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- LoopNet Team
21350 W McNichols Rd
Detroit, MI 48219
Riviera Motel - $150,000 Downpayment ! · Hospitality Property For Sale
·
13,700 SF
Investment Highlights
- Land Contract Seller Financing -$150,000 Downpayment
- All Cash Business - fast return of initial investment !
- Living Quarters
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1960 |
| Building Class | C | Parking Ratio | 0.73/1,000 SF |
| Lot Size | 0.77 AC | Corridor | Exterior |
| Building Size | 13,700 SF | ||
| Zoning | B4 - Commercial district zone | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.77 AC |
| Building Size | 13,700 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 0.73/1,000 SF |
| Corridor | Exterior |
| Zoning | B4 - Commercial district zone |
Amenities
- Public Access Wifi
About 21350 W MCNICHOLS RD , DETROIT, MI 48219
The property is a 2 story masonry / block construction featuring 46 units with king beds, located near the intersection of two high traffic streets. The property also includes a vacant lot ready for development or expansion. Current owners have made several improvements over the last 10 years including replacing 30 PTAC Units, hot water tanks, a commercial 30lb. washer and dryer, carpets, copper plumbing, tiled showers, carpet and furniture. The property is a very busy "all cash" business offering guest the opportunity for short stays, daily and weekly rates. Living quarters are available to a new owner featuring a kitchen, dining room, bedroom, full bath and an extra large living space - dividable into a second bedroom.
Property Taxes
| Parcel Number | 22-0135859 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $281,700 |
Property Taxes
