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    11920 Telegraph Rd Carleton, MI 48117

    For Sale
    $649,900

    Profitable 16-unit motel on 2.57 acres.

    Property size:
    3,238 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional Carleton, MI business opportunity presents a well-maintained 16-unit motel situated on a substantial 2.57-acre lot with 308 feet of road frontage on busy Telegraph Road. Built in 1975, this established property boasts a long history of successful operation, having been under the same ownership since 1994. The sale includes all motel equipment, fixtures, and furnishings, encompassing beds, TVs, microwaves, window air conditioning units, bedding, tables, chairs, a washer, and a dryer. The property's zoning is designated as 201-Commercial, falling under the Commercial property category. The current owners are relocating to Florida after 27 years of profitable operation. A significant advantage is the potential for expansion

    Property Features for 11920 Telegraph Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    3,238 SF
    Lot Size
    111,949 SF

    Building Details

    Year Built
    1919
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Evas Motel Motel

    Suggested Use

    Auto Repair Shop Hotel & Motel Department Store Kitchen & Bath Storage Facility Discount Store Veterinary Clinic Wine and Liquor Store Plumbing Service Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carleton
    County
    Monroe
    State
    Michigan
    Longitude
    -83.32464
    Latitude
    42.04952

    Nearby Comparable

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      Telegraph Road Motel Investment

      Profitable Carleton Motel, 16 Units
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      Profitable Motel Business Opportunity

      Well-maintained 16-unit motel on 2.57 acres for sale.
      11920 Telegraph Rd, Carleton, MI 48117
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    • $800,000
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      Freestanding Retail in Carleton, MI

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    • $350,000
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      Brownstown Industrial Property - Huge Potential

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    Nearby Similar for Sale

    • New
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      Pending

      Carleton Commercial Property with Restaurant

      13.65-acre commercial property featuring a store and restaurant.
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    • $649,900

      Profitable Motel Business Opportunity

      Well-maintained 16-unit motel on 2.57 acres for sale.
      11920 Telegraph Rd, Carleton, MI 48117
      View Details
    • $800,000
      3,400 SF

      Freestanding Retail in Carleton, MI

      Single tenant Ash Market with high traffic and growth potential.
      11649 Telegraph Rd, Carleton, MI 48117
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    • $800,000
      3,400 SF

      Freestanding Retail in Carleton, MI

      Single tenant Ash Market with high traffic and growth potential.
      11653 Telegraph Rd, Carleton, MI 48117
      View Details

    FAQs

    What type of property is this?
    Industrial property - Profitable 16-unit motel on 2.57 acres.
    Where is this industrial property located?
    The property is located at 11920 Telegraph Rd Carleton, MI.
    What is the asking price?
    The asking price for this property is $649,900.
    (313) 274-7200
    Request Owner's contact information
    11920 Telegraph Rd Carleton, MI 48117
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    Carleton, MI 48117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11920 Telegraph Rd Carleton, MI 48117
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