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31525 W 12 Mile Rd - Partial Conversion Former Radisson Hotel

134,418 SF Health Care Building Offered at £6,266,400 in Farmington Hills, MI 48334

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Investment Highlights

Existing Commercial Kitchen on the Main Level
Partially Renovated – Ready to Pass the Baton to the Next Owner to Complete
Prominent Location with Great Visibility and Convenient Access to Area Amenities

Demographics Make Property Likely a Strong Candidate for Senior Housing (55+)
Easy Freeway Access to I-696
Opportunity to Move Forward in Various Directions Including Hotel Use, Housing, or Retail Development

Executive Summary

Call for Offers Due Thursday, January 16th 2025 at 5pm EST
NAI Farbman is pleased to present the opportunity to acquire this partially renovated property. Formerly a Radisson hotel, that was being transformed into a licensed senior facility. The process stopped when the developer changed the level of development to target senior independent living. The next owner could move forward with SIL, Active Adult Apartments, or alternative uses could include returning hotel use, removing part of the building to use as retail along West 12 Mile Road, or a new mixed-use development. With its prime location, this property represents a unique value-add or redevelopment opportunity.

31525 West 12 Mile INV Flyer - 2024

Property Facts

Price	£6,266,400	Lot Size	4.95 AC
Price Per Bed	£47,835	Building Size	134,418 SF
Sale Type	Investment	No. Beds	131
Property Type	Health Care	Number of Floors	3
Property Subtype	Hospital Healthcare Assisted Living	Year Built	1985
Building Class	B

Price	£6,266,400
Price Per Bed	£47,835
Sale Type	Investment
Property Type	Health Care
Property Subtype	Hospital Healthcare Assisted Living
Building Class	B
Lot Size	4.95 AC
Building Size	134,418 SF
No. Beds	131
Number of Floors	3
Year Built	1985