19622 Telegraph Road,Romulus, MI 48174
Romulus, MI 48174
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.
Details
| MLS # | 61002377 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 88 |
| Listing Provided By | Hartford Real Estate of Michigan | Mark Tlok |
Features
| SQ Feet | 4,040 |
|---|---|
| Zoning | Commercial,Industrial |
| Acreage | 5.01 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Baseboard, Hot Water |
Exterior
| Roof | Asphalt, Composition |
|---|---|
| Construction Materials | Brick, Log, Wood Siding |
| Foundation Details | Slab |
Other
| List Aor | Real Comp |
|---|
Taxes
| Property | 17042 |
|---|
Area Information
| State | MI |
|---|---|
| County | Wayne |
| City | Romulus |
| Zip Code | 48174 |
| Area | Brownstown Twp (82171) |
| Listing VS Median (in 48174) | |
Price: $799,000 low | high Med: $249,900 sqft: 4,040 low | high Med: 1,777 $ / sqft: $198 low | high Med: $141 On site: 88 low | high Med: 21 | |
Market Activity 48174
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Learn More About This Property
| State | MI |
|---|---|
| County | Wayne |
| City | Romulus |
| Zip Code | 48174 |
| Area | Brownstown Twp (82171) |
| Listing VS Median (in 48174) | |
Price: $799,000 low | high Med: $249,900 sqft: 4,040 low | high Med: 1,777 $ / sqft: $198 low | high Med: $141 On site: 88 low | high Med: 21 | |