or call us now at
8555263886828 CHERRY AVEActiveSave
Royal Oak, MI 48073-3988
0
525000-100.0%
-1Bed
-1Bath
2570SqFt
UPDATED
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,570 sqft
Price per Sqft $204
Lot Size 10,890 Sqft
Year Built 1943
MLS Listing ID 40111312
Financing Cash,Conventional
Subdivision Mi
Property Description
THIS IS A GREAT OPPORTUNITY TO OWN ASSISTED LIVING BUSINESS IN A GREAT AREA OF ROYAL OAK. THIS HOME OFFERS 8 BEDS TO BE USED FOR ASSISTED LIVING OR HOSPICE. ALL SET UP WITH FURNISHINGS, APPLIANCES, AND STRUCTURES MEETING REGULATIONS. INCOME POTENTIAL IS $28,000 TO $35,000 PER MONTH. THE BUSINESS IS OVER 40 YEARS OLD AND HAS A GREAT REPUTATION KNOWN AS THE "CHERRY OAK INN". IN ADDITION TO USING THE EXISTING WEB SITE, THE OWNER IS WILLING TO HELP TRAIN AND GUIDE THE NEW OWNERSHIP. HOME MAY ALSO BE PURCHASED AS A RESIDENCE. THIS HOME HAS 6 BEDROOMS AND 4 FULL BATHS.
Location
State MI
County Oakland
Area Royal Oak (63251)
Zoning Residential
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Waterfront No
Roof Type Asphalt
Building
Foundation Basement
Lot Dimensions 56.00X126.00
Water Public Water
Structure Type Brick,Vinyl Siding
Others
Tax Amount $5,327
Ownership Private
Energy Description Natural Gas
Read More
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listing provided by KW Metro
Nearby School & Properties
Marketing Trends
Average Sales Price
Beds
Baths
Coming Soon
No Data
Neighborhood Demographic
Similar Homes Unlike
Quick Search