Detroit, MI 48219,22755 GRAND RIVER Avenue
Detroit, MI 48219,22755 GRAND RIVER Avenue
Detroit, MI 48219,22755 GRAND RIVER Avenue
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$684,999
Est. payment /mo
8,019 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,019 sqft

Price per Sqft $85

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

Foundation Block

Sewer Public

Water Public

Structure Type Aluminum Siding,Vinyl Siding,Brick

Schools

School District Detroit

Others

Tax ID W22I007515S


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Listed by Reach Realty Group

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agent

Nick Schweihofer

+1(616) 566-4619

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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