$1,650,000
$2,400,000
31.3%For more information regarding the value of a property, please contact us for a free consultation.
17,108 SqFt
SOLD DATE : 01/19/2022
Key Details
Sold Price $1,650,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 17,108 sqft
Price per Sqft $96
Subdivision Alpine Ave
MLS Listing ID 79001326953
Sold Date 01/19/22
Originating Board Central Michigan Association of REALTORS®
Year Built 1965
Annual Tax Amount $27,461
Lot Size 3.040 Acres
Acres 3.04
Lot Dimensions 200' x 460'
Property Description
Exclusive, one-of-a-kind opportunity to own a well established motel and restaurant that is turn key, fully operational and well maintained. Since built in 1955, this property has been proudly owned by the same family. The full service restaurant features a galley kitchen, walk in coolers, expansive dining room, attached full service bar with a class "C" liquor license included, elevator to the full finished basement with banquet rooms and extra server station to accommodate any type of function. The motel offers 38 rooms with four suites that include kitchenettes. There is an in-ground outdoor pool and over 108 parking spaces spread out over three acres on the corner of Alpine Ave and 6 Mile Rd in a high traffic area. Some recent updates include new exterior paint, new roofs, and parking lot resurfacing. -All measurements are approximate and subject to independent verification.-
Location
State MI
County Kent
Area Alpine Twp
Zoning Commercial
Interior
Heating Forced Air, Hot Water, Central Air
Heat Source Natural Gas
Exterior
Pool No
Utilities Available Elevator
Roof Type Asphalt
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Frame
Schools
School District Comstock Park
Others
Tax ID 410925101014
Ownership Corporate/Relocation
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
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