22755 GRAND RIVER Avenue Coming Soon

Detroit,MI 48219

$ 750000

- Bed

0 Bath

8019 SqFt


Key Details

Property Type Commercial

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 8,019 sqft

Price per Sqft $93

MLS Listing ID 20240086652

Originating Board Realcomp

Year Built 1915

Annual Tax Amount $6,229

Lot Size 0.410 Acres

Acres 0.41

Lot Dimensions 157 x 115

Property Description

In the Oak Grove District adjacent The Greater Sandhill area of Melvern Hills in Detroit. On Historic Grand River Avenue on almost a half acre of land! Very unique investment opportunity includes an operating Inn, a PALACE house and partitioned 2bd room studio style Apartment for use...the new owner will be Triple Crowned with multiple income producing opportunities within a gated location. The River Rouge Inn and PALACE House has newer 3Dimensional style roof, some newer model windows a sizable backyard area and CCTV security camera/video monitoring. 12 fully operational Inn rooms a few recently redesigned. PALACE House has ceramic tiled flooring in Kitchen and Bathroom. Stainless steel appliances, stainless steel Apron Kitchen sink within granite countertops and matching center island in enough space for comfortable dining. PALACE House has living room and separate bedroom area with front office. PALACE rear 2 bedroom studio style apartment used as staff living quarter can be used as an additional rental unit. PALACE House downstairs area has onsite laundry facility and more room units for additional use. Walking distance to US Post Office, The Redford Theatre, Citizens Bank and Miejer. Close to Glenhurst Golf Course, Old Redford Academy - Middle School, Old Redford Academy - Elementary School, Detroit Service Learning Academy, Wright Academy of Arts and Science, Christ the King School, Crowell Recreation Center, Edward G Heckel Park, James T Hope Playfield Park, Markulis Playground, Milan Playfield, Eliza Howell Park, Rouge Valley Parkway, public transportation, major highway and other points of interest. A straight drive Downtown, The River Rouge Inn and PALACE new owner will have more business opportunity and expansion for investment; AirBNB, assisted living home, veteran care facility, ect. Contact your agent today to schedule your tour. Shown with advanced notice by appointment only to qualified buyers. Property sold "as is" with Warranty Deed transfer. $495 Office transaction fee buyer payable at closing.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Commercial,Multi-Family,O

Direction From Grand River and Southfield Fwy travel Northwest up Grand River toward Lasher, once past Lasher Rouge River Inn will be on the left side of street.

Rooms

Basement Basement

Interior

Heating Forced Air,Hot Water

Exterior

View Y/N No

Building

Building Description Aluminum Siding,Vinyl Siding,Brick, Security System

Foundation Block

Sewer Public

Water Public

Structure Type Aluminum Siding,Vinyl Siding,Brick

Schools

School District Detroit

Others

Tax ID 22007515.

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