$699,000 for Sale
13450 dix toledo, southgate, MI 48195
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 Dim: 0.28
Size: 3,968 sq.ft.
Acreage: 0.28 est.
Year Built: 1952
Property Type: Commercial/Industrial
Tax, Fees & Legal

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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
This listing last updated: Fri, September 05, 2025 at 2:51:58 PM EDT
MIRealSource Listing Data Last Updated On Thursday, April 2 2026 at 8:08am