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44784 Woodward Avenue, Pontiac, MI 48341

$1,440,000
  • 44784 Woodward Avenue, Pontiac, MI 48341 Main Photo

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Active
BEDS0 BATHS23 full SQUARE FEET6,567 MLS#20261011112
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONAssrs 153 - City Of Pontiac SCHOOLPontiac

Property 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.

44784 Woodward Avenue | MLS# 20261011112

This multi-family property located at 44784 Woodward Avenue, Pontiac, MI 48341 is currently listed for sale with an asking price of $1,440,000. Woodward Avenue is located within the Pontiac school district. Search Pontiac real estate on www.griffithrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall Unit(s), Window Unit(s)
Fuel Type: Electric
Heating: Space Heater
Home Style: Common Entry Building
Lot Size: 0.53 Acres
Year Built: 1951

Feature Descriptions

Architecture: Common Entry Building
Days on Site: 9
Deposit: $800000.00
Exterior: Vinyl
Foundation: Slab
Frontage Feet: 160
Interior: Smoke Alarm, Carbon Monoxide Alarm(s), Laundry Facility, Exterior Video Surveillance, Fire Alarm
Lot Dimensions: 0.53 Acre(s)
Road Frontage: Paved, Pub. Sidewalk
Summer Tax: $8607.0000
Water Heater: Natural Gas
Winter Tax: $331.0000
Year Remoldeled: 2024

Local Schools

School District: Pontiac

Listed By / Shown By

Listed By

Agency Name: Century 21 Curran & Oberski
Agency Phone: (313) 274-7200

Shown By

Agency Title: Griffith Realty
Agency Phone: 810-227-1016

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Estimated Payment

$ 3,624.82 per month $3,204.82 Principal & Interest $0.00 Property Tax (data not provided by mls) $420.00 Homeowner's Insurance

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