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7657 ANN ARBOR Road Jackson, MI 49201 9694
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Key Details
Sold Price $570,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,616 sqft
Price per Sqft $217
Subdivision Mi
MLS Listing ID 40153661
Sold Date 06/24/21
Annual Tax Amount $6,380
Lot Size 2.510 Acres
Acres 2.51
Lot Dimensions 200x482x612x240
Property Description
19 units "Joy Motel" includes a 2600 sq ft owner's house, 2 huge garages/barns, 6 buildings all together. All is on 2.51 acres of land with a country-like setting. It is a profitable business with a very long weekly rentals history. Weekly rentals create stable and predictable income. Recent major improvements include new roofs (all new framing and covering) on motel buildings and the house, all 19 motel rooms completely renovated with all new walls, floors, electrical, plumbing, water heaters, bathrooms, furnaces, etc. It took 2 years and hundreds of thousands of dollars to complete the renovation.
Location
State MI
County Jackson
Area Leoni Twp (38007)
Zoning Commercial
Interior
Heating Baseboard, Forced Air, Wall Heat
Exterior
Roof Type Asphalt
Building
Foundation Basement, Crawl
Water Private Well
Structure Type Log,Wood
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Bought with Hartford Real Estate of Michigan