11000 W 8 Mile Rd - Hospitality FOR SALE


Ferndale, MI 48220
$5,500,000 USD
248-207-6307
11000 W 8 Mile Rd, Ferndale, MI for Sale
$5,500,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

11000 W 8 Mile Rd
Ferndale, MI 48220


OVERVIEW

Investment Opportunity – 11000 West 8 Mile Road, Ferndale, Michigan Located at 11000 West 8 Mile Road in Ferndale, Michigan, this hospitality asset presents a strong redevelopment and value-add opportunity. The property features a hotel with over 200 guest rooms situated on more than 6 acres of land in a highly visible and accessible corridor along West 8 Mile Road. With its existing room count and large land footprint, the site offers significant potential for adaptive reuse, including possible conversion into multifamily apartments, workforce housing, senior housing, or mixed-use redevelopment (subject to municipal approvals and zoning requirements). Positioned in a strategic location with strong regional connectivity to major highways, employment centers, and surrounding communities, this asset benefits from excellent accessibility and long-term redevelopment upside. Key highlights: • Over 200 existing rooms • 6+ acres of land • High-visibility frontage on West 8 Mile Road • Potential hotel-to-apartment conversion opportunity • Redevelopment or repositioning potential • Convenient access to major transportation corridors This property is well suited for investors, developers, and operators seeking a large-scale repositioning opportunity in Southeast Michigan.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$55 USD /SF

# OF ROOMS

200

PRICE/ROOM

$27,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

American Inn and Suites Ferndale

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1967

PARKING SPACES

211

LAND DETAILS

LAND ACRES

4.3 AC

LAND SF

187,485 SF

ZONING

BI

APN/PARCEL ID

25-32-451-002

ASK ABOUT THIS PROPERTY

Joseph ManuelMy Realty LLCMore Info
248-207-6307

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Joseph ManuelMy Realty LLCMore Info
248-207-6307

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.