44784 Woodward Avenue, Pontiac, Michigan 48341
$1,440,000
Property Details
- MLS#: 20261011112
- Bedrooms: N/A
- Bathrooms: 23
- Square Feet: 6,567
- Price per Sqft: $219
- Lot Size: 0.53 acres
- Year Built: 1951
- Property Type: ResidentialIncome
- Status: Active
- Days on Market: 1
Description
Prime 23-Room Motel Investment Opportunity on Woodward Avenue
An 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.
Location
This property is located in Pontiac, Michigan. Pontiac is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 44784 Woodward Avenue?
44784 Woodward Avenue is listed at $1,440,000, or $219 per square foot.
How many bedrooms does 44784 Woodward Avenue have?
This property has N/A bedrooms and 23 bathrooms, with 6,567 square feet of living space.
Schedule a Showing
Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.
Phone: (313) 466-2430
Email: info@sonicrealty.com
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