13450 Dix Toledo Rd - Hospitality FOR SALE


Southgate, MI 48195
$699,000 USD
586-999-9286
13450 Dix Toledo Rd, Southgate, MI for Sale
$699,000 USD
Hospitality - FOR SALE
1/3
null | 20.31% 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) 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

$699,000 USD

PRICE/SF

$112 USD /SF

# OF ROOMS

15

PRICE/ROOM

$46,600 {currency}

CAP RATE

20.31%

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 Policy.