MLS # 20261043296 (Realcomp)

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. This well-established investment opportunity deserves your serious consideration. The offering includes a profitable and well-maintained 12-unit motel situated on 5.01 acres (240’ x 910’), along with a two-story, 2,500-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.
Source: SparkMLS
Currently offered at $799,000.
Estimated annual property tax: $17,042, or about $1,420 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Mark Tlok
Hartford Real Estate of Michigan
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
19622 Telegraph Road, Romulus, MI 48174
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Municipality
Brownstown Township
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County
Wayne County
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