Jackson, MI 49201 9694,7657 ANN ARBOR Road
Jackson, MI 49201 9694,7657 ANN ARBOR Road
Jackson, MI 49201 9694,7657 ANN ARBOR Road
5
$570,000
$630,000
9.5%
Est.Price: ?

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2,616 SqFt

7657 ANN ARBOR Road Jackson, MI 49201 9694

Est. payment /mo
SOLD DATE : 06/24/2021

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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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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Hartford Real Estate of Michigan
Bought with Hartford Real Estate of Michigan

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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