1445 W Chicago Boulevard Tecumseh, MI ^$ 1,750,000

1445 W Chicago Boulevard

^$ 1,750,000

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1445 W Chicago Boulevard

Tecumseh, MI, 49286

^$ 1,750,000

Studio Baths0.0 Sq 25,883

Monthly Estimate*

^$ 12,224

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Studio

Commercial Property for sale in Tecumseh, MI

for $1,750,000. This 25,883 square foot building was built in 1964 on a lot size of 1.67.

Motel with 60's Tiki-bar and nice manager's apartment. New Management - New Look - Clean! Up and running! There is a large parking lot with space to accommodate any vehicle including large trucks. The Tecumseh Plaza, which includes Busch's Fresh Food Market, is located across the street. The Tecumseh Inn Motel is only 1 mile from downtown Tecumseh, 13 miles from Michigan International Speedway and 26 miles from / the University of Michigan football stadium in Ann Arbor. AND the ONLY motel in Tecumseh! Adjacent 1.02 acre parcel also available. See MLS # Seller financing possible. Current 2023 Valuation Statement on File

Commercial Active

Price

^$ 1,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 35,027

Style

Business

Lot Size

1.67

Year Built

1964

Town/City

Tecumseh

County/Region

Lenawee

MLS | Web ID

70392377

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Water Public Water Public Water at Street

Status Active Active

Year Built 1964

Parking 21+ Spaces

County Lenawee

Class COM/IND/BUS OPP

Type Business

Municipality Tecumseh

Subdivision MI

Commercial Features Cable Internet Installed Cable TV Available Electric Available Furniture Gas Available

Area Tecumseh (46043)

Primary City Tecumseh

Directions M-52 TO M-50 ALSO KNOWN AS CHICAGO BLVD

City Tecumseh

Street Name Chicago

Financial Terms Cash Conventional Land Contract

Legal Description THAT PART OF LOTS 4 & 5 PLAT OF OCCIDENTAL ACRES AND SE 1/4 OF SEC 29 DESC AS COMM AT SE COR LOT 5 & RUNN TH S 89D 20M

DOM 82

Postal Code 49286

Price Per Sq Ft 67.61

Coming Soon

Exterior

Frontage 86

Lot Size Area 1.67

Lot Dimensions 86x565x212x175x113x390

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Mark Riggle

Listing Agent

Re/Max Irish Hills Realty

Broker

markriggle@remax.net

Affordability Calculator

$15,143

Per Month

Monthly Principal & Interest: $12,224
Monthly Property Taxes: $2,919
Monthly Home Insurance: --

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Down Payment

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Tecumseh, MI

Average List Price ^$516,169

Percent of Sale Price 71%

About Tecumseh, MI

8,706 Population

2% Since 2002

^$53,437 Median Income

41.53 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/1/2024	$1,750,000	-2.78%	Price Down
3/1/2024	$1,800,000		Listed Price

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1445 W Chicago Boulevard, Tecumseh, MI, 49286 is a Commercial Property for sale at $1,750,000 with 25,883 sqft and a lot size of 1.67. 1445 W Chicago Boulevard is a studio with 0.0 baths and was built in 1964. The property's zip code is 49286 which is in Tecumseh, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1445 W Chicago Boulevard

Commercial Property for sale in Tecumseh, MI

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