1445 W Chicago Blvd - Hospitality FOR SALE


Tecumseh, MI 49286
$1,599,000 USD
517-547-3340
1445 W Chicago Blvd, Tecumseh, MI for Sale
$1,599,000 USD
Hospitality - FOR SALE
1/7
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1445 W Chicago Blvd
Tecumseh, MI 49286


OVERVIEW

Motel with 60's Tiki-bar and nice manager's apartment. New Management - New Look - Clean! There is a large parking lot with space to accommodate any vehicle including large trucks. The Tecumseh Plaza, which includes Busch's Fresh Food Market, is located across the street. The Tecumseh Inn Motel is only 1 mile from downtown Tecumseh, 13 miles from Michigan International Speedway and 26 miles from / the University of Michigan football stadium in Ann Arbor. AND the ONLY motel in Tecumseh! Former Fox's Pizza Den site. Existing building, onsite (approx 1800 sqft). 3-bedroom apartment (approx 1000 sqft; currently rented).24x50 Pole barn with concrete floor. Natural gas. Seller financing available to qualified buyer.

FOR SALE DETAILS

PRICE

$1,599,000 USD

PRICE/SF

$62 USD /SF

# OF ROOMS

64

PRICE/ROOM

$24,984 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tecumseh Inn Motel

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1964

PARKING SPACES

45

LAND DETAILS

LAND ACRES

2.67 AC

LAND SF

116,305 SF

ZONING

B-3 General Business

APN/PARCEL ID

XT0-129-4800-00 & XT0-129-4801-00

ASK ABOUT THIS PROPERTY

Mark RiggleThe Riggle TeamMore Info
517-547-3340

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Mark RiggleThe Riggle TeamMore Info
517-547-3340

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.