5182 Alpine $1,650,000

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    5182 Alpine Comstock Park, MI 49321

    Sold In House

    $1,650,000

    Market Estimate
    • 3.04 Acres
    • Commercial
    • MLS# 1861494
    5182 Alpine, Comstock Park, MI 49321
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    Listing provided courtesy of: 411 REALTY: 111 West Pickard Street, Mount Pleasant, MI
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    Property Details

    Exclusive, one-of-a-kind opportunity to own a well established motel and restaurant that is turn key, fully operational and well maintained. Since built in 1955, this property has been proudly owned by the same family. The full service restaurant features a galley kitchen, walk in coolers, expansive dining room, attached full service bar with a class C liquor license included, elevator to the full finished basement with banquet rooms and extra server station to accommodate any type of function. The motel offers 38 rooms with four suites that include kitchenettes. There is an in-ground outdoor pool and over 108 parking spaces spread out over three acres on the corner of Alpine Ave and 6 Mile Rd in a high traffic area. Some recent updates include new exterior paint, new roofs, and parking lot resurfacing. -All measurements are approximate and subject to independent verification.-

    • General Features
      • Licenses Liquor
      • Included In Lease None
      • Business Incl Yes
      • Business Name Swan Inn Motel/Restaurant
      • Type of Ownership Corporate Owned
      • Approx Year Built 1965
      • Type Hospitality
      • Town T 8N
      • Township Alpine
      • Present Use Bar,Restaurant/Food Service
    • Building Features
      • Extras Additional Buildings, Furniture/Fixtures, Phone System
      • Foundation Full Finished
      • Heating Cooling Source Natural Gas
      • Roof Asphalt
      • Heating Cooling Type Central Air, Forced Air, Hot Water, Window Air Conditioner
      • Apx Total Fin SQFT 17,108
    • Property Features
      • Water Municipal Water
      • Vacant Land No
      • Univs Design/Barrier Free None
      • Road Blacktop, Public Maintained
      • Sewer Municipal
      • Parking Common, Parking Lot, Paved
      • Parking Spaces 108
      • Exterior Features Brick
      • Construction Frame
      • Lot Dimensions 200' x 460'
      • Location Corner Lot

    Neighborhood

    49321 (Comstock Park) Demographics

    39 Median Age
    642 Population Density (per sq. mile)
    35% College Educated
    $61,293 Estimated Median Income
    4,161 Estimated Total Home Owners
    2,224 Estimated Total Renters
    65% / 35% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    16,926 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $280,000 Median Sales Price
    9 Homes Sold
    14 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        1/19/2022 3:00:00 AM Sold Source: Multiple Listing Service New Value: $1,650,000
        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.