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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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10249 W Jefferson Ave , River Rouge, MI 48218
$349,999
Est. Payment: $777.78/mo
0 Bed
0 Bath
5750 Sqft
Status: Active | Days on site: 71
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House Description

**WELCOME TO THE WELL-KNOWN R & A HALL, A RARE OPPORTUNITY TO OWN A 5,000+ SQ. FT. ESTABLISHED BANQUET HALL WITH MULTIPLE INCOME STREAMS!**THIS LONG STANDING FACILITY COMFORTABLY HOSTS OVER 100 GUESTS AND IS READY FOR ITS NEXT OWNER TO CONTINUE OPERATING THE BUSINESS OR BRING A NEW VISION TO LIFE**FEATURING TWO LARGE BANQUET ROOMS THAT CAN BE USED SEPARATELY OR COMBINED INTO ONE SPACIOUS EVENT VENUE, THIS PROPERTY OFFERS INCREDIBLE FLEXIBILITY FOR A VARIETY OF USES**THE LARGE FULL SERVICE KITCHEN IS PERFECT FOR CATERING AND FOOD PREPARATION, WHILE THE MANAGER'S OFFICE, TWO FULL BATHROOMS, MULTIPLE STORAGE AREAS, MULTI-PURPOSE ROOMS, AND A FULL BASEMENT PROVIDE EXCEPTIONAL FUNCTIONALITY WITH AMPLE ADDITIONAL STORAGE SPACE**INCLUDED WITH THE PROPERTY ARE FOUR LARGE ONE BEDROOM INCOME GENERATING APARTMENTS**TWO UNITS FEATURE THEIR OWN PRIVATE ENTRANCES, WHILE A SEPARATE ENTRANCE PROVIDES ACCESS TO THE OTHER TWO UNITS** BENEATH THE APARTMENTS IS ANOTHER LARGE STORAGE AREA, ADDING EVEN MORE VALUE AND USABILITY**SALE INCLUDES THREE SEPARATE TAX ID PARCELS: 50007010022001, 50007010024003, AND 50007010025001**IDEALLY LOCATED JUST MINUTES FROM THE NEW GORDIE HOWE INTERNATIONAL BRIDGE WITH EASY ACCESS TO MAJOR FREEWAYS, PARKS, SCHOOLS, AND SURROUNDING COMMUNITIES**WHETHER YOU CHOOSE TO CONTINUE OPERATING THE EXISTING BANQUET HALL WITH CURRENT BOOKINGS AND REVENUE, OR CONVERT THE PROPERTY TO A RESTAURANT, DAYCARE, COMMUNITY CENTER, RELIGIOUS FACILITY, OFFICE SPACE, OR ANOTHER COMMERCIAL USE (SUBJECT TO MUNICIPAL APPROVAL), THE POSSIBILITIES ARE TRULY ENDLESS**DON'T MISS THIS EXCEPTIONAL INVESTMENT OPPORTUNITY**

Highlights

Listed by Timothy Hillmer , 313-274-7200 Century 21 Curran & Oberski , 313-274-7200.

Property Type

Commercial Sale

Lot/Acreage
0.19

Year Built

1915

County

Wayne

Neighborhood

River Rouge City

School District

River Rouge

Listing ID

20261051075

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Basement
Water:Public

Exterior Features

Principal Interest
$778
Taxes
$390

Home Price

$349,999

Loan Details

30 yrs
%

Down Payment

20%
$70,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $777.78 $390.00 $0.00 $1,167.78
Yearly $9,333.31 $4,680.00 $0.00 $14,013.31
Total $279,999.20 $140,400.00 $0.00 $420,399.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (River Rouge, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.