44784 Woodward Avenue, Pontiac, MI 48341

Description

Prime 23-Room Motel Investment Opportunity on Woodward AvenueAn 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 $800,000 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.

Price & Status History

MLS Listing History4 listings

Tax & Assessment

Property Details