$699,000 for Sale

13450 dix toledo, southgate, MI 48195

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Property Description
Introducing a lucrative investment opportunity at HOLLYWOOD MOTEL, located at 13450 Dix Toledo Rd. Southgate, Michigan 48195. This 15-unit extended-stay motel, along with a manager's apartment, presents a chance for a high cap rate of 20.97% and a gross income of $196,000. Renovated just last year with $32,000 in upgrades, this fully licensed property boasts modern amenities including WI-FI, cable TV, and free parking. Situated in a prime location with 120 feet of frontage on a heavily trafficked road, the motel benefits from approximately 35,000 vehicles passing by daily. With an average weekly rate of $300-$325 and a strong surrounding demographic with an average household income of $84,000 within a mile radius, this property offers a solid income stream. Don't miss this chance to own a well-positioned hospitality asset in the bustling Detroit market.
General Information
Sale Price: $699,000
Price/SqFt: $176
Status: Active
MLS#: 50187515
City: southgate
Post Office: southgate
County: Wayne
Acres: 0.28
Lot Dims: 0.28
Size: 3,968 sq.ft.
Acreage: 0.28 est.
Year Built: 1952
Property Type: Commercial/Industrial
Style:
Tax, Fees & Legal


Information provided by East Central Association of REALTORS® Copyright 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that 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. Listing By: Tariq Herish of Brookstone, Realtors LLC, Phone: 248-963-0505
(810) 618-2939 Call Lonny Gregory for more information about this property.

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