11920 Telegraph Road Carleton, MI 48117

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$649,900

Market Estimate

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3,238 sq. ft.
2.57 Acres
Commercial
MLS# 60198043

11920 Telegraph Road, Carleton, MI 48117

Listing provided courtesy of: Century 21 Curran & Oberski - 313-274-7200

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Property Details

Description

THIS VERY WELL MAINTAINED 16 UNIT MOTEL IS A BUSINESS OPPORTUNITY WITH REAL ESTATE (EVA'S MOTEL) ON BUSY TELEGRAPH RD IN CARLETON, MI. BUILT IN 1975, ON A SPACIOUS 2.57 ACRES. ROAD FRONTAGE IS 308 FEET. LAND USE IS 201-COMMERCIAL, PROPERTY CATEGORY COMMERCIAL. LONG TIME OWNERSHIP, SINCE 1994. WELL MANAGED AND PROFITABLE. AFTER 27 YEARS OF OPERATION, THE SELLERS ARE MOVING TO FLORIDA. ALL MOTEL EQUIPMENT, BEDS, TVs, MICROWAVES, WINDOW A/C UNITS, BEDDING, TABLES, CHAIRS, WASHER, AND DRYER ARE INCLUDED IN THE SALE. 3 ADDITIONAL UNITS COULD BE EASILY BUILT ON THE PROPERTY ADJACENT TO THE OWNERS LIVING QUARTERS.MANAGER/MAINTENANCE MAN HAS BEEN THERE FOR 17 YEARS AND WOULD LIKE TO CONTINUE TO LIVE ON SITE AND CONTINUE WORKING. THIS BUSINESS IS A CASH/CREDIT CARD OPERATION. NICE GARAGE AND SHED INCLUDED.

General Features
- Acreage 2.57
- Area Municipality Ash Twp (58001)
- County Monroe
- Originating MLS RealComp
- Ownership Private
- Total SqFt Finished 3238
- Waterfront Y/N No
- Year Built 19
- ZONING Commercial
Building Features
- Exterior Construction Block, Vinyl Siding, Wood
- Exterior Features Security Lighting
- Foundation Type Slab
- Heating System Forced Air
- FUEL TYPE Natural Gas
- Roofing Asphalt
Property Features
- Water Public Water
- Lot Size 308x195x374x53x338
- Roads Class A, Paved Street
- Sewer Septic Septic

Neighborhood

48117 (Carleton) Demographics

49 Median Age

186 Population Density (per sq. mile)

21% College Educated

$68,287 Estimated Median Income

3,811 Estimated Total Home Owners

480 Estimated Total Renters

89% / 11% Estimated Owner / Renter Divide

2 Estimated Average Household Size

10,238 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$215,000 Median Sales Price

5 Homes Sold

7 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $649,900
3/20/2023 1:22:00 PM	New in Database Source: Multiple Listing Service	New Value: $649,900

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.