1395 N Telegraph Road Monroe, MI $ 1,500,000
1395 N Telegraph Road
$ 1,500,000
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1395 N Telegraph Road

Monroe, MI, 48162
$ 1,500,000
Baths0.0 Sq 5,782

Monthly Estimate*

$ 10,478

1395 N Telegraph Road, Monroe, MI 48162 - Image 1
Studio

Commercial Property for sale in Monroe, MI

for $1,500,000. This 5,782 square foot building was built in 1976 on a lot size of 0.92.

Prime Redevelopment Opportunity - Fusion Restaurant Property This remarkable redevelopment property currently houses Fusion Restaurant (tenant will vacate), with a historical connection to the iconic Ponderosa Steak House. Boasting a spacious 5,782 square feet and situated on the bustling Telegraph Rd (US-24), it's a gem of a location with boundless potential. The property's excellent condition is a testament to its quality and upkeep. It's ready and waiting for the next chapter in its story, making it an enticing opportunity for visionary entrepreneurs and developers. Positioned directly in front of Monroe Mall, this property enjoys a front-row seat to the vibrant commercial scene. Its proximity to numerous national chain restaurants further enhances its appeal, creating a dynamic atmosphere that draws both locals and visitors alike. Ease of access is a key advantage here, with straightforward in and out access for patrons, ensuring a seamless and enjoyable experience. In summary, this redevelopment property presents a rare chance to shape the future of a prime location on Telegraph Rd (US-24). Whether you have a specific vision for its transformation or are exploring the potential of its versatile space, this property is a canvas for your entrepreneurial aspirations. Don't miss out on the opportunity to be part of the vibrant commercial landscape in this sought-after area.

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Commercial Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 22,121

Style

Commercial/Industrial

Lot Size

0.92

Year Built

1976

Town/City

Monroe

County/Region

Monroe

MLS | Web ID

50044607

Features
General
Heating Forced Air
Cooling Central A/C
Water Public Water
Status Active Active
Year Built 1976
Parking 21+ Spaces
Water Heater Gas
County Monroe
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership LLC
Municipality Frenchtown Twp
Zoning Commercial
Subdivision MI
Commercial Features Restroom(s) Roof Sign
Area Frenchtown Twp (58007)
Primary City Monroe
City Monroe
Street Name Telegraph
Financial Terms Cash Conventional
Legal Description SEC 30 T6S R9E SUPERVISORS PLAT #1 .918 AMOL PT OF LOT 1 COM AT PT ON W'LY ROW LI TELEGRAPH RD S 20 DEG 20'W 1017.39 FT FR SW'LY ROW LI STEWART RD
DOM 1055
Postal Code 48162
Price Per Sq Ft 259.43
Coming Soon Prime Redevelopment Opportunity - Fusion Restaurant Property This remarkable redevelopment property currently houses Fusion Restaurant (tenant will vacate)
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Exterior
Exterior Vinyl Siding
Frontage 200
Lot Size Area 0.92
Lot Dimensions 200x200
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Tom Fritz

Listing Agent

Coldwell Banker Haynes R.E. - Monroe

Broker

tom.fritz@me.com

Email

Affordability Calculator

$12,321
Per Month
85%
15%
0%
Monthly Principal & Interest
$10,478
Monthly Property Taxes
$1,843
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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/11/2021$1,300,000 Listed Price

Map


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1395 N Telegraph Road, Monroe, MI, 48162 is a Commercial Property for sale at $1,500,000 with 5,782 sqft and a lot size of 0.92. 1395 N Telegraph Road is a studio with 0.0 baths and was built in 1976. The property's zip code is 48162 which is in Monroe, MI