111 12 Mile Road Royal Oak, MI ^$ 1,500,000

111 12 Mile Road

^$ 1,500,000

Back to search

111 12 Mile Road

Royal Oak, MI, 48073

^$ 1,500,000

Bedrooms-- Baths14.0

Monthly Estimate*

^$ 9,358

111 12 Mile Road, Royal Oak, MI 48073 - Image 1

111 12 Mile Road, Royal Oak, MI 48073 - Image 2

111 12 Mile Road, Royal Oak, MI 48073 - Image 3

111 12 Mile Road, Royal Oak, MI 48073 - Image 4

111 12 Mile Road, Royal Oak, MI 48073 - Image 5

111 12 Mile Road, Royal Oak, MI 48073 - Image 6

111 12 Mile Road, Royal Oak, MI 48073 - Image 7

111 12 Mile Road, Royal Oak, MI 48073 - Image 8

111 12 Mile Road, Royal Oak, MI 48073 - Image 9

111 12 Mile Road, Royal Oak, MI 48073 - Image 10

111 12 Mile Road, Royal Oak, MI 48073 - Image 11

111 12 Mile Road, Royal Oak, MI 48073 - Image 12

111 12 Mile Road, Royal Oak, MI 48073 - Image 13

111 12 Mile Road, Royal Oak, MI 48073 - Image 14

111 12 Mile Road, Royal Oak, MI 48073 - Image 15

111 12 Mile Road, Royal Oak, MI 48073 - Image 16

111 12 Mile Road, Royal Oak, MI 48073 - Image 17

111 12 Mile Road, Royal Oak, MI 48073 - Image 18

111 12 Mile Road, Royal Oak, MI 48073 - Image 19

111 12 Mile Road, Royal Oak, MI 48073 - Image 20

111 12 Mile Road, Royal Oak, MI 48073 - Image 21

111 12 Mile Road, Royal Oak, MI 48073 - Image 22

111 12 Mile Road, Royal Oak, MI 48073 - Image 23

111 12 Mile Road, Royal Oak, MI 48073 - Image 24

111 12 Mile Road, Royal Oak, MI 48073 - Image 25

Commercial Property for sale in Royal Oak, MI

for $1,500,000 with 14 full baths. This building was built in 1962 on a lot size of 0.29.

Located walking distance from downtown Royal Oak and just 1.5 miles west of I-75, this operating hotel is available for sale. The hotel has 14 units (1 is currently used for an office) and 24 dedicated onsite parking spaces. Each unit has its own full bath and large bedroom/living area. The building was renovated in 2023 both inside and out, modernizing the property for the next owner.

Commercial Active

Price

^$ 1,500,000

Full Bath

Property Type

Commercial

Taxes

^$ 13,282

Style

Retail

Lot Size

0.29

Year Built

1962

Town/City

Royal Oak

County/Region

Oakland

MLS | Web ID

25017655

Features

General

Heating Steam

Utilities Natural Gas Available Electricity Available Natural Gas Connected Electricity Connected

Year Built 1962

Township Royal Oak City

Property Subtype Retail

Tax Year 2024

Business Type Other

County Oakland

New Construction N

Property Type Commercial Sale

Full Baths 14

Status Active

Directions 12 Mile Road west of Main Street

City Royal Oak

High School District City of Royal Oak

Number Of Units Total 14

MLS Area Oakland County - 70

Lot Size Units Acres

Lot Size Square Feet 12632.0

Listing Terms Conventional Cash

Land Lease Y/N N

Tax Annual Amount 13282.0

Lease Renewal Y/N N

MLS Area Minor Oakland County - 70

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Tax Assessed Value 240570

Legal Description T1N R11E SEC 16 ASSESSOR'S PLAT NO 25 E 1/2 OF LOT 3 ALSO THAT PART OF W 1/2 OF LOT 3 DESC AS BEG AT PT DIST N 88-

Senior Community None

Exterior

Inclusions Real Estate

Lot Size Area 0.29

Number of Buildings 1

Spa N

Building Area Total 5184.0

Lot Dimensions 64x200

Lot Size Acres 0.29

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Heating Y/N Y

Total Baths 14

Internal Only

Street Number 1 111

* Excluded Features

List By

Gri Homes For Today

Broker

tgerdom@gerdomrealty.com

Affordability Calculator

$10,465

Per Month

Monthly Principal & Interest: $9,358
Monthly Property Taxes: $1,107
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Royal Oak, MI

Average List Price ^$266,143

Percent of Sale Price 82%

About Royal Oak, MI

58,569 Population

-2% Since 2002

^$69,342 Median Income

40.15 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4474346 Elementary School

4474345 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/25/2025	$1,500,000		Listed Price

Map

More homes like this one

homes for you

See all

111 12 Mile Road, Royal Oak, MI, 48073 is a Commercial Property for sale at $1,500,000 with a lot size of 0.29. 111 12 Mile Road has 14.0 baths and was built in 1962. The property's zip code is 48073 which is in Royal Oak, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 12/19/2025.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

111 12 Mile Road

Commercial Property for sale in Royal Oak, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home