5182 Alpine $2,750,000


    5182 Alpine Comstock Park, MI 49321

    • 3.04 Acres
    • Commercial
    • MLS# 1861494
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    Views: 202 Days On Market: 277

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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 Restaurant/Food Service,Bar
    • Building Features
      • Extras Phone System, Furniture/Fixtures, Additional Buildings
      • Foundation Full Finished
      • Heating Cooling Source Natural Gas
      • Roof Asphalt
      • Heating Cooling Type Forced Air, Hot Water, Central Air, Window Air Conditioner
      • Apx Total Fin SQFT 17,108
    • Property Features
      • Water Municipal Water
      • Vacant Land No
      • Univs Design/Barrier Free None
      • Road Public Maintained, Blacktop
      • Sewer Municipal
      • Parking Common, Paved, Parking Lot
      • Parking Spaces 108
      • Exterior Features Brick
      • Construction Frame
      • Lot Dimensions 200' x 460'
      • Location Corner Lot


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    49321 (Comstock Park) Demographics

    35 Median Age
    654 Population Density (per sq. mile)
    35% College Educated
    $51,082 Estimated Median Income
    3,967 Estimated Total Home Owners
    2,546 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    16,875 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $201,512 Median Sales Price
    8 Homes Sold
    15 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,750,000
        12/14/2019 1:31:07 AM Status Changed Source New Value: Active
        12/11/2019 9:31:13 AM Status Changed Source New Value: Extend
        9/12/2019 4:31:18 AM Status Changed Source New Value: Active
        9/9/2019 2:31:31 PM Status Changed Source New Value: Price Change
        9/9/2019 2:31:31 PM Price Reduced Source New Value: $2,750,000 -8.33%
        5/22/2019 11:31:00 PM New in Database Source New Value: $3,000,000

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