26555 Telegraph Rd - Hospitality FOR SALE


Southfield, MI 48033
$10,500,000 USD
650-720-6995
26555 Telegraph Rd, Southfield, MI for Sale
$10,500,000 USD
Hospitality - FOR SALE
1/16
null | Request Cap Rate

26555 Telegraph Rd
Southfield, MI 48033


HIGHLIGHTS

  • Prime Corridor
  • Highway Visibility
  • Renovated Lobby

OVERVIEW

The property sits along the highly traveled Telegraph Road corridor in Southfield, placing it within a dense business district that draws consistent corporate and regional demand from metro Detroit. Its full-service hotel format, supported by meeting and event spaces, positions the asset to capture group, business, and leisure segments seeking convenient access to I-696, Southfield Freeway, and nearby employment hubs. The surrounding corporate offices, medical campuses, and regional headquarters further stabilize year-round lodging activity while offering a strong foundation for operational repositioning or brand enhancement. This location continues to benefit from steady corporate travel patterns and the broader economic strength of the Detroit metro, offering compelling upside for investors focused on value-add hospitality opportunities. The seller is willing to sell below the asking price.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$46 USD /SF

# OF ROOMS

260

PRICE/ROOM

$40,385 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Radisson Hotel Southfield-Detroit

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

16

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1966

PARKING SPACES

548

LAND DETAILS

LAND ACRES

7.08 AC

LAND SF

308,306 SF

ZONING

B-3

APN/PARCEL ID

24-20-201-012,24-20-201-014,24-20-201-015

ASK ABOUT THIS PROPERTY

Dino MonteverdeSarhan Hotel GroupMore Info
650-720-6995

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Dino MonteverdeSarhan Hotel GroupMore Info
650-720-6995

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