22755 GRAND RIVER Avenue, Detroit, MI 48219 3113
22755 GRAND RIVER Avenue, Detroit, MI 48219 3113
22755 GRAND RIVER Avenue, Detroit, MI 48219 3113
22755 GRAND RIVER Avenue, Detroit, MI 48219 3113
22755 GRAND RIVER Avenue, Detroit, MI 48219 3113
22755 GRAND RIVER Avenue, Detroit, MI 48219 3113
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 624,999
Est. payment | /mo

8,019 SqFt

Save
$ 624,999
Est. payment | /mo
Save

8,019 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 8,019 sqft

Price per Sqft $77

Subdivision Mi

MLS Listing ID 60365403

Annual Tax Amount $6,229

Lot Size 0.410 Acres

Acres 0.41

Lot Dimensions 157 x 115

Property Sub-Type Commercial/Industrial

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 partitioned rear 2 bedroom studio style apartment as staff living quarters can be used as additional rental unit. PALACE House has onsite laundry facility and more room units in lower area. Walking distance to US Post Office, The Redford Theatre, Citizens Bank, Miejer Supermarket and a NEW Community Financial Credit Union being built on Grand River Ave between Cooley and Northrop....this area is going through tons of development and growth. Close to 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 advance 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 Detroit (82001)

Zoning Multi-Family,Professional Office,Commercial,Residential

Interior

Heating Forced Air, Hot Water

Exterior

Roof Type Asphalt

Building

Foundation Basement

Water Public Water

Structure Type Brick,Log,Vinyl Siding

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Reach Realty Group

Nearby Locations

Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI 54143-1713, USA

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22755 GRAND RIVER Avenue