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Property profile & analytics

18931 Allen Rd Melvindale, MI 48122-1566

  • Specialty properties
  • 3,700 SF
  • 0.31 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1601373
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Melvindale Manor / Banquet Hall

Property Details for 18931 Allen Rd

Lot size
0.31 lot acres
Property size
3,700 SF
Zone code
R1 1 FA
Property type
Specialty properties
APN
47 010 03 0032 000
APU
47010030032000

Description

This exceptional opportunity presents the chance to acquire a thriving, established wedding and event venue in Melvindale, Michigan. Located at 18931 ALLEN, the business occupies a 3,700 square foot space situated on a 0.31-acre lot. Melvindale Manor is a well-known and respected venue, boasting elegant interiors perfectly suited for hosting a wide range of events, from intimate gatherings to large-scale celebrations. The sale includes the established business only, offering a turnkey operation ready for immediate revenue generation. This includes an existing client base, pre-established vendor relationships, and all necessary amenities to ensure continued success. The business is priced at $105,000, representing a significant opportunity for an entrepreneur seeking to enter or expand within the event and hospitality industry. The property's prime location in Melvindale provides easy access for clients and excellent visibility. This is a rare chance to acquire a profitable, reputable business with significant growth potential. All necessary equipment and operational components are included in the sale, allowing for a seamless transition and immediate commencement of operations. The business is currently operating and has a proven track record of success.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Melvindale
County
Wayne
State
Michigan
Longitude
-83.1913
Latitude
42.278
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,698
$0.00
$0.00
$82,200
-
$0.00
$0.00
$164,400
More about this property
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