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Roosevelt Hotel 2250 14th St 93 Room Hotel Detroit, MI 48216 $13,677,000 CAD ($147,065 CAD/Room)
Executive Summary
Redevelopment site. 4-story former hotel. 93 rooms. Commercial space on 1st floor. 3,743 sq. ft. basement area.
Property Facts
| Price | $13,677,000 CAD | Building Size | 45,892 SF |
| Price Per Room | $147,065 CAD | No. Rooms | 93 |
| Sale Type | Investment | No. Stories | 4 |
| Sale Condition | Redevelopment Project | Year Built | 1923 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Corridor | Interior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.67 AC | ||
| Zoning | B-4 - General Business District | ||
| Price | $13,677,000 CAD |
| Price Per Room | $147,065 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.67 AC |
| Building Size | 45,892 SF |
| No. Rooms | 93 |
| No. Stories | 4 |
| Year Built | 1923 |
| Tenancy | Single |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | B-4 - General Business District |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 93 | $69.75 CAD | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 10-004869 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $972,494 CAD |
Property Taxes
Parcel Number
10-004869
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$972,494 CAD
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Roosevelt Hotel | 2250 14th St
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