13450 Dix Toledo Rd - Hospitality FOR SALE


Southgate, MI 48195
$625,000 USD
586-999-9286
13450 Dix Toledo Rd, Southgate, MI for Sale
$625,000 USD
Hospitality - FOR SALE
1/3
null | 16% Cap Rate

13450 Dix Toledo Rd
Southgate, MI 48195


HIGHLIGHTS

  • Main Retail Corridor | One Mile from Interstate- 75
  • $32,000 in Renovations (2025)
  • Weekly Extended Stay

OVERVIEW

15 -Unit Extended-Stay Motel For Sale in Southgate, Michigan and One (Occupied) Managers apartment. This Motel is Operating as a Weekly Extended-Stay Motel and is Fully Licensed and Permitted in the City of Southgate, Michigan. 32,000 spent on Renovations (2025) New Roof 2026 120’ Feet of Frontage on the Heavily traveled Dix Toledo Rd. | 35,000 Vehicles Per Day Average Household Income =$84,000 within a One Mile Radius. Great Demographics Surrounded by National Retailers such as Wal-Mart, BurgerKing, Dollar Tree, Tim Hortons, Ect. Main Retail Corridor | One Mile from Interstate- 75

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$100 USD /SF

# OF ROOMS

15

PRICE/ROOM

$41,667 {currency}

CAP RATE

16%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hollywood Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1952

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,058 SF

ZONING

C-2 GEN BU

APN/PARCEL ID

53-009-03-0201-000

ASK ABOUT THIS PROPERTY

Elias HerishBrookstone: The Herish GroupMore Info
586-999-9286

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Elias HerishBrookstone: The Herish GroupMore Info
586-999-9286

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