21 Curran & Oberski

"Professional service to our clients & customers is our #1 priority. With offices in Marinette, Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

44784 Woodward Avenue Pontiac, MI 48341 5028