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1 N River Rd

Mount Clemens, MI
Floors
4
Total Size
55,195 sqft
Parking Ratio
2 (per 1000 SF)
Zoning
Year Constructed
0
Year Renovated
0
Building Class

About 1 N River Rd

Do not approach without Broker or speak with employees as shown by appt., only. Currently operating as a hotel. Opportunity exists to convert to Senior housing/Assisted living facility/Apts/Offices. Originally built as a Holiday Inn. 55,195 sq ft bldg., nestled on 3.61 acres. 4 story hotel features 99 spacious guest rooms, 200 person banquet/meeting space, restaurant space and liquor license available, fully equipped banquet sized kitchen and large outdoor courtyard. This hotel is an interior corridor hotel with elevator service. Being sold unencumbered by franchise. New ownership has the opportunity to improve operational efficiences. - Parking description: 112 parking spaces, ratio of 2.03/1,000 sf; 1.13/room - Number of buildings: 1 - Number of units: 99 - Building condition: Good

Internet Providers for 1 N River Rd

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
WOW! Internet, Cable and Phone Cable
100 Mb/s
6 Mb/s
Iserv DSL
10 Mb/s
768 kbps
AT&T Michigan DSL
10 Mb/s
1.5 Mb/s
MegaPath Corporation DSL
10 Mb/s
1.5 Mb/s
Cavalier Telephone DSL
10 Mb/s
1.5 Mb/s

The City: Mount Clemens

Most listings are in the $10's per square foot per year. The Mount Clemens region is seeing a decrease in rates. In the last 3 months, the median rate fell $21 per sqft per year. That's a 60% decline in rent.

Compared to the rest of the Metro Detroit market, the Mount Clemens region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Median Rate Median Size
Mount Clemens $14
/sqft/yr
12,000
sqft
Median Rate Median Size
Metro Detroit $21
/sqft/yr
2,530
sqft

Median Rate over Time in Mount Clemens