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$750,000

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1 BD

8,019 SqFt

Active

22755 GRAND RIVER Avenue Detroit, MI 48219

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Barrett Real Estate

info@barrettre.com +1(480) 864-2100

UPDATED:

01/24/2025 04:05 AM

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 8,019 sqft

Price per Sqft $93

Subdivision More Than One Legal Involved

MLS Listing ID 20240086652

Bedrooms 1

Originating Board Realcomp II Ltd

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 Det - Joy-Dbn Ht Grnfld-Limits

Zoning Commercial,Multi-Family,Office,Residential

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.

Body of Water River Rouge

Interior

Hot Water Electric

Heating Forced Air, Hot Water

Heat Source Natural Gas

Exterior

Exterior Feature Fenced

Utilities Available Employee Lunch/Lounge, 220V Available, Security Alarm, Smoke Alarm, Circuit Breakers

Roof Type Asphalt,Built-Up

Road Frontage Highway

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 1/2 Story

Structure Type Aluminum,Brick,Vinyl

Schools

School District Detroit

Others

Tax ID W22I007515S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, Warranty Deed

Rebuilt Year 2000

Listing Terms Cash, Conventional, Warranty Deed

Financing Cash,Conventional,Warranty Deed

Special Listing Condition Full Service

Listed by Milton G Owens-Crawford of Reach Realty Group

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Barrett Real Estate

+1(480) 864-2100

22755 GRAND RIVER Avenue Detroit, MI 48219

Barrett Real Estate

Key Details

Location

Interior

Exterior

Building

Schools

Others

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22755 GRAND RIVER Avenue