40500 Michigan Ave, Canton, MI 48188

Experience a prime investment opportunity at the Travelodge by Wyndham Canton/Livonia Area located at 40500 Michigan Ave, Canton MI 48188. This lucrative property features 83 units within a well-maintained 27,686 SF building on a spacious 2.04-acre lot. Built in 1988 and renovated in 2012, the property offers a solid investment foundation in an area with strong demographics, including a 2024 median household income of $71,051 within 1 mile. Priced attractively at $3,799,999 ($137.25 PSF), this property presents an excellent opportunity for investors seeking a profitable venture. With C-4 General Comm. zoning, ample parking with a ratio of 1.08/room, and numerous amenities, this Travelodge is ready to provide a comfortable stay for guests while ensuring a lucrative return on investment for the new owner. Don't miss out on the chance to own a thriving hospitality business in a sought-after location - contact us today to discover more about this exceptional property.