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19622 Telegraph Road Romulus, MI 48174 9301
4,040 SqFt
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,040 sqft
Price per Sqft $197
Subdivision Mi
MLS Listing ID 61002377
Annual Tax Amount $17,042
Lot Size 5.010 Acres
Acres 5.01
Lot Dimensions 240 x 910
Property Sub-Type Commercial/Industrial
Property Description
Real estate in a prime location, together with a business that has a long history of profitable operation, is being offered for sale. According to the title company's chain-of-title records, only four families have owned this property and operated the motel business over the past 75 years. Each owner retained the property and business for many years until retirement, reflecting its enduring value and long-term income stability. The offering includes a profitable and well-maintained 12-unit motel situated on 5.01 acres (240' x 910'), along with a two-story, 2,120-square-foot owner's home, garage, shed, and large fenced backyard, providing a private and comfortable lifestyle for the owner's family. The property offers 240 feet of frontage on busy Telegraph Road, just south of Sibley Road. Numerous updates and improvements have been completed in recent years. It is conveniently located a short distance from three major highways and Metro Airport. The area is experiencing rapid development, including nearby CVS, a credit union, residential developments, and other commercial projects. The property may continue to operate successfully as a motel while also offering significant commercial development potential on two additional parcels included within the 5.01 acres. These include 2.95 acres of vacant land located behind the motel and an additional approximately 0.5-acre parcel situated along Telegraph Road in front of the motel. Alternatively, the entire 5.01-acre property may be redeveloped. Financial information is available to qualified buyers upon request.
Location
State MI
County Wayne
Area Brownstown Twp (82171)
Zoning Commercial,Industrial
Interior
Heating Baseboard, Hot Water
Exterior
Roof Type Asphalt,Composite
Building
Foundation Slab
Water Public Water
Structure Type Brick,Log,Wood
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Hartford Real Estate of Michigan
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