2414 N Telegraph
Monroe, MI, 48162 $ 425,000
Baths0.0 Monthly Estimate*
$ 2,969
Studio
for $425,000. The lot size is 2.
Premium 2-Acre Retail Development Opportunity Prepare to be captivated by this extraordinary 2-acre property, strategically positioned just north of retail giants - Walmart Supercenter, Meijer Grocery, and Aldi Grocery. It shares its border with Tractor Supply, making it a prime spot for businesses seeking a prominent location in a bustling commercial area. What truly sets this property apart is its remarkable surroundings. Picture your business thriving in the heart of a thriving retail hub, with Frenchtown Mall, Lowes, Kohls, TJ Max, Dunhams, Hobby Lobby, Ruby Tuesdays, Applebees, Flagstar Bank, AT&T, Verizon, Jimmy Johns, Belle Tire, Bob Evans, and more, all within close reach. But that's not all - neighboring properties to the south are also available for sale, offering the potential for expansion or more extensive development, up to 3 acres, to accommodate your ambitious vision. With its current C-2 zoning, this property provides a versatile canvas for a wide range of possibilities. Whether you're envisioning a retail haven, a restaurant hotspot, or even a shopping center, this property offers the ideal setting. Plus, it comes equipped with all utilities, streamlining the development process and ensuring that your project has the necessary infrastructure in place. In summary, this 2-acre gem is an exceptional retail development opportunity in a prime location. Its proximity to major retailers, national chains, and the availability of adjacent properties make it an incredibly sought-after location for entrepreneurs and developers. If you're eager to establish your presence in the retail or restaurant industry, or embark on a shopping center venture, this property holds the key to your ambitious plans. Don't miss the chance to be part of this thriving and dynamic commercial landscape.
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FeaturesGeneralSewer Public Sewer (Sewer-Sanitary)
Zoning Commercial
Property Type Vacant Land
Transaction Type Sale
Status Active
Short Sale No
Cumulative Days on Market 1028
MLS Area Monroe
City Monroe
Terms Offered Cash Conventional
School District Monroe
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name TELEGRAPH
DOM 1028
Taxes 3895.0000
Legal Description F-1107 SEC 30 T6S R9E & PCS 79 & 675 4.89 AMOL COMM AT INT OF CL OF STEWART RD & WLY ROW OF CSX RR; TH N 21D 46M 22S E 2535.11 FT TO THE POB; TH N 21D 46M 22S E 198.94 FT; TH N 66D 43M 21S W 1073.75
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ExteriorWaterfront 0
Lot Size Area 2.00
Water Source Public (Municipal)
Lot Size Dimensions 167 x 523
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Internal OnlyOriginating MLS Southeastern Border Association of REALTORS®
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* Excluded FeaturesList ByColdwell Banker Haynes R.E. - MonroeBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,969
- Monthly Property Taxes
- $325
- Monthly 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.
Learn more about how to save NearbyLots and land listings in Monroe, MI
Average List Price $236,963
Percent of Sale Price 44%
About Monroe, MI 20,059 Population
-7% Since 2002
$ 43,524 Median Income
37.98 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
848016 Elementary School
848002 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/28/2022 | $425,000 | | Listed Price |