2406 N TELEGRAPH Road
Monroe, MI, 48162 $ 276,000
Baths0.0 Monthly Estimate*
$ 1,722
Studio for $276,000. The lot size is 1.15.
Premier 1-Acre Retail Development Opportunity This remarkable 1+ acre property is perfectly positioned just north of the retail powerhousesâWalmart Supercenter, Meijer Grocery, and Aldi Grocery. It's not just about location; it's about being adjacent to Tractor Supply and surrounded by a plethora of national chain restaurants and big-box retailers, making it a prime destination for businesses seeking a prominent spot in a thriving commercial area. The convenience factor here is outstanding. Imagine your business nestled in the heart of a bustling 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 a stone's throw. What's more, the neighboring property to the south is also available for sale, offering the potential for expansion or larger-scale development, up to 2.15 acres, to accommodate your vision. The property's current zoning as C-2 opens doors to a wide array of possibilities. It's a versatile canvas, whether you're envisioning a retail storefront, a restaurant, or even a shopping center. All utilities are readily available, streamlining the development process and ensuring that your project has the necessary infrastructure in place. In summary, this 1 + acre gem represents an exceptional retail development opportunity in a prime location. Its proximity to major retailers, national chains, and adjacent properties for sale make it a highly sought-after location for entrepreneurs and developers. If you're looking to make your mark in the retail or restaurant industry, this property offers an ideal canvas for your ambitious plans. Don't miss the chance to be part of this dynamic and thriving commercial landscape.
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FeaturesGeneralWater Public Water
Status Active Active
Style Vacant Land
County Monroe
Township Frenchtown Charter Township
Class VACANT LAND
Type Vacant Land
Ownership Private
Municipality Monroe
Zoning Commercial
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Monroe (58026)
Primary City Monroe
Directions US-24 just north of Walmart
City Monroe
School District Monroe Public Schools
Financial Terms Cash Conventional
Legal Description 1.15 AMOL COM AT PT ON E LI TELEGRAPH RD 341.94 FT N 19 DEG E FR INT SD E LI TELEGRAPH RD W/CL LITTLE SANDY CREEK TH S 67 DEG 40'E 526.8 FT TH N 17 DEG 39'E 96 FT
DOM 1601
Postal Code 48162
Price Per Sq Ft Total AG 240000
Public Remarks Premier 1-Acre Retail Development Opportunity This remarkable 1+ acre property is perfectly positioned just north of the retail powerhousesâWalmart Supercenter Meijer Grocery
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ExteriorFrontage 96
Lot Size Area 1.15
Lot Dimensions 96x523
Fuel on Site Electric Gas/Propane Natural Gas
Roads Paved Street Private Road
Waterfront Y/N No
Frontage Type Road
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* Excluded FeaturesList ByColdwell Banker Haynes R.E. In MonroeBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,722
- Monthly Property Taxes
- $124
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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 $274,526
Percent of Sale Price 1%
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.
1521890 Elementary School
1521887 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/23/2021 | $225,000 | | Listed Price |