Listed by CENTURY 21 Curran & Oberski Dearborn Heights
$649,900
11920 Telegraph Road
Details
APN 580102300500
Property Type Business for Sale, Hospitality
Sub Type Business and Building, Hotel
Square Footage 3,238
NOI $127,050
Year Built 1975
Acreage 2.570
Business for Sale | 3,238 SqFt
Marketing description
THIS VERY WELL MAINTAINED 16 UNIT MOTEL IS A BUSINESS OPPORTUNITY WITH REAL ESTATE (EVA'S MOTEL) ON BUSY TELEGRAPH RD IN CARLETON, MI. BUILT IN 1975, ON A SPACIOUS 2.57 ACRES. ROAD FRONTAGE IS 308 FEET. LAND USE IS 201-COMMERCIAL, PROPERTY CATEGORY COMMERCIAL. LONG TIME OWNERSHIP, SINCE 1994. WELL MANAGED AND PROFITABLE. AFTER 27 YEARS OF OPERATION, THE SELLERS ARE MOVING TO FLORIDA. ALL MOTEL EQUIPMENT, BEDS, TVs, MICROWAVES, WINDOW A/C UNITS, BEDDING, TABLES, CHAIRS, WASHER, AND DRYER ARE INCLUDED IN THE SALE. 3 ADDITIONAL UNITS COULD BE EASILY BUILT ON THE PROPERTY ADJACENT TO THE OWNERS LIVING QUARTERS.MANAGER/MAINTENANCE MAN HAS BEEN THERE FOR 17 YEARS AND WOULD LIKE TO CONTINUE TO LIVE ON SITE AND CONTINUE WORKING. THIS BUSINESS IS A CASH/CREDIT CARD OPERATION. NICE GARAGE AND SHED INCLUDED.
Listing Contacts
Listed by CENTURY 21 Curran & Oberski Dearborn Heights
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$127,050.00
$10,587.50/mo
Valuation Metrics
0
DSCR
19.55%
Cap Rate
19.55%
ROI
Map
Zoning
C-2 CommercialGeneral CommercialGeneral Commercial District
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View all 49 uses Last updated May 7, 2026 For deeper zoning details, reports are available at Zoneomics
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