$1,100,000
$1,289,000
14.7%For more information regarding the value of a property, please contact us for a free consultation.
40 Beds
11,783 SqFt
SOLD DATE : 10/11/2023
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 11,783 sqft
Price per Sqft $93
Subdivision Ford Telegraph Road Sub
MLS Listing ID 20230060927
Sold Date 10/11/23
Bedrooms 40
Originating Board Realcomp II Ltd
Year Built 1964
Annual Tax Amount $23,341
Lot Size 0.960 Acres
Acres 0.96
Lot Dimensions 120.00 x 209.60
Property Description
Welcome to this fantastic opportunity to own a flourishing motel located in the heart of Dearborn Heights. Nestled in a vibrant and sought-after neighborhood, this well-established motel boasts 40 rooms, offering a lucrative investment for any savvy entrepreneur.
Situated in the heart of Dearborn Heights, this motel's prime location ensures a consistent stream of guests year-round. With its close proximity to popular attractions, shopping centers, and dining establishments, guests can easily explore all that Dearborn Heights has to offer.
The potential for this motel is limitless, whether it be for a visionary entrepreneur looking to make their mark in the hospitality industry or an investor seeking a profitable venture. With its customer base, and exceptional location, this motel represents an incredible opportunity.
Contact us today for more information and to arrange a viewing of this exceptional property. Opportunities like this are rare, so don't delay – act now!
Location
State MI
County Wayne
Area Dearborn Heights
Zoning Commercial
Direction N FORD RD / EAST SIDE OF TELEGRAPH RD
Interior
Heating Other
Exterior
Road Frontage Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 2 Story
Structure Type Brick
Schools
School District Crestwood
Others
Tax ID 33020030024000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Rebuilt Year 2005
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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